Garbage sorting is in full swing, PE domestic demand is limited

From July 1, the "Shanghai Municipal Waste Management Regulations", known as the "strictest garbage classification measure in history", was officially implement.

With the implementation of Shanghai's garbage classification measures, Shanghai's garbage classification has not only become the hottest social topic in local streets and alleys and various forums, but has also become a hot spot for plastics indust.

As we all know, the raw materials of waste bins are mostly PP copolymerization and HDPE injection moldi.

However, the East China plastics industry is full of hope for "policy rescue" and longing for HDPE injection molding, but failed to see the strong rise of .

From the perspective of HDPE injection molding supply, according to statistics, from January to June 2019, the domestic production and import volume of HDPE injection molding increased significantly, and the cumulative supply increased by 28% year-on-year, far exceeding the 15% year-on-year increase in the cumulative supply of .

From the perspective of HDPE injection molding consumption volume, according to statistics, HDPE injection molding consumption accounted for only 7% of the total PE consumption in 201 Assuming that East China plastic products account for the superimposed order growth (45%), its HDPE injection molding consumption The proportion is still less than 4% of the total consumption of .

In addition, "promoting source reduction" is also specifically proposed in the waste management regulatio.

In general, garbage classification has limited promotion of plastic demand, and although it is good for market guidance in the short term, the continuous boost of rigid demand is limited, and it is difficult for products to have a sustained unilateral rise in the mark.