Plastic products have contributed to China's 14 year high trade surplus
oil prices have kept hitting new lows. The market of resin materials is down. Is the price of plastic products also declining
according to today's New York Times article, China's plastic product manufacturers have significantly reduced their prices. It is a device that is easy to block and leak, and most of the benefits of raw material procurement have contributed to consumers. Of course, as an important part of the instrument, tension machine fixtures include both domestic and export markets. The report quoted the comments of Wuxi redhot industries company, a plastic container manufacturer in Wuxi, saying that the domestic market is highly competitive, coupled with long-term overcapacity, product manufacturers strive to compete on price
that is to say, after the price reduction, China's export products have gained a greater share of the global market, while the price of imported raw materials has fallen sharply, so a new high of trade surplus has been formed
there are also indications in the domestic market. Fuzhou Evening News reported on November 27 that many supermarkets and comprehensive stores in Fuzhou have launched promotional activities for plastic products, and the prices of many plastic basins, fresh-keeping boxes and other products are only about two-thirds of the previous prices. The author of the report interviewed the person in charge of a plastic products factory in Fuzhou, who said that the material cost of plastic products is the bulk, accounting for 70% to 85% of the total cost. The labor cost accounts for 5% - 20%, and the cost of design and R & D accounts for 10% - 30%
the plastic industry insiders said that the spot prices of almost all raw materials are falling this year. With the decline of oil price, the purchase cost of plastics fell by 13%. The largest drop in spot price of purified terephthalic acid reached 40%, and the price of polyethylene fell by 17.6%. Under this influence, the total product cost has also been reduced by 5% to 20%
but the price of raw materials is not a key factor in the cost of all plastic products. 2. Transmission system products
according to the report in Shenzhen on November 7, the impact of labor cost on the industry of trying not to change the injection temperature, back pressure, injection cycle and the amount of color masterbatch is far greater than that of raw materials. The rise of labor and the difficulty of recruiting workers have a great impact on the toy industry. The report quoted Xue Xiaowei, the director of GUANCHEN Baode toy factory, as saying that ABS, PVC and other materials have only a percentage point impact on the toy industry
the report also quoted Yang Daoping, the head of Duoyuan plastic products Co., Ltd., saying that the relationship between supply and demand determines the price, which has little to do with the decline of crude oil, and the fluctuation of crude oil will not be directly reflected in the terminal of PVC products. In this regard, I think we need to realize that most of the domestic PVC production capacity depends on coal chemical industry, not crude oil. The long-term overcapacity in the PVC industry has caused a relatively stable price downturn
the company that produces inflatable toys said that from 2008 to 2014, the international market was the worst this year. "Toy enterprises still need to follow the high-end route in order to receive orders from sophisticated customers." I particularly agree with this point. The price reduction of export products cannot alleviate the slowdown of the domestic economy for a long time, and only real upgrading is promising
note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content
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