China Light Industry Information Center, China Plastics Processing Industry Association, the Dalian Commodity Exchange jointly issued the three units in the recent “China Plastics industry 2009 first half Economy Operation and Market Development Study “(” the Report “), that first half of 2009, China’s plastics industry production and Sell Stabilized stabilized, has been basically out of the downturn is expected in the second half will continue to maintain steady growth trend is expected to achieve 10% growth.

“Report” that the plastics industry this year 1-5 accumulated GDP (current prices) 381.573 billion yuan, the cumulative increase of 7.5%. Situation from the monthly value of the output value maintained a steady growth. Monthly production from the point of view, from January to May, the plastics industry accumulated output 16.0933 million tons, the cumulative increase of 6.23%. In addition to January production below the level a year earlier, the rest of the month, compared with the same period 2007,2008, all showed good growth.

The same time, from January to May this year, the plastics industry sales rate of 97.2% total. Plastics industry sub-sectors of production and marketing nine class interface is better, in addition to plastic leather, Synthetic Leather Manufacturing and Plastic Parts Manufacturing, the other seven types of production and marketing sub-sectors of the cumulative rate of over 97% of which daily sales rate of plastic manufacturing the highest, reaching 97.7%.

According to Customs statistics show that while from January to April this year, China’s plastics industry, foreign trade is still low, but the chain data, March import and export trade from the plastics industry began to rebound, signs of recovery. One in February by seasonal factors and a larger decline in exports, since exports rebound in March, the chain increased 73.57%, 3.27% increase in April, monthly import values appear stabilized stabilized, and showed a slightly increasing trend in the value of imports in March chain increased 22.72%, 15.45% increase in April.

In addition, the “Report” also noted that with the improvement of the domestic economic situation, the plastics industry also picked up the level of benefits. According to monitoring results of some key light industry enterprises that focus on the plastics industry profits from the January level of state more gloomy trend to change for the better. Plastics industry for the second half

trend “report” that since 2009 the State promulgated favorable light industries, implementation of the policy, the development of the plastics industry has played a major role in promoting the plastic industry in the second half is expected to achieve 10% growth .

First, the national policy to give the industry a strong support for the restructuring and revitalization. Especially in the “domestic demand, reviving the economy, industrial restructuring,” the goal of development, the plastics industry is just “to meet the domestic demand-based, export-oriented employment pillar type, services, three rural-based” industries. Therefore will be very obvious benefits.

Second, changes in raw material costs from upstream, although the Oil Prices led to increased manufacturing cost of plastic products, while raising the cost of increased pressure on enterprises, the means, but for the entire plastics industry, which is the effective support price of plastic. And downstream industries to improve digestion has become the direct help of plastic industry. Beverages, Home Appliances , Furniture, agriculture, building materials, packaging, automotive, electronics and other fields of development, effectively digest a variety of plastic products, plastic industry, the most important and stable development assistance.

But the “report” also reminded to be alert to the plastics industry upstream investment is more violent, the formation of over-supply situation of raw materials, so in the chain between the needed coherence to make the industry a long-term steady development.

Moreover, according to statistics Yuyao spot market, the plastic index of the last two months has been high and volatile, while the index of the same plastic warehouse receipts in the trend of high and volatile, visible market more active. Can predict the future short term spot market price of plastic will continue to rise. This also shows that the spot market price of plastic will be recovered shortly.

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