Issue 14 - June 2021 Recycled plastics industry Composite operating index and pellet price index both decreased

1.
Start construction

The average operating rate of the sample enterprises in June was 78.
18%, a slight increase of 1.
06 percentage points from the previous month and 8.
49 percentage points
year-on-year.
Among them, the average operating rate of large enterprises was 85%, down 1 percentage point; Medium-sized enterprises started 74%, down 0.
5 percentage points; small and micro enterprises started an average of 70%, an increase of 4 percentage points
.
From the starting data of sample enterprises, due to the continuous decline in the price of virgin plastics in June, the price of recycled high-quality pellets had a great impact, resulting in a decline in the production enthusiasm of some large processing enterprises, and the consumption of finished product inventory (recycled pellets) was the mainstay; Small and micro enterprises benefited from low prices and relatively flexible starts, and some enterprises started slightly higher
.

2.
Raw material inventory

Raw material inventories decreased by 5.
4%
month-on-month.
In June, the supply of waste plastics from industrial sources and domestic sources was stable, but the rainy and high temperature weather in some areas affected the primary processing speed of waste plastics from domestic sources; At the same time, the price fluctuation of the virgin plastic market affects the enthusiasm of recycling enterprises to stock up, and the sample enterprises reduce the inventory of granules and the raw materials are mostly used and collected
.

3.
Orders

Affected by power curtailment, environmental protection and other factors in some regions, especially the decline in the price of virgin plastics, the market price of recycled plastics is under pressure, and the overall order level in June continued to decline
month-on-month.

The average price index of recycled plastic pellets in June was 814.
6