1. Supply and demand of China’s HDPE market in 2018
In 2018, the total consumption of HDPE in China was 134.283 million tons, accounting for 44.57% of the total domestic consumption of PE. From the overall distribution of domestic supply and demand, East, North and South China were the main consumption areas of HDPE, while Northeast, Northwest and South China were the main production areas, so the allocation and sales of goods in Northwest and Northeast China were larger. With the development of national policy orientation (urbanization construction, coal to gas, ban on waste, etc.) and medicine, logistics and other industries, domestic demand for HDPE is growing rapidly, and there are large gaps in HDPE film, pipe, hollow and injection moulding. Domestic HDPE output, import and apparent consumption increase year by year.
| Sodium Molybdate |
II. China’s HDPE Consumption Proportion in 2018
In recent years, the downstream consumption of film and sheet materials, injection moulding, pipes and fittings has increased. In the field of film, the vigorous development of e-commerce in recent years has led to the leap-forward growth of express delivery business. People’s daily shopping in e-commerce has gradually changed from easy-to-pack and transport-resistant products (such as clothing, books, etc.) to diversified purchases (such as fragile goods, fresh goods, etc.). The rapid development of express delivery industry promotes the demand of packaging industry and drives the demand of film and sheet materials. With the development of the Internet in China, the With the increasing penetration of e-commerce and Internet and the upgrading of consumption level, there is still room for a substantial increase in the total demand of packaging industry. In the field of injection moulding, with the improvement of residents’consumption level and diversification of demand in recent years, as well as the liberalization of the second child policy and the continuous expansion of population base, people’s demand for daily necessities has been promoted, and the demand for injection moulding has also increased. With the development of urbanization in our country, the demand for PE pipes keeps growing. In recent years, the popularity of heating pipes in residential buildings in northern China, and the promotion and implementation of the policy of “coal to gas” in recent years have greatly promoted the demand for PE pipes, and the demand for pipes has increased significantly.
| Benzalkonium chloride |
III. Output of Plastic Products in 2017-2019
From January to February 2019, the output of plastic products decreased significantly compared with previous years. With the increasing supply and shrinking demand in recent years, the imbalance between supply and demand in polyethylene market has become more and more evident, and the prices of HDPE varieties are constantly at a new low point. All kinds of HDPE prices are unavoidable, and the sales situation is gloomy. Businessmen are not in a good mood, and the market continues to mourn. Therefore, in today’s society with the continuous improvement of economic development and consumption level, market demand shows a more high standard and diversification. Only by further developing high-performance products, can we better occupy the market initiative.
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