According to the latest data, the prices of plastic products experienced a general decline this week. Polyester chips closed at 8,925 yuan/ton, marking a significant drop of 125 yuan/ton compared to last week. Polyethylene prices ended the week at $1,680/ton, down by $40/ton from the previous week. Polypropylene also saw a slight decrease, closing at $1,505/ton, a reduction of $15/ton. Meanwhile, another type of plastic product closed at $1,800/ton, down by $15/ton from the prior week.
Plastic has been widely adopted since its invention, revolutionizing industries and daily life. However, as environmental awareness grows, the development of traditional plastics has faced challenges. In food packaging, concerns about "plastic" have led to increased demand for eco-friendly alternatives. Companies are now focusing on developing safer and more sustainable materials to protect both human health and the environment.
Many countries, including China, have introduced stricter regulations on plastic packaging. Chinese laws clearly state that recycled plastics cannot be used in the production of utensils, containers, or food packaging materials. Additionally, all food-grade plastic products must be clearly labeled with the word "food," along with a QS logo and number, ensuring transparency and safety for consumers.
In the plastic packaging industry, film packaging remains the largest segment, accounting for nearly half of total production. The rapid growth of woven and hollow containers is also notable, driven by rising domestic demand and increased investment in infrastructure. Agricultural development, the growing need for agricultural chemicals, and improving living standards have all contributed to higher demand for food and beverage packaging, particularly for dairy products.
As an essential part of food safety, plastic packaging plays a critical role in protecting the quality and integrity of food products. The safety of raw materials, additives, and manufacturing processes directly influences the final product's quality, which in turn affects public health. As a result, there is increasing pressure on the market to adopt safer and more sustainable packaging solutions.
Currently, most food-grade plastic packaging is made from hydrocarbon-based materials. As long as the use of additives is strictly controlled and regulated, the hygienic properties of these materials can be maintained, ensuring they do not pose a risk to human health. However, the push for more environmentally friendly alternatives continues to gain momentum, reflecting a broader shift toward sustainability in the industry.
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