In 2018, the first batch of recycled PET batch documents publicity, whether batch data, or rivers and lakes rumors, I think this batch of texts to some extent released some important information:
1. PET net imports still need further observation
Although the name of the wastes and the name of the customs code have not changed, we can understand from the previous regulations on sources of industrial resources and living sources and according to the communication with the two companies that obtained the approval documents, Recycled PET from waste and living sources is not allowed to be imported.
On the market rumors of 'clean net' can still be imported, still need further observation, industry associations are also working hard for it.
December 10, 2017, China Synthetic Resin Supply and Marketing Association in collaboration with China Chemical Fiber Industry Association, to the Ministry of Environment Soil Management Division, National Development and Reform Commission, Environment and Resources Division, Ministry of Industry and Information Materials Department, Ministry of Energy Saving and Comprehensive Utilization Division, the General Administration of Customs Supervision Division and AQSIQ Supervision Department, submitted "on the net of high purity recycled PET net as ordinary goods import petition report", through the five parties requested instructions from the relevant departments, looking forward to change.
2. The original volume of imports of solid waste decreased substantially the foregone conclusion
Based on the data of previous years and the policy of solid waste import from 2017 onwards, the drastic reduction in the approval volume of this batch of approvals is an unexpected matter.
From the number of approvals, we can easily see that as a direct and controllable measure by the MEP, strictly controlling the quantity of approvals can easily achieve the spirit and goal of the '418' meeting, so that as long as the MEP The approval of a substantial reduction in the number, and then tangle what kind of product can be imported on the meaningless.
3. Post approval may be increased?
As mentioned above, judging from the current situation of communication between the author and most of the enterprises, the regulatory authorities in some regions and regions are still at the stage of self-examination, resulting in the application materials of enterprises still staying at the municipal and provincial levels.
Late with more application materials submitted, the relevant policies to further clarify, the late approval of enterprises and filings may increase.
However, as pointed out in the previous two points, the major policy direction this year will surely be the strong regulation and control of imports of solid waste. Therefore, even if the amount of approval increases in the latter part of the year, it will not be too optimistic.
4. 2018 PET imports will be how much?
This is a lot of people on the market today is a very concerned about the data, to be honest because of the policy issues involved, it is very difficult to determine the specific figures.If you still only according to the import of industrial renewable PET, and the amount of renewable industrial PET , Is more optimistic to estimate the PET imports this year at 300,000 tons.
However, since some enterprises have started to invest in the production of recycled PET pelleting equipment abroad, the import volume of recycled PET pellets may increase in the future if there are not too many policy changes to make up for the import loss of imported pure regenerated PET flake pellets.
After the first batch of import approval was publicized, there were explanations of the reasons for the drastic reduction in the number of public announcements. CCF gave their views on the reduction of PET import approval.
Reason 1: Tightening policy, strictly from the tight reduction of examination and approval.
The MEP has repeatedly stressed at the meeting that it is necessary to strictly and urgently reduce and approve the import permit for solid waste by 2018. The pressing task now is to sharply reduce the volume of imports and strive to surpass the targets and tasks set forth in the "Implementation Plan."
Therefore, in addition to stipulating the import analogies of imported solid waste on the policy, the MEP's most accurate and effective method for controlling imports of solid waste is to control the quantity of approvals, which is not surprising.
Reason 2: Application documents are not submitted in some areas.
Since 2018 is the first year after the policy change and policy changes have been extremely volatile, the government's supervision of environmental protection is also very strict.
According to the author from the enterprise to understand that although some parts of the enterprise accepted the approval, but still in the self-trial stage, to be examined and dealt with after the clearance, the relevant information and then submitted to the higher authorities.
Some analysts also believe that due to the large changes this time, it is not ruled out in some areas after waiting and observing the policy for further clarification and other experiences before making a decision.
Reason 3: The number of applicants is reduced.
Some enterprises were detected in the inspection of solid waste import enterprises in July. The examination and approval of approvals was affected. Some enterprises even did not have any hope of obtaining approval and directly waived the application.
In July, a total of 1,792 enterprises were inspected, and 1,074 enterprises put forward proposals on handling penalties, accounting for 60% of the total number of enterprises examined. Among them, there were 62 remanufactured chemical fiber-related enterprises in existence, as well as Guangdong, Shanghai and other places Fewer traders have also been identified as problems.
The new policy requires that solid waste importers and processing and utilizing units be only one and the same, resulting in a decrease in the number of applicants.
In any case, the reforming polyester industry has come, the future of the industry will face great adjustments and changes, so many companies are very pessimistic about the future.
However, I would like to use one sentence to express my views on the future market. "There is no bankrupt industry, only bankrupt enterprises." The industry in the future will be rebalanced through the market's own regulatory functions. The industry still has some prospects but only in this process , Enterprises should do well is how to adapt to the rebalancing process.