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According to statistics, as of October 2020, China's polyethylene imports reached 15.
4586 million tons
.
As of October 2020, China's polyethylene imports reached 15.
4586 million tons, a year-on-year increase of 12.
98%
.
Statistics show that the import dependence has remained above 41% from 2016 to 2020, and the import dependence has shown an upward trend and stabilized at a relatively high level in the past five years
.
In the long run, the growth rate of new foreign investment equipment is expected to slow down, while domestic equipment continues to be put into operation.
At the same time, the intensified competition in the industry will bring about product structure reform and improve the competitiveness of domestic polyethylene products; on the other hand, under the background of domestic process technology reform, light The recovery and processing of hydrocarbon raw materials and by-products has greatly improved the ethylene yield of domestic refining and chemical enterprises, thereby reducing domestic polyethylene production costs
.
