Full cream milk, skimmed milk powder, condensed milk, goat milk powder, cheese, margarine, vegetable ghee,palm oil shortening, rbd palm oil, rbd palm olein, refined peanut oil, extra virgin olive oil, refined sunflower oil, refined canola oil, refined corn oil, rbd coconut oil, refined soybean oil, crude degummed rapeseed oil, crude degummed corn oil, used cooking oil, jatropha oil, crude palm oil, crude sunflower oil, crude soybean oil, apples, bananas, berries, grapes, kiwi, lemon, mangoes, oranges, fresh tomatoes, fresh onions, fresh garlic, fresh ginger, fresh mushrooms, chicken drumsticks,frozen chicken paws, chicken feet, chicken wings, frozen whole chicken, frozen beef, frozen lamb, peanut seeds, soybean seeds, sunflower seeds, corn seeds, parboiled rice, basmati rice, macaroni, spaghetti, icumsa 45 sugar, icing sugar, icumsa 100, iodized salt, wheat flour, coconut powder, white pepper, black pepper, alkalized cocoa powder, natural cocoa powder, natural honey, tomato paste
Minerals, Gypsum Plaster, Clinker, Gypsum Stone, Limestone & White Cement, Gabbro, Industrial Salt, Polypropylene, Feldspar, Sulfur, Foods And Spices: Rose Water, Saffron, Pistachio, Nuts And Dried Fruits, Petrochemicals: Lpg, Bitumen, Engine Oil, Building Material, Tiles And Ceramics
1. soybean soybean (gmo/ non gmo)
2. corn soybean (gmo/ non gmo)
3. sugar ic45 / brown sugar (ic600 1200)
rbd palm oil & other vegetables oil
petroleum products like diesel, aviation jet fuel a1 / jp54, d6, crude oil, mazut, bitumen, pet coke, urea, agro products, wheat, lentils, wheat flour, minerals ore products iron ore, manganese ore, chrome ore, nickel ore, coal, clinker, limestone, gypsum, calcium oxide (quick lime), aluminum ingots, wire scrap
copper cathode
Disposable Cutlery Advertising Equipments & Materials Disposable Eco Friendly Cutleries Petroleum Jelly Soybean Sunflower Oil Light Emitting Diode Jams & Jelly Paper Rolls Alcohol Based Hand Sanitizer Solar LED Street Lights Dental Equipments & Materials Bee Honey Kerosene Oil Non Woven Fabric Bees By-Product & Wax Honey Thermal Paper Rolls Machined Components Hand Sanitizer Gas Lighters Heavy Machinery Cotton Palm Oil Sanitary Wares Soybean Oil Napkins Printing Paper Used Rail Scrap
Copper cathodes, plates, copper concentrate, sheet, scrap, iron ore, iron slogs, manganese, aluminum ingots, metal scrap (scrap vessels, hms 1&2, ferrous and non ferrous, used machineries), titanium tube condenser, used hand machineries (generators), 2nd hand i beams/h beams and angle bars, white sand (raw, vibro, gravel), aluminum foil, diesel oil and biodiesel oil
Petroleum based like crude light & heavy, jet fuel a1 & jp54, diesel en590 & other grades, lpg, lng, sulphur, petroleum based products fertilizers like urea, rock phosphate, ferrous & non ferrous metals like steel billets, used rail, scrape hms, copper, aluminum
Goat meat, beef, alfa alfa bales, camel meat, avocados, red sorghum, cut flowers, soybeans, sesame, icumsa sugar, white & yellow maize, cocoa, black ctc & othordox teas,coffee, rice, black pepper, cardamom, castor, chickpeas, cotton seeds, flax seeds, white pepper, vanilla, beans, rape seeds, sisal fibre, urea n 46%, sudan grass seeds, cinnamon, cloves, essential oils, cashew nuts, red kidney beans, macadamia, apricot, used rails r65 r50, copper cathodes, copper wire, cobalt, aluminum wire 6063, ubc, coltan/tantalite, iron ore, lithium ore, used battery scrap, wheel scrap, aviation kerosene colonial grade 1 &54 jet fuel, d6 virgin fuel oil, liquefied natural gas lng, bitumen grade 40/50, 60/70, & 80/100, diesel gas d2 oil gost 305 82, eastern siberia pacific oil, liquefied petroleum gas lpg, ultra low sulfur diesel(en590)
light cycle oil(lco), wheat grains and wheat flour, cowpeas, beans, cement, clinker, soybean seeds and oil, sunflower seeds and oil.
Sisal Fiber, Cashew Nuts, Alfalfa Hay, Fish Meal, Sesame Seeds, Yellow Millets, A4 Paper, Fish Meal Anchorvy %65, Canary Seeds, Frozen Chicken, Face Mask, Surgical Face Mask, N95 Mask, Surgical Gloves, Medical Gown, 3ply Mask, Medical Goggle, Copper Wire Scrap, Wood Pellets , Wood Briquettes , Used Phones , Goats , Lysol Sprays , Lysol Wipes.
Rice, Coffee, Natural Juice, Sugar, Cashew Nut, Oil, Chicken, Frozen Chicken, Canvendish Banana , Chemicals , Aluminium Scraps , Nitric Acid , Aluminium Ingots , Metal Scraps , Hms 1and 2 Scrap, Urea , Cosmetics , Pringles , Wood Pallets , A4copy Paper , Hdpe ,ldpe , Eva , Pp , Nitrogen Fertilizers , Dap , And Much Mores
Unilever, colgate, palmolive, gillette, procter & gamble, smithkline, recekett benckiser, johnson & johnson, nivea, sara lee, S. C. Johnson, cussons , henkel , kimberly clarke, unicharm, sca hygiene, jolan, lakme, loreal, revlon, kelloggs, nestle, britania, coca cola, pepsico, cadbury, master food
The Environmental Protection Agency defines used oil as oils that are contaminated with chemical and physical impurities because it is refined from synthetic or crude oil. A simpler way to describe it is as any petroleum-based or synthetic oil that has already been in use. It can be recycled again for many purposes. One such purpose is that recycled used oil can protect soil and water against pollution. Some of the common examples of used oil are motor oil (from vehicles), used coolant oil (from mechanical systems), and hydraulic fluid (from machinery). There is always some confusion regarding the difference between used oil and waste oil. The major difference between them lies in which substance it is contaminated with. While used oil is contaminated through natural use, waste oil is contaminated from sources like spills, leaks, or a mixture of hazardous waste. Let's explore more about what factors classify oil as contaminated oil.
Any oil can only be classified as used oil if it:
The Thin Line between Used Oil and Hazardous Waste:
Sometimes, used oils (which are considered a universal waste) are misunderstood as hazardous waste, and vice versa. So, what sets them apart? Let's discuss the criteria that are used to differentiate between them:
The global trade market of used oil is expanding mainly because of its recycling and re-refining properties. The fluctuations in the prices of crude oil also make used oil a substitute for it in the global trade. Did you know that the US is the largest producer of used oil? It is to recycle the used oil domestically and to fulfill the demands of other importing countries as well.
There are several other factors that contribute to the rising demand for used oil in the global trading business. Those are as follows:
1. Recycling and Re-refining
The process of recycling and re-refining is done to remove water and contaminants using purification methods. Used oil goes through a series of procedures, such as dewatering, distillation, hydrogenation, and others. Used oil is re-refined to make new lubricating oils and fuel oils. These also have a very high demand in the trading industry. In the petrochemical industry, used oil is used as a raw material.
2. Environmental regulation
As mentioned earlier, used oil is also considered a natural waste. Through the process of re-refining, we're basically making use of something which could actually go to waste. This helps in reducing the environmental impact. So, global traders of used oil are able to be responsible towards the environment while making a great deal of profit through international markets.
3. Source of fuel
After removing the contaminants and water from used oil, it is burned in a specialized burner to generate heat. This can become an alternative to other fuels in multiple areas. This method is also a cost-effective method, which is what attracts the attention of used oil buyers from all over the world. They can easily maximize their profit margins by using multiple ways to recycle and re-refine it, or sell it as a source of fuel.
Now that the factors driving the trade industry of used oil are clear. Let’s now understand the minds of used oil importers and look at what exactly they are looking for. This can accelerate the process of connecting with suitable buyers.
If you’re an exporter of used oil, you can add various other products to your exporting business. As used engine oil buyers, seeking to expand their importing products, might also be included in the list of used cooking oil buyers. Here are some of the related products that you can include:
Some of the key information about the current market size of the used oil trading industry can have a significant impact on your exporting business. Here are a few of the important data points:
Global Market Size
Source: Precedence Research
Top Importing Countries for Used Oil (2024):
Source: Volza
In the trading business, connecting with the right kind of buyers is what actually seals the deal for gaining maximum profit. Here is what you can do to find reliable used oil buyers:
1. What is the best way to store used motor oil?
You can store motor oil in a leak-proof container in a cool and dry place. Make sure that the containers are clean and are kept directly in the sunlight.
2. What is the difference between waste oil and used oil?
While used oil is subsequently contaminated with physical and chemical impurities and can still be used, waste oil is contaminated from external sources and can no longer be used.
3. How long can used oil be stored?
It can be stored for a few months without becoming regarded as hazardous waste. It can be stored for even longer periods of time, depending on the storage conditions.
4. Is used oil hazardous?
Yes, used oils can be called hazardous because it contain toxic metals and are slow to degrade. But if it is stored in an appropriate place and is recycled quickly, then there is no reason to call it hazardous.
5. What are the regulations for used oil exports?
The regulations for used oil exports might vary in different countries. The basic ones include having a Prior Informed Consent (the written approval from all the concerned authorities). Moreover, exporting will only be allowed if the importing country confirms that it can manage the waste and not affect the environment.
6. Why is used oil recycling important?
It is important to recycle used oil to protect the environment and gain economic benefits.
7. Which are the top importing countries for used oil?
The top importing countries for used oil are Vietnam, Peru, and Colombia.
8. What are the different ways used oil can be recycled or reused?
The processes of re-refining, processing for fuel, and reconditioning are some of the ways through which used oil can be recycled and reused.
9. What is the used oil HSN code?
27109900 is the used oil HSN code.
10. What is the used oil price per litre?
The prices for used oil depend on multiple factors like location, used oil type, and others. However, you can expect an average price of INR 25 to 70 per litre for used oil.
India is producing a lot of used oil that is not being recycled, which is why the Indian government has introduced Extended Producer Responsibility. Now, producers will have to recycle 5% of the total production of used oil. (Full story: Energy Economics Times)
