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Approved quantity for import plastic scraps continue to fall in ChinaApproved quantity for import plastic scraps continue to fall in China |
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The Chinese Ministry of Ecology and Environment has announced the approved quantity for the 10thbatch of import plastic scraps of 2018, which continue to fall as the government escalate effort to limit the import of foreign plastic waste.
This might signal the rocky road ahead for the recycling industry in China, though it is positive news for the virgin raw material suppliers. Industry experts are expecting the ban on import plastic scrap could boost demand for virgin grades by 1-2% in China.