January - October plastic products industry pressure forward!

From January to October 2022, the cumulative output of plastic products in China decreased slightly year-on-year, the same as the decline in the first three quarters.

At present, the plastic products industry is still under obvious pressure. The spread of COVID-19 in many places and the high cost limit the release of production capacity, and the contraction of domestic demand and the lack of supply willingness drive the upstream raw material prices down, but the industry profits have not improved significantly.

Jiangsu Pulaike Hongmei Masterbatch  Co., Ltd. founded in 1990, is one of the leading enterprises engaged in the research and development, production, sales and service of polymer composite coloring materials in China. It is one of the largest polyolefin masterbatch manufacturers in East China.