In 2017, the total output of China's plastic products was 75.155 million tons.

In 2017, the added value of China's industrial enterprises above designated size increased by 6.6% over the previous year.

Trends in the export value of China's plastic products from January to December 2017

Production situation

In December, 331 of the 596 products increased year-on-year.

According to the statistics, the output of China's plastic products in 2017 was 75.155 million tons, up 3.4% year-on-year; the output in December was 7.067 million tons, up 2.2% year-on-year.

In 2017, the output of plastics in the primary form was 83.778 million tons, up 4.5% year-on-year; the output in December was 7.522 million tons, up 3.6% year-on-year.

In 2017, the output of synthetic rubber was 5.787 million tons, up 4.0% year-on-year; the output in December was 528,000 tons, up 8.4% year-on-year.

Exports of plastic products exported in December were 27.1 billion yuan, and exports were most cost-effective in November-January and March-May.

In 2017, China exported 11.68 million tons of plastic products, an increase of 12.2% year-on-year; the export value was 262.79 billion yuan, an increase of 11.6%.

In December, exports were 1.14 million tons, up 14% year-on-year; the export value was 27.1 billion yuan, up 5.3% year-on-year.

Looking back at historical data, it is found that the export price of plastic products is the highest from November to January and March to May, and the export price is relatively low in February and June to August. Export enterprises can rationally plan their export shares and obtain the maximum benefits according to the law of price fluctuations.

In December, imported plastics with a primary shape of 30.47 billion yuan, which was more cost-effective at the beginning of the year.

In 2017, China imported 28.68 million tons of primary-shaped plastics, up 11.5% year-on-year; the import value was 328.41 billion yuan, up 20.1% year-on-year.

In December, imports were 2.63 million tons, a slight decrease of 0.38% year-on-year; the import value was 30.47 billion yuan, a year-on-year increase of 4.0%.

With the introduction of environmental taxes in all provinces and cities in China starting from January 1, 2018, and the significant decline in the approval of waste plastics imports this year, it is expected that the import of plastics in the primary shape will increase significantly this year, and the unit price increase will exceed 2017. After a long time of rebalancing, the import unit price will fall back.