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The value of plastic can vary significantly based on the type, quality, and market demand. As of recent trends, recycled plastic can fetch prices ranging from $200 to $1,000 per ton, depending on the resin type and market conditions. In contrast, virgin plastic prices fluctuate with crude oil prices and can be lower due to production costs. Overall, the economic value of plastic is influenced by recycling rates, legislation, and global supply chains.
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