The plastics industry is changing

At present, the scale of the plastics industry is already very large. China's plastics consumption is the world's first, surpassing the United States, and the sales volume is about 80 million tons. The research and development of low-end and mid-range products is progressing rapidly, accounting for a high proportion, but many rely on imports. "12th Five-Year" period, the industry average growth rate has dropped to below 10%, this rate will continue to decline in the future; profit also fell, by 2014 overall production capacity by 10%, profit margin of only 9.4%. The plastics industry is still actively exporting.
The plastics industry has had a new change in recent years, which is the impact of the coal chemical industry. China's coal chemical enterprises have emerged at this stage for a number of reasons, one is cost reasons, and the other is that China's polyolefin dependence is still high. The coal chemical industry has been affecting the traditional chemical industry over the years. In 2010, the proportion of coal-based polyethylene was 2.8%, and in 2014 this proportion reached 12%.
The trade pattern of the plastics industry is also very serious. From producers to middlemen to downstream companies, these years have been upgraded and even e-commerce platforms, bringing new changes to the entire domestic trade. For example, some coal chemical companies currently sell products online and online auctions. In addition, the import of foreign companies is also changing, and the amount of products in the bonded area is increasing. This shows that domestic imports cannot be completely digested and should be transferred to third parties for digestion, especially in Southeast Asia and Africa. The domestic trade pattern is also undergoing some changes. In the past, it was a traditional sales method, and it is currently doing some medium and long-term futures market transactions.
Jiuzhi Plastics Network


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