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China And Starting From Entirely The Wrong Position

By John Richardson

THE majority of  people analysing data on China’s economy are still getting it wrong.

They think that the worst the numbers get, the more likely it is that the government will panic. Predictions are widespread, therefore, of  …

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As China Stays The Course, Plan For Collateral Damage

By John Richardson

LAST week’s $5-15/tonne decline in polyethylene (PE) pricing in China (see the above chart) is partly the result of negative sentiment created by the start-up of new domestic capacities.

In July, Shaanxi Yanchang China Coal Yulin Energy …

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Asia Chemicals Face Another Disorderly Destocking Process

By John Richardson

ASIAN chemicals markets have gone through another sequence of inventory building that will once again be followed by a period of disorderly de-stocking, warns Paul Satchell, UK-based chemicals analyst with investment and investor services firm, Cannacord Genuity.…

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China’s July Lending Underlines The Real Direction

By John Richardson

WHEN there was a big year-on-year surge in China’s lending in June some commentators took this is an indication that Beijing was going soft on its economic reform programme.

Instead it seemed more likely at that time …

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China Polyethylene: Unreal Growth Numbers

By John Richardson

One of the explanations we have heard for the 20% increase in China’s polyethylene (PE) imports in H1 2014 over the same period last year (see the chart below) is, as we discussed last week, a surge …

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China PTA Imports Halve As Exports Surge

By John Richardson

CHINA’S purified terepthalic acid (PTA) imports fell to just 751,000 tonnes in the first half of this year compared with 1.56m tonnes in H1 2013. Meanwhile, exports increased to 232,000 tonnes from  only 27,000 tonnes.

The sad …

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China: The Hammer Falls On BOPP

By John Richardson

Biaxially oriented polypropylene (BOPP) films capacity in China has risen to three times the country’s annual demand,  said a source with a global polyolefins producer.

Watch this space for the actual data as this is still work …

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Demographics And “The Internet Of Things”

A DECADE from now, you might wake up in the morning and:…

Step on scales that quickly shoot data to a service provider that helps you decide how long and hard to exercise on the treadmill that day.
Brush your

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The Philippines: What A Fantastic Opportunity

By John Richardson

The Philippines is in a demographic sweet spot, according to the CIA factbook. In 2013, for instance, 34% of the population was aged between 0-14 and 19.1 was aged between 15-24.

This is potentially fantastic news if …

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China’s Polyethylene Data: Credible Answers Required

By John Richardson

THE extraordinary data on China’s polyethylene (PE)  market will not go away. We need credible answers.

To begin with:…

Imports were up by 20% in H1 2014 compared with the same period last year, according to Global

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