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China plastics industry faces import reduction and export rise under capacity expansion

Source: Mysteel Aug 13, 2025 17:14
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General Purpose Plastics Capacity Import/Export Industry
China's synthetic resin sector is undergoing a fundamental transformation, with 56.45 million tonnes/year of new production capacity set to come on stream between 2025-2029, driving a 4.96% compound annual growth rate that will cement China's position as the global plastics powerhouse. Domestic self-sufficiency continues to rise, the synthetic resin

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