Industrial waste plastics are banned from import at the end of the year. The latest 11th batch of restricted import declarations do not contain pet waste and scrap. Subsequent imports of debris will be very limited, and on the contrary, the import volume of recycled pellets will continue to rise. We briefly analyze the number of imports from the first quarter.
From January to March 2018, pet waste scraps and scraps totaled 3353.44 tons, a year-on-year decrease of 99.53%. Import Customs has shrunk from the previous 15 to 4, in accordance with the import volume, Ningbo Customs, Tianjin Customs, Shanghai Customs and Nanjing Customs. The number of importing countries has dropped from the previous 100 to 13, with Japan, the United States, Malaysia, the Philippines and Thailand ranking the top five.
Industrial waste plastics are banned from import at the end of the year. The latest 11th batch of restricted import declarations do not contain pet waste and scrap. That is to say, after the import of a small amount of industrial waste pet scraps and scraps this year, imports will be completely banned in 2019. Then the import of recycled pet can only have recycled particles.
Other primary shapes of polyethylene terephthalate comprise virgin polyester chips and recycled polyester granules. From January to March 2018, imports of other primary forms of polyethylene terephthalate imported a total of 75,100 tons, an increase of 75.14%.
In the first quarter, imports of other primary forms of polyethylene terephthalate increased sharply year-on-year, while the average import price fell by double digits every month, which was related to the increase in the number of recycled pellets. After the ban, some domestic and foreign bottle manufacturers switched to Southeast Asia, relying on local low-cost raw materials to produce recycled granules, and exported to China. It is reported that the previous customs strictly checked the quality of imported pellets, which is especially strict for the supply from Southeast Asia. Due to the tight supply of recycled pets, it is an inevitable choice to adjust the raw material ratio by using particles for partially recycled fiber and two-dimensional hollow manufacturers.
On the whole, the import of pet waste and scrap will be closed by the end of 2018, while the import of recycled pellets will continue to increase, but the quality and application restrictions are difficult to blow.
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