China's Jiuzhi Plastics Network talks about plastic materials companies that say the market is sluggish

2014 is a tough year, as some exhibitors at the 9th China International Flame Retardant Materials Technology Exhibition held in Shanghai last week said. Yu Fei, a sales representative of Jiangsu Yake Technology Co., Ltd., said that the overall economy is not as good as before, so it has affected many industries. The company produces flame retardant TCPP for the production of flame-retardant polyurethane materials, including exterior wall insulation. He said that the industry in which the company is located this year has generally lowered the price by 3-5 percentage points. “The economy is not good, we can only cut prices. If the trend of recession continues until next year, some companies may have to close down.”

Another company that produces nylon, polycarbonate, PBT, polypropylene and PET for the tools, electrical equipment, furniture and automotive industries said sales this year were down 20-30% compared to last year. "We must consider how to reduce further costs."

But the market is not bleak, and some businesses have maintained growth.

China Jiuzhi Plastics Network

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