Influence of “One Helmet and One Belt” Policy on the PC Market
In recent years, the requirements for helmets for electric bicycles in various regions in China are gradually strict. The “One Helmet and One Belt” starting in April 2020 will quickly complete the helmet equipment, which will bring about a short-term rapid increase in the demand for plastic materials. The service life of motorcycle helmet is about 3-5 years, and this will drive up the demand for PC. At present, the material of helmets is usually PC, ABS, PC/ABS alloy, etc. According to preliminary statistics, the social ownership of electric vehicles exceeded 250 million. The material of helmet and google is mainly PC. It is estimated that the demand for PC will be about 68.3kt. Overall, this news will stimulate the PC market, driving up the PC prices.
The requirements for helmets in different regions are different in recent years. The implementation of the “one helmet and one belt” will complement the regional short board and stimulate the rigid demand.
From May 16, the prices of some China’s PC grades increased again. Besides, market players mainly held positive wait-and-see sentiment attitude to the market.
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