Thursday, October 11, 2007

China becomes world's largest PP Importing Country

China has become the largest polypropylene net import country in the world as per a report by Research and Markets. Yet, due to the rapid growth in domestic output, the import dependence degree has been declining on the whole, from 49.2% in 1995 to 34.6% in 2006. Currently, an annual demand gap of 3 million tons of polypropylene still exists in China.

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