The hottest four factors affecting the price trend

Four factors affecting the trend of plastic prices in the future

release date: Source: China Plastics editor: Yu Jia browsing times: 3677 copyright and disclaimer

core tip: the "2017 9th Zhejiang plastics Summit Forum", CO sponsored by Zhejiang merchants futures and supported by big merchants, was held in Huzhou from December 8 to 9. Participants discussed the supply and demand situation and price trend of the plastic market

[China Packaging News] the "2017 9th Zhejiang plastics Summit Forum", CO sponsored by Zhejiang merchants futures and supported by major merchants, was held in Huzhou from December 8 to 9. Participants discussed the supply and demand situation and price trend of the plastic market

talking about the price trend of the plastic market this year, market participants said that the main tone of the domestic plastic market in the first half of 2017 was mainly down, and the second half was mainly up. Due to the over optimistic expectations of downstream factories and manufacturers on plastic prices in the fourth quarter of last year, the inventory of plastic products increased sharply, which led to the phenomenon of weak demand in the first half of this year, which was supposed to be the peak season, leading to the continuous downward shift of the focus of plastic prices. In the second half of the year, the news of the domestic ban on the import of waste plastics continued to ferment, causing downstream factories and manufacturers to predict that the price will rise with the arrival of the peak processing season, causing the price to rise to a high level in July and August

the supply side reform in the past two years has supported the strong price of related bulk commodities. Weidplas chose the rotating template technology to rise, but market participants believed that this impact would slowly disappear in 2018. This person believes that the probability of moderate growth and inflation of the global economy in 2018 is high, and at the same time, the monetary policies of the central banks of the world's major economies have gradually shifted (contracted). In this context, the global commodity probability will maintain an oscillating trend. In the absence of directional guidance from other commodities, the domestic plastic market will walk out of the price curve with its own supply and demand logic in 2018

in Zhan Shihua's view, there are four main factors that will affect the trend of plastic prices in the future: first, the strengthening of financial supervision and the launching of environmental protection supervision, small and medium-sized plastic enterprises are facing severe tests, while for large plastic enterprises, it is a new development opportunity; Second, the development potential of China's plastic extruder industry is huge, which is the reduction of supply side capacity, resulting in tight supply, or the price of plastic will have more room to rise; Third, the trend of RMB exchange rate also directly affects the profit level of plastic enterprises; Fourth, the price of bulk raw materials began to rise, and the price of crude oil showed a trend of slow rise

Zhang Xinya, deputy general manager of Donghua Energy Co., Ltd., believes that under the background of relatively stable domestic macro policies and weak new policy drivers, the macro impact on the plastic industry is relatively limited. It is expected that the crude oil price will remain at $55-65/barrel in 2018, the rise and fall of PP will be relatively limited, oscillate between import and export windows, and the plastic price will tend to stabilize

huangquanming, President of Zhejiang Plastic City trading market, said at the meeting that at this stage, the ban on recycling will have a certain impact on the plastic price next year. In the case that the future demand growth is not obvious, the enforcement of environmental protection will have a greater impact on the price of plastics

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