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Myanmar’s plastic makers in conflict with imported goods
Northern Myanmar’s plastic production businesses are facing heightened competition from their international counterparts, as imported products made from nylon or recycled plastics are generally cheaper and readily available to local consumers. Local producers say they are unable to scale products accordingly to meet demand and instead locally made products are “forced” to be sold at higher prices due to higher costs of raw materials and logistics.
Ko Hlaing Aung from plastic production business Mandalay Gold Star has admitted that local manufacturers are at a loss because they use virgin, expensive raw materials that are usually sourced from abroad for their end products.
The President of Myanmar’s Plastic Industry Association (MPIA), U Tun, also explained that local manufacturers use raw materials from the US or Japan since these can also be recycled to make near-new products.
Currently, negotiations are being undertaken with the Commerce Department to produce imported goods locally as a solution to ward off overseas competition, said the report in the Myanmar Times.
Furthermore, an Upper Myanmar Plastic Industries Association might be formed soon to better meet the needs of almost 6,000 local plastic businesses in the country.
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