Tag Archives | China auto sales

The Future For China Auto Sales

By John Richardson

The distance from end-use markets didn’t matter for chemicals and polymers producers during the 2008-2013 credit surge in China because, as we said yesterday, demand was so good that few people were willing to ask too many …

Continue Reading

China’s Post-New Year Credit Squeeze

In the first of a series of special posts on how China’s lending environment is set to change, we focus on the murky world of shadow banking.

We will return to shadow banking, and to other “grey” areas of financing, …

Continue Reading
economist-world-auto-sales-graph.bmp

China’s Butadiene Gamble

Source of graph: http://www.economist.com/

 

By John Richardson

AN assumption is that China’s auto ownership will continue to rapidly expand and that, therefore, there will be a big need for substantial domestic expansions of butadiene and synthetic rubber capacity to make …

Continue Reading

China Auto Sales Point To Long-term Shift

By John Richardson

The impact of Chinese government policy adjustments on petrochemicals demand was further highlighted late last week, when auto-sales figures for January-February were released.

Sales declined by 4.4 percent, the worst two-month start for the industry in seven …

Continue Reading

Middle East Still Confident For Now

By John Richardson

Confidence among Middle Eastern petrochemical producers remains high because they obviously now that as long as oil prices do not collapse they will continue to make excellent money, said a chemicals analyst.

The blog believes that there …

Continue Reading

Why China PE Demand Will Not Grow In 2011

By John Richardson

THE blog hears that some industry observers are persisting with the Supercycle theory for petrochemicals based on “decoupling” – i.e. emerging markets will compensate for any new recessions in the West.

We find this baffling as evidence …

Continue Reading

China Auto Market Provides Clear Evidence

By John Richardson

DESTOCKING is obviously not the main driver of the decline in China’s polyolefins market, despite what a dwindling band of optimists are still arguing.

The glaringly transparent reason for the fallacy of the fading belief is a …

Continue Reading

Correction On China Economy Piece

I thought I would publish Michael Pettis’s reply to my piece yesterday here rather than approve as a comment:

Good piece but one correction.

I don’t think 8-9% growth this year and next is impossible. On the contrary, I think …

Continue Reading
hu.jpg

Falling China license plates a lead indicator?

Source of picture: Chinaenvironmentallaw.com

Talk around the water-cooler in Shanghai offices at the moment is the fall in the cost of a car-license plate in September to a lowest bid of Yuan 27,000 ($3,953) from around Yuan 36,000 in August.…

Continue Reading