Important events in the plastics industry in 2018:
1. Since the beginning of 2018, the price of PA has been rising all the time. The main reason is that its raw materials have been monopolized by large companies, and because of the many force majeure factors in the raw material devices of these manufacturers, the price of PA has fluctuated at a high level.
2. The ban on waste plastics reached its climax in 2018. After the implementation of the “prohibition of waste”, the import of waste plastics has changed from more than 7 million tons to 70,000 tons. Therefore, many people who know the law have privately transported wastes that are restricted from importing. Was caught after being discovered.
3, Saudi Basic Industries Corporation, INVISTA and other giant companies fancy China's big market have invested and mergers and acquisitions in 2018, is expected to increase this year.
4. The continuous expansion of PC production capacity in 2018, coupled with the impact of downstream manufacturers on Sino-US trade, led to a sharp fall in market prices. Downstream demand continued to be poor, and the upstream bisphenol A raw material market continued to fall, which was negative for the PC market.
5, automotive plastics is one of the most widely used areas in recent years, but this year's car sales have dropped significantly, resulting in reduced demand for automotive plastics, coupled with rising raw material prices, so automotive plastics have also been greatly affected.
6. Ten years after the “plastic limit order”, the plastic products were not reduced, mainly because the rapid development of the e-commerce take-out industry led to the demand for plastic packaging. To this end, China has formulated new policy documents and proposed policies for plastic products used in different production, living, and consumption situations in different fields and sub-categories according to the principle of “restricting batches, replacing batches, and standardizing batches”. Measures. At the same time, the “environmental tax” policy was implemented on January 1, 2018.
What kind of market will the plastics industry be doing in 2019?
Concerned by oversupply, European and American crude oil futures have continued to rise. As of January 11th, it has been 9 consecutive trading days, the longest continuous gain since January 2010. At the same time, the continued rise of the US stock market also supports the oil market atmosphere.
The crude oil market still has certain restrictions on the price of plastic raw materials. The industry believes that the crude oil market is short-selling in 2019, causing the price of plastic raw materials to be surrounded by bad news, and the price has risen and fallen repeatedly. Recently, the price of polyolefins has been briefly detected, but downstream demand Negative restrictions, plastic raw material prices have not increased sharply, and low-level consolidation may become the mainstream trend in the later period.
From the perspective of chemical industry, China's chemical raw materials and chemical products manufacturing industry increased by 8.6% year-on-year in January-November 2018, compared with a year-on-year increase of 36.7% in January-November 2017. The growth rate is expected to continue in 2018. Situation development.
The macroeconomic situation is also not optimistic. Recently, the World Bank issued a report predicting that the global economic growth rate in 2019 and 2020 is expected to slow down to 2.9% and 2.8% respectively, which is 0.1 percentage points lower than the June 2018 forecast. It is expected that global economic integration will be sluggish or retrogressive, and the global economy may enter a bleak period, which is undoubtedly a heavy blow to the plastic raw materials market. China's plastic products industry is dominated by small and medium-sized enterprises, the economy is sluggish, and plastic products enterprises There are many restrictions on internal funds and external procurement liquidity, the corresponding trade volume will be greatly reduced, downstream demand will be reduced, and the prices of plastic raw materials will be lowered.
China's policy will increase the adjustment of disposable plastic products, and it is expected that the application specifications for plastic products will be issued one after another this year. Under such circumstances, it is undoubtedly a huge loss for some manufacturers of non-degradable plastic products, and the degradable plastics will be in sharp contrast with the development in the future.
In summary, it is expected that the plastics industry in 2019 will not have ups and downs in 2018, but even this can not be relaxed, and industry insiders still have to pay attention to changes in policy and economy. Judging from the market of plastic raw materials, the price of the market price in 2019 may be limited. If there is no other positive factor, the price of plastic raw materials will remain low.
Jiangsu Hongmei Masterbatch Co., Ltd. was established in 2003. The company is located in Changzhou National High-tech Development Zone. It is an enterprise engaged in R&D, production, sales and service of plastic masterbatch earlier.
Hongmei is currently one of the largest polyolefin masterbatch manufacturers in East China. Its business scale ranks among the top in the domestic industry. It is the governing unit of China Dyestuff Industry Association, the deputy director unit of color masterbatch professional committee, China spunbond non-woven Member of the cloth association, member of the China Plastics Processing Association Modified Plastics Professional Committee.
