For practitioners in the waste plastic bottle industry, the past few years have been more difficult, and we have repeatedly mentioned this market. The recycling price of plastic bottles has dropped to the point where nobody takes notice. Many plastic bottle recyclers have also turned to other fields.
At that time, in our analysis, the plastic bottle packaging recycling market was difficult to recover in the short term. The decline in the price of crude oil has been very deadly for the impact of recycled plastic bottles. However, things are unpredictable. The market is always changeable. since this year. The environmental protection department has strict supervision over the chemical industry. Some small and medium-sized chemical companies have closed their doors, and the prices of plastic bottles have soared. In this case, the price of plastic bottle secondary materials began to increase.
In the current situation, the recycling of plastic bottles has become increasingly profitable. I believe it is only a matter of time before plastic bottles are warmed up.
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