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Where is the waste plastics industry going in 2019

In 2018, the waste plastics market was so hot that the upstream raw materials were affected by the foreign garbage ban, the market resources were reduced, and the downstream plastic pellet processing plants were shut down due to environmental monitoring. At the end of the year, the domestic environmental protection policy has not only been slackened, but has become increasingly strict.
Recently, environmental protection inspections have been frequent and the intensity of attacks has increased. From the end of October to the beginning of November, a number of plastic pellet processing plants were ordered to stop water, power off, and shut down. On November 15, 113 waste plastics factories in Dali Town were shut down due to lack of license. On the morning of the same day, 18 waste plastic recycling enterprises in Shishan Town were forcibly cleaned up, and a batch of waste plastic products and three illegal vehicles were detained. On November 2nd, three plastic pellet manufacturing plants in Rui'an were forced to power off and destroy equipment due to environmental pollution. On October 26th, the Cangnan area launched the "15th Five-Year" crackdown, banned seven waste plastics to break up the washing dens, and deducted all illegal materials. On October 29, the Cangnan area again banned two illegal granulation sites and one illegal cleaning site, and smashed its production sites and production equipment.
As early as April 13 this year, the Ministry of Ecology and Environment, the Ministry of Commerce, the Development and Reform Commission, and the General Administration of Customs jointly issued a notice on the adjustment of the Catalogue of Imported Waste Management. According to the announcement, the Catalogue of Imported Waste Management will be batched. Adjustments: First, 16 kinds of solid wastes such as scrap metal, waste ship, scrap car scrap, smelting slag, industrial waste plastics, etc. are adjusted to be banned from import, and will be implemented from December 31, 2018; 16 kinds of solid wastes such as materials, titanium waste materials and wood waste materials were adjusted to be banned from import, and will be implemented from December 31, 2019.
The Ministry of Ecology and Environment, the Ministry of Commerce, the Development and Reform Commission, and the General Administration of Customs have adjusted the foreign garbage ban, adding 32 kinds of solid waste, including 5 types of waste plastics.
It can be seen from the above that in 2019, the upstream source of the waste plastics market was cut, and the downstream source needed to be rectified. In this stage of capacity reduction, the market of plastic recycled pellets will continue to be affected by supply and demand. At the end of this year, the small-scale waste plastics manufacturing industry will face a new round of reshuffle, and the plastics recycling industry will experience a cold winter. How should the waste plastics industry develop in 2019? The industry believes that the recent Sino-US trade war tends to ease or will bring new opportunities to the plastics industry. Others believe that the current waste plastics recycling industry lacks a complete recycling system, and the recycling system is the key. In a word, whether the waste plastics recycling industry can rise still needs to pay attention to the country's macro policy and the development process of the plastic recycling system.
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