Domestic resin market is growing


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Port congestion, shipping costs, and equipment shortages have held back the U.S. resin industry from broadening overseas. While carriers prioritize getting empty containers returned to Asia, resin shippers are struggling with obtaining export reservations. However, with resin being a hot commodity, falling domestic prices are attractive to an international market. As operational issues in the ports begin to subside, it’s likely that the domestic resin market will begin to grow at a rapid pace.

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