Under the shadow of the global economic depression, the plastics industry is facing a serious shortage of downstream demand and the double attack of the upstream crude oil callback, and the plastics index has been declining all the way!
In the past two months, the biggest problem facing the factory is "worry about orders"! The impact of the post-epidemic time on China's consumer market has become more and more obvious, and overseas orders are highly uncertain, which has seriously hurt market confidence.
Plastic packaging has a long history of development in my country, and a relatively mature industrial chain has now been formed. Specifically, the upstream of plastic packaging is the supply of raw materials, general plastics, plastic additives, and special equipment for plastic processing. Most of the enterprises are plastic product enterprises; the midstream is the manufacturing process of plastic packaging, including plastic barrels, plastic bottles, plastic caps and other plastic products. , as well as the manufacture of amorphous products such as plastic hoses and plastic bags; the downstream is the application field, including beverage manufacturing, food manufacturing, pharmaceutical manufacturing, daily chemical product manufacturing and edible oil manufacturing.
The price of plastic rice, a bulk raw material, has plummeted, causing a greater impact on the entire packaging industry. The current packaging users are generally faced with the dilemma of insufficient domestic orders and foreign trade orders. Enterprises urgently need to reduce costs to obtain a breathing opportunity.
The sharp drop in plastic raw materials, plastic packaging may fall into the price of cabbage, and to a certain extent buffer the impact brought by the ban on plastics and plastics.
As concerns about economic recession are taking shape, the current market orders for plastic materials are declining sharply, and it is difficult for plastics to achieve a big rebound in the short term. The market formed a further blow.