Shandong Ruifeng Chemical Co.Ltd(300243) said during the institutional research that the price of BDO, the main raw material of PBAT products, has dropped slightly, and the ton price has dropped from more than 30000 to about 27000 yuan, but it is still at a high level. The continuously high raw material prices have a certain adverse impact on the PBAT market. It is a general trend to control plastic pollution, and the use of biodegradable plastics is one of the effective ways to control plastic pollution. Although the market of PBAT is affected by the high price of raw materials, it is an indispensable material in the fields of biodegradable plastic bags, agricultural films and express packaging. In the future, it is expected to develop rapidly with the return of raw material prices to normal and the continuous implementation and promotion of the plastic ban policy.
© China Stock Market News