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Chinese Recycled PP Market Annual Report 2016

Chinese Recycled PP Market Annual Report 2016

  • March 2017
  • 42 pages
  • ID: 5168538
  • Format: PDF
  • By Sublime China Information

Summary

Table of Contents

Environmental protection inspections were carried out quite frequently in the recycled products industries in 2016. From the beginning of 2016, the government began to carry out environmental protection inspections in the recycled PP industry, pushing many insiders quitting from the industry.

Facing strict environmental protection policies and the structural overcapacity in the virgin PP industry, will the recycled PP industry overcome barriers? How will producers design market positioning? What is the development direction of the recycled PP industry amid the supply-demand imbalance and industrial reconstructing? SCI’s 2016 Recycled PP Market Annual Report will analyze the recycled PP market in order to have an insight into the development trend of the recycled PP industry.

In 2016, the supply volume of imported recycled PP was 872kt or so, that of Chinese-made recycled PP was 3,757.5kt or so, and the total supply volume was 4,597.5kt or so. The apparent consumption volume was 4,610kt or so, and the supply and demand was basically balanced. As for the high-grade white transparent PP granules in Linyi market, the lowest price was RMB 5,800/mt, and the highest price was RMB 7,700/mt in 2016.

According to SCI’s statistics, proportions of the recycled PP capacity in North China, South China, Central China, East China and the rest parts of China (including Northeast China, Northwest China and Southwest China) were 32%, 21%, 17%, 15% and 15% respectively in 2016. Although the price jumped, the actual dealing volume did not increased violently. As for producers, on the one hand, producers maintained the standing material need due to the fluctuated raw material price. On the other hand, producers were struggling to survive as buyers purchased on a need-to basis.

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