Tag Archives | China economy

Why China Can Become Major Polypropylene Exporter By 2025

By John Richardson

ONE of the main topics of debate in the global polypropylene (PP) business is whether or not China will become entirely self-sufficient. The pessimists, or rather I would say the realists, go a step further. They believe …

Continue Reading

Asian Polyolefins Markets Still Indicate Economic Slowdown

By John Richardson

ANOTHER week has led to another fall in Asian polyethylene (PE) and polypropylene (PP) prices despite higher naphtha feedstock costs on stronger crude oil.

Pricing has been weak since the Lunar New Year Holidays, (15-21 February). Market …

Continue Reading

Petrochemicals Markets Point To Synchronised Global Downturn

By John Richardson

IF you repeat something enough times, such as the “emperor  is wearing clothes”, lots of people begin to believe it. So is the case with the widespread idea that we are in the midst of an unshakeable …

Continue Reading

China Doubles Down On Pollution Clean-up: Consequences For Chemicals

By John Richardson

ECONOMIC GROWTH for the sake of economic growth was for so many years the No1 priority in China. It is hardly surprising, therefore, that there is a legacy of major environmental problems.

These include some 1.6m premature …

Continue Reading

China Polyethylene: Inland Growth And Internet Sales Versus Threat From Sustainability

By John Richardson

THE ABOVE CHART uses the same approach I used in late February for my post on per capita polypropylene consumption in China. In this case, my focus is on polyethylene (PE):

The latest available IMF data for…

Continue Reading

Evidence Builds Of China Slowdown As Economic Reforms Gather Pace

By John Richardson

THE CHINESE economy remains one of the most overlooked threats to the conventional opinion that we are in the midst of a synchronised global economic recovery.

Sure, some alarm bells rang with last week’s release of China’s …

Continue Reading

China’s Polypropylene Market: The Big Inland Growth Opportunities

By John Richardson

A CONVENTIONAL WAY to assess the pace of polymers demand growth in a developing country is to assume links with historical patterns in developing countries.

How long did it take the US, Western Europe and other developed …

Continue Reading

China’s Polyethylene Market: Three New Scenarios For 2018-2025

By John Richardson

THE above slide underlines the growing complexity surrounding China’s economy, politics, society,  environmental policies and trading relationship with the US. I’ve placed this complexity in the context of the implications for the polyethylene (PE) industry. The above …

Continue Reading