Tag Archives | China exports

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China PE Recovery Lacks Firm Foundation

By John Richardson

DESPITE a slight pick-up in China’s polyethylene (PE) prices over the last two weeks (see above chart), producers and traders remain gloomy about the immediate outlook.

“What has driven prices up is that new supply hasn’t hit …

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China’s PE Cycle Repeats Itself

By John Richardson

THE above chart shows that China’s polyethylene (PE) demand growth has been well below that of overall GDP for most of the years between 2006 and 2012.

This supports the argument that economic growth has been too …

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China Jan PMIs Tell Different Stories

Source of picture: Imaginechina/Rex Feature

 

By John Richardson

ONE can interpret last week’s release of January purchasing manager’s indices for January just about any way you like.

Thus, Reuters wrote on 2 February: “China’s official PMI released by the …

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China’s Two-Speed Recovery

By John Richardson

CHINA appears to be in the midst of a two-speed recovery as a result of stronger domestic growth, while the export environment remains very bleak.

“Our polyethylene (PE) sales to converters who sell into the domestic market …

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China PE Growth At Only 4%

By John Richardson

CHINA’s polyethylene (PE) demand growth was up just 4% in January-October of this year compared with the same period in 2010, as the chart above from Global Trade Information Services (GTIS) indicates.

And yet in January, many …

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China Lending Declines In October

By John Richardson

POLITICS, politics and politics are three most important factors that need to be evaluated when assessing the direction of China’s economy.

Thus, in the short term it appears that the surge in bank lending from May to September …

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China GDP Growth 4-5% in 2013-2020

Canton Trade Fair. Source of picture: http://www.vatti-china.com/News/83.htm

 

By John Richardson

IT would be nice to believe that the improved mood at this week’s Canton Trade Fair represents a long-term turnaround in China’s economic direction.

This reflects a 9.9% increase …

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A Game Of Two Halves

Source: ICIS

 

By John Richardson

CHINA’S fibre intermediates industry could end of being a game of two halves in 2012, to use an old football (or soccer for the benefit of our America readers) cliché.

The reason is that …

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APIC: A Sense Of Shock

 

By John Richardson

ANOTHER theme that emerged from last week’s Asia Petrochemical Industry Conference (APIC) in Kuala Lumpur, Malaysia, was the shock at the extent of the price declines in the key China market.

In polyolefins, the slump in …

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China’s Inflation Challenge

By John Richardson

In our third post on the context behind last week’s steep fall in polyolefins prices,and the prospects for a recovery, we look at inflation – one of China’s numerous economic challenges…..I

NFLATION remains a major threat in …

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