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SPI Study: US Plastics Industry Maintains Trade Surplus

from Plastics News

The U.S. plastics industry remains one of the few manufacturing sectors with a trade surplus, according to the latest edition of an annual report from the Society of the Plastics Industry Inc. SPI officials said the report — which analyzes trade data from 2015 – "paints a complex, but ultimately positive and promising, portrait of the U.S. plastics industry." The industry's trade surplus fell 32 percent to $7.1 billion in 2015, largely because of lower selling prices for plastic resin. As in previous years, all of the industry's surplus comes from resin, with trade deficits continuing in plastic products, molds and machinery. more

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