What was the percent change in plastic exports from China between 2007 and 2008?
Apparent consumption of ABS plastic in China was 2.15 million tons, 3.08 million tons and 3.27 million tons in 2002, 2005 and 2006 respectively. Moreover, ABS plastic self-sufficiency ratio in China was 35.88% and 39.06% in 2005 and 2006 respectively. In the year of 2007, the apparent consumption of ABS plastic in China rose to 3.91 million tons and ABS plastic self-sufficiency ratio hit 45.27%, however, the market will still rely on import in 2008. In 2007, the overall output percentage of top ten ABS plastic producers in China all together was over 95%. Ningbo LG Yongxing Chemical Co., Ltd is the largest ABS producer with an annual production capacity of 480,000 tons.
