The waste plastic have a wide use in a lot of fields. So the demand is large. The import of plastic is more as the oil price’s decline. We know the oil price have much more influence on the price of related products. Of-course, the plastic is one part.
Ministry of Environmental Protection spokesman in Beijing on the 20th Central regeneration, said China imports of waste plastics in 2014 than last year, a significant rebound in the plastic industry summit seminar cooperation and development.
Three quarters of 2014, China imported 39.23 million tons of waste materials (including waste plastics), amounting to 230 billion, a decrease of 4.29 percentage amounted to 6.63 million tons, amounting to $ 4.9 billion, an increase of 19% compared to the same period in 2013. Waste plastics to Hong Kong’s largest source of imports, accounting for 22%, followed by Japan, the United States and Germany. It is estimated that the total imports in 2014 will exceed 2013.
It is said that in 2013 the hedge actions had an impact on the industry. In, 2014 imports of waste plastics business, only 1167, which is less than last year.
The most affected small-scale recyclers that they had a significant negative environmental impact, and most of them have been shut down or upgraded by the government.
It is also said that the ministry had considered decentralization to local, formulate riles on the import of waste products from the provinces. But the plan will be delayed because the State Department and the National President reiterated the need for standardize law.