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View all search resultsPlastic producers say the pressure is most acute upstream, where tight raw material supply and surging prices are driving up costs, forcing manufacturers to absorb them while trying to keep production running.
The Industrial Confidence Index (IKI), a monthly gauge of factory activity published by on Wednesday, came in at 51.75 last month, easing from March’s 51.86 but still above the 50 threshold that separates expansion from contraction.
In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers calibrated its cameras, typical of the incremental automation being adopted even across smaller factories in the world's manufacturing powerhouse.
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