Issue 16 - July 2022 The comprehensive operation index of the domestic recycled plastics industry declined

1.
Start of construction:

The average operating rate of the sample enterprises in July was 69%, down 3 percentage points month-on-month and 2.
82 percentage points
year-on-year.
During the month, the start of recycled plastic enterprises declined, on the one hand, high temperature and rainy weather, some enterprises stopped work and waited for production
.
At the same time, the price of raw materials continues to fall, suppressing the willingness of recycled plastic enterprises to
process.
In addition, the terminal factory orders are insufficient, and most recycled plastic products are more obvious
in the off-season.
Overall starts have declined
.

2.
Raw material inventory:

Raw material inventories fell, with the inventory of sample companies falling by 4.
4%.

Insufficient terminal orders, superimposed raw material prices continue to decline, recycled plastics companies are not willing to stock up, and actively reduce warehouses or reduce purchases
.
Approaching the end of the month, with the increase in the supply of some waste plastics and the relatively low price, some companies slightly replenished their positions, but throughout the month, the month-on-month continued to decline
.

3.
Order:

In terms of orders, due to the traditional off-season and the overall decline in commodity prices, macro expectations are slightly weaker, and most recycled plastic processing enterprises continue to decline in orders, and the year-on-year decline in undelivered orders is relatively obvious
.

The average value of China's recycled plastic pellet price index in July was 829.
3 points