Entering the traditional peak season | Why is recycled plastics less than in previous years?

Although the recycled plastics industry suffered a sudden change in policy last year, the import source was rejected at the national level, and the country frequently experienced special rectification activities. However, many companies said that they were still making money last year, and this year, business is getting harder and harder. At present, it has arrived in September. After entering the traditional peak season of the industry, the price of recycled materials has not risen as usual in previous years, and the profitability of enterprises has not been broadened. Below, Jinlian created a reason why recycled plastics show a prosperous season. Specific analysis.

The traditional peak season of recycled plastics is not as good as in previous years.

As shown in the figure, this year's recycled plastic offer continued to be in a high level of volatility, even in the traditional peak season, it did not form a rising market as usual. In September 2017, the price of recycled PP white transparent first-class granules was 500 yuan / ton, the increase Up to 7.14%. Throughout the trend of recycled PP this year, the price of white transparent first-class pellets continued to fluctuate at 7300-7900 yuan/ton. Since entering the traditional peak season of Jinjiuyin 10, the recycled PP white transparent first-class pellets closed at 7900 yuan/ton. Compared with the end of August, it only rose by 200 yuan/ton, an increase of only 2.63%. This year's increase was obviously less than last year.

Although the recycled PP pellets rose by RMB 200/ton in September this year, the grain trend is basically in line with the upstream crushed material market. That is to say, while the shipment price of recycled materials rises, the upstream raw material purchase price also rises simultaneously, and will appear in individual time periods. The increase in wool is higher than that of pellets, so even in the peak season, the profit margin is not as good as in previous years.

Just enough need to become the basis of restricting the market

Insufficient demand this year is the fundamental reason for restricting the market. Most of the time, when asked about the supplier's market, it will basically inform the demand. The National Bureau of Statistics data shows that the output of plastic products this year is not as good as in previous years, especially after March. The supply volume has not increased significantly. The amount of plastic products in July this year totaled 5.38 million tons, a decrease of 1.51 million tons compared with the same period of last year, and the reduction rate was as high as 21.97%. Petrochemical inventories were higher than the same period of the previous year, which is also a strong explanation for the lack of demand this year. Weak, directly affect the shipment of new materials and recycled materials.

Environmental protection continues the shortage of supply in all aspects of the high pressure situation

Since the implementation of environmental supervision activities in some domestic markets in 2011, the intensity of supervision has increased over the next few years. Until the mainstream markets have been successively rectified or banned in 2017, the domestic environmental protection high pressure situation has become normalized. First, the domestic operating rate has entered a low-level era for a long time, and the tight supply pattern of recycled plastic pellets is difficult to reverse in the short term.

Subsequently, the import of waste plastics from household sources will be banned, and then the industrial source categories will become history at the end of this year. After the domestic market loses nearly 8 million tons of waste plastics per year, the supply of domestic recycled materials is more and more popular. After that, wool, granules, etc. all showed different degrees of rising prices.

In addition, in the context of advocating green production, environmental impact assessment, factory legalization, environmental protection equipment, etc. have stumped large-scale small and medium-sized enterprises. In addition, under the trend of environmental protection and high pressure, the supply chain of the entire industry chain is difficult to change, the purchase price of raw materials Rising, environmental protection production costs increased. But the domestic just need to be weak and difficult to change, the recycled plastics industry will fall into a long-term stalemate.

2016 GoodChinaBrand | ICP: 12011751 | China Exports