Used oil, used cooking oil from vegetable source
ffa max 4%, mi less than 2%
Refined sunflower oil, used cooking oil, palm oil
Used Engine Oil
Base oil SN60, 70, 100, 150, 350, 400, 500, 550, 600, 650, Jet fuel A1, JP54, crude oil, bitumen 50,60/70, 90/100 & all grades of bitumen, used cooking oil, transformer oil, industrial oil, grease, lng/lpg, used motor or engine oil, motor oil, lubricants, additives, and petroleum products
Automotive spare parts, automobile engines for gasoline and diesel, consumable spare parts like air filter, blade, lamp, lubricants like synthetic oil
Millet Olive Oil Gas Lighters Chickpeas Sunflower Meal Yellow Sapphire Gemstones (Pukhraj) Peanuts Coir Yarn Kerosene Oil Rapeseed Oil Cotton Yarn Fertilizers Corn Oil Wool Emerald Gemstones (Panna) Canola Oil Petroleum By Products Recycled Plastic Plastic Scrap Pumpkin Seeds Corn Meal Barley Mustard Seeds Oat Polyester Plastic Raw Materials Wheat Used Oil Soybean Meal Spices Sesame Oil Plastic Bottles & Sealings Peas Cotton Soybean Seeds Soybean PE Coated Paper Castor Seed Oil Sesame Seeds PVC Floorings NPK Lentils Copra Soybean Oil Sunflower Seed Ruby Gemstones (Manikya) Diesel Nylon Plastic Carrier Bags Printing Paper DAP (Diammonium Phosphate) Other Edible Oils Sunflower Oil Jatropha Oil Viscose Fabric Frozen Beef Maize Wheat Flour
Jet Fuel (grade Jet A1), Ago Automotive Gas Oil, Gasoline 91 92 95 Octanes, Gas L0.2/26 Gost 305 82, Russian Mazut M100 10585/75, Light Cycle Oil (lco),, Virgin D6 Fuel Oil, Liquefied Natural Gas, Virgin D2 Fuel Oil, Diesel En590 Gost 52368 2005, Light Crude Oil, Euro 5, Jp54, Bitumen, Rubber, Petroleum Coke, Urea, Phosphate, Wood Pellets, Copper, Aluminium, Sulphur Gas Granulated, Cryptocrystalline Graphite, Wheat Flour, Soft Wheat, Corn, Barley, Refined Sunflower Oil, Unrefined Sunflower Oil, Soybean Oil, Corn Oil, Peanut Oil, Sesame Oil, Palm Oil, Olive Oil, Canola Oil, Crude Jatropha Oil, Fish Oil, Wheat Bran, Sunflower Pomace, Rapeseed Pomace (rsp), Soybean Pomace, Chickpeas, Lentils, Wheat Starch.
Used steel shelves, used clothes, coffee beans, oils, lubricants, batteries, construction tools.
Tomato paste, galvanized wire, natural wood charcoal, corn gluten meal, yellow maize, white maize, detergent, kidney beans, fresh garlic, fresh ginger, dehydrated dried garlic, fresh fruits, fresh eggs, soybean grain, royal honey, raw peanuts, cavendish bananas, mix millet, yellow millet, red millet, green mung bean, powder milk, sunflower oil, soybean oil, double a4 copy paper, dried sunflower seeds, dried pumpkin seeds, fresh holland potatoes, fresh onions, fresh eureka lemon, fresh navel orange, fresh valencia orange, dried white sesame seeds, poppy seeds, cumin seeds, cotton seeds, maize meal, used pp bags, used jute bags, dried anchovies fish, frozen mackerel fish, black pepper corn, wheat grain, dried green cardamom, dried gloves, barley wheat, green coffee, green peas, fresh peaches, fresh strawberries, rapeseed, fresh cucumbers, sugarcane, fresh grapes. chocolate, truffles.
Nitrile gloves, latex gloves, face mask, covid 19 test kit, safety gloves, industrial gloves, oils for food & cosmetics, rice, agricultural products, tuna, shampoo, used cars, brand new cars, buses, truck, battery for cars, tire scraps
Food and beverage, home decoration, kitchen machines, wood working machines, clothing and fashion, woods, general products, massage and spa oils, silk & thai handicrafts, automotive spare parts genuine, juices and drink, food products, clothing, furniture like hotel furniture, outdoor & garden furniture, home furniture, office furniture, wooden doors, furniture hardware & accessories
Bar mops, dish cloth, duster cloth, floor cleaning cloth, stockinet rolls, face cloth, hand towels, bath towels, beach towels, kitchen towels, tea towels ( stripped, checked, printed, embroidered, jacquard ), waffle weave kitchen towels, glass cloth, herringbone kitchen towels, terry tea towels, mono check tea towels, aprons, pot holders, hot pad, oven mitts, silicon oven mitt, terry oven mitt, pan grabbers, chef hat, caps, socks ( cotton, polyester ), cotton rag rugs & mat, bed sheets, table cloth, napkins, cushion covers, thermal blankets, fleece blankets, mink blankets, floor carpet, cotton bags, tote bags, shopping bags, jute bags, paper / board bags, fruit picking bags, coin bags, cotton webbing tape, cotton/ polyester braided cards, home textiles & made ups, jute webbing, pp webbing, soft plant tie, coconut coir pith / peat.
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)
