“One Belt and One Road” provides a new direction for the development of the plastics industry. At present, the operating rate of downstream agricultural film has reached 68%. Although it has declined, it has a relatively large scale and has a relatively stable demand. On the supply side, the operating rate of PE devices has decreased recently, and there are new repairs in the near future. The supply will have an impact. Recently, the plastics price has fallen sharply and has reached the support of the cost range. Under the multi-factor resonance, the plastic futures price will start a wave of rising prices in the near future.
China has now become the world's number one plastics industry, but the plastics industry still faces various challenges. International trade disputes have intensified, and trade disputes between China and the United States and between the United States and Europe have caused heavy losses in the plastics industry. The domestic economic environment is sluggish, and the plastics industry is also one of China's important export industries, and the “Belt and Road” has undoubtedly provided a new direction for the development of the plastics industry. The “Belt and Road” initiative involves dozens of countries and regions. The energy supply, international trade, financial support and stimulation of new economic growth points will drive China's terminal demand. The data shows that the economic development of Southeast Asian countries along the “Belt and Road” is relatively backward.
According to incomplete understanding, the labor cost of the waste plastics industry in Indonesia is 300 US dollars, the labor cost in Vietnam is about 250 US dollars, the labor cost in Cambodia is about 100 US dollars, and the labor cost in China's Pearl River Delta region is 600-650 US dollars. According to customs statistics, in 2016, the export market of polyolefin products in China was mainly in Southeast Asia such as Malaysia and Vietnam, followed by North Korea and South Korea. China's polyolefin products can be exported to Southeast Asia in large quantities due to low domestic raw material prices, and the formation of price differential arbitrage with major exporting regions, which is convenient for domestic exporters to operate. It is believed that this advantage will continue to be released during the “Belt and Road” journey.
The current downstream agricultural film operating rate has reached 68%, which is at a very high value. Judging from the starting rhythm of previous years, the agricultural film has obvious differences in the peak season. Generally speaking, after entering November, the operating rate will start to decline. However, the demand for agricultural plastic film production in China is huge, with the first output and the first coverage area, roughly 1.6 times the sum of the rest of the world. According to incomplete statistics, at present, there are nearly 1,000 agricultural film production enterprises in the whole industry, with a production capacity of over 2 million tons, of which about 60 enterprises with annual production capacity of over 10,000 tons and about 30 large-scale backbone enterprises have production capacity and annual output. It accounts for 60% of the national total. The annual consumption of greenhouse film has reached 700,000 tons, covering an area of 50 million mu; the annual sales volume of plastic film is about 450,000 tons, covering an area of more than 220 million mu; the actual consumption of agricultural film has exceeded 1.2 million tons.
Jiangsu Hongmei Masterbatch Co., Ltd. is located in Changzhou National High-tech Development Zone. It is an early enterprise engaged in R&D, production, sales and service of plastic masterbatch.
Jiangsu Hongmei Masterbatch Co., Ltd. has strong technical force and independent research and development of product technology. At the same time, it has established a cooperative relationship with many universities and colleges. It has a number of high-tech products and more than 30 utility model patents in Jiangsu Province. 4 invention patents (declaration).
