Industry News
-
The Future of Plastic Raw Material Exports: Trends to Watch in 2025
As the global economy continues to evolve, the plastic industry remains a critical component of international trade. Plastic raw materials, such as polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC), are essential for manufacturing a wide range of products, from packaging to automotive parts. By 2025, the export landscape for these materials is expected to undergo significant changes, driven by shifting market demands, environmental regulations, and technological advancements. This article explores the key trends that will shape the plastic raw material export market in 2025. 1. Growing Demand in Emerging Markets One of the most notable trends in 2025 will be the increasing demand for plastic raw materials in emerging markets, particularly in... -
The Current State of Plastic Raw Material Export Trade: Challenges and Opportunities in 2025
The global plastic raw material export market is undergoing significant changes in 2024, shaped by shifting economic dynamics, evolving environmental regulations, and fluctuating demand. As one of the most traded commodities in the world, plastic raw materials such as polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC) are critical to industries ranging from packaging to construction. However, exporters are navigating a complex landscape filled with both challenges and opportunities. Growing Demand in Emerging Markets One of the most significant drivers of the plastic raw material export trade is the rising demand from emerging economies, particularly in Asia. Countries like India, Vietnam, and Indonesia are experiencing rapid industrialization... -
Foreign trade people please check: new regulations in January!
The Customs Tariff Commission of The State Council issued the 2025 Tariff Adjustment Plan. The plan adheres to the general tone of seeking progress while maintaining stability, expands independent and unilateral opening-up in an orderly manner, and adjusts the import tariff rates and tax items of some commodities. After adjustment, China's overall tariff level will remain unchanged at 7.3%. The plan will be implemented from January 1, 2025. In order to serve the development of the industry and scientific and technological progress, in 2025, the national sub-items such as pure electric passenger cars, canned eryngii mushrooms, spodumene, ethane, etc. will be added, and the expression of the names of tax items such as coconut water and made feed additives will be... -
The development trend of plastics industry
In recent years, the Chinese government has introduced a series of policies and measures, such as the Law on the Prevention and Control of Environmental Pollution by Solid Waste and the Law on Promoting Circular Economy, aimed at reducing the consumption of plastic products and strengthening the control of plastic pollution. These policies provide a good policy environment for the development of the plastic products industry, but also increase the environmental pressure on enterprises. With the rapid development of the national economy and the continuous improvement of residents' living standards, consumers have gradually increased their attention to quality, environmental protection and health. Green, environmentally friendly and healthy plastic products are m... -
Polyolefin export Prospects in 2025: Who will lead the incremental frenzy?
The region that will bear the brunt of exports in 2024 is Southeast Asia, so Southeast Asia is prioritized in the 2025 outlook. In the regional export ranking in 2024, the first place of LLDPE, LDPE, primary form PP, and block copolymerization is Southeast Asia, in other words, the primary export destination of 4 of the 6 major categories of polyolefin products is Southeast Asia. Advantages: Southeast Asia is a strip of water with China and has a long history of cooperation. In 1976, ASEAN signed the Treaty of Amity and Cooperation in Southeast Asia to promote permanent peace, friendship and cooperation among the countries in the region, and China formally joined the Treaty on October 8, 2003. Good relations laid the foundation for trade. Second, in Southeast A... -
Sea strategy, the sea map and challenges of China’s plastics industry
Chinese enterprises have experienced several key stages in the process of globalization: from 2001 to 2010, with the accession to the WTO, Chinese enterprises opened a new chapter of internationalization; From 2011 to 2018, Chinese companies accelerated their internationalization through mergers and acquisitions; From 2019 to 2021, Internet companies will start to build networks on a global scale. From 2022 to 2023, smes will begin to use the Internet to expand into international markets. By 2024, globalization has become a trend for Chinese companies. In this process, the internationalization strategy of Chinese enterprises has changed from a simple product export to a comprehensive layout including service export and overseas production capacity construction.... -
Plastics industry in-depth analysis report: Policy system, development trend, opportunities and challenges, major enterprises
Plastic refers to high molecular weight synthetic resin as the main component, adding appropriate additives, processed plastic materials. In daily life, the shadow of plastic can be seen everywhere, as small as plastic cups, plastic crisper boxes, plastic washbasins, plastic chairs and stools, and as large as cars, televisions, refrigerators, washing machines and even airplanes and spaceships, plastic is inseparable. According to the European Plastics Production Association, global plastic production in 2020, 2021 and 2022 will reach 367 million tons, 391 million tons and 400 million tons, respectively. The compound growth rate from 2010 to 2022 is 4.01%, and the growth trend is relatively flat. China's plastics industry started late, after the founding of the ... -
From waste to wealth: Where is the future of plastic products in Africa?
In Africa, plastic products have penetrated into every aspect of people's lives. Plastic tableware, such as bowls, plates, cups, spoons and forks, is widely used in African dining establishments and homes because of its low cost, lightweight and unbreakable properties.Whether in the city or the countryside, plastic tableware plays an important role. In the city, plastic tableware provides convenience for the fast-paced life; In rural areas, its advantages of being difficult to break and low cost are more prominent, and it has become the first choice of many families.In addition to tableware, plastic chairs, plastic buckets, plastic POTS and so on can also be seen everywhere. These plastic products have brought great convenience to the daily life of African peop... -
Sell to China! China may be removed from permanent normal trade relations! EVA is up 400! PE strong turn red! A rebound in general-purpose materials?
The cancellation of China's MFN status by the United States has had a significant negative impact on China's export trade. First, the average tariff rate for Chinese goods entering the US market is expected to rise significantly from the existing 2.2% to more than 60%, which will directly affect the price competitiveness of Chinese exports to the US. It is estimated that about 48% of China's total exports to the United States are already affected by the additional tariffs, and the elimination of MFN status will further expand this proportion. The tariffs applicable to China's exports to the United States will be changed from the first column to the second column, and the tax rates of the top 20 categories of products exported to the United States with the highe... -
Rising oil prices, plastic prices continue to rise?
At present, there are more PP and PE parking and maintenance devices, petrochemical inventory is gradually reduced, and the supply pressure on the site is slowed down. However, in the later period, a number of new devices are added to expand the capacity, the device restarts, and the supply may be significantly increased. There are signs of weakening downstream demand, agricultural film industry orders began to reduce, weak demand, is expected to be the recent PP, PE market shock consolidation. Yesterday, international oil prices rose, as Trump's nomination of Rubio as secretary of state is a positive for oil prices. Rubio has taken a hawkish stance on Iran, and the potential tightening of U.S. sanctions against Iran could reduce global oil supply by 1.3 millio... -
There may be some fluctuations in the supply side, which could potentially disrupt the PP powder market or keep it calm?
In early November, the market short-short game, PP powder market volatility is limited, the overall price is narrow, and the scene trading atmosphere is dull. However, the supply side of the market has changed recently, and the powder in the future market has been calm or broken. Entering November, upstream propylene continued a narrow shock mode, the mainstream fluctuation range of the Shandong market was 6830-7000 yuan/ton, and the cost support of powder was limited. At the beginning of November, PP futures also continued to close and open in a narrow range above 7400 yuan/ton, with little disturbance to the spot market; In the near future, the downstream demand performance is flat, the new single support of enterprises is limited, and the price difference of... -
Global supply and demand growth is weak, and the risk of PVC export trade is increasingGlobal supply and demand growth is weak, and the risk of PVC export trade is increasing
With the growth of global trade frictions and barriers, PVC products are facing the restrictions of anti-dumping, tariff and policy standards in foreign markets, and the impact of fluctuations in shipping costs caused by geographical conflicts. Domestic PVC supply to maintain growth, demand affected by the housing market weak slowdown, PVC domestic self-supply rate reached 109%, foreign trade exports become the main way to digest domestic supply pressure, and the global regional supply and demand imbalance, there are better opportunities for exports, but with the increase in trade barriers, the market is facing challenges. Statistics show that from 2018 to 2023, domestic PVC production maintained a steady growth trend, increasing from 19.02 million tons in 2018...