Tag Archives | China inflation

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China Stimulus Confusion

By John Richardson

THERE was much talk last week about $158bn worth of new infrastructure projects in China that have received fast-track approval from the central government.

But is this just a lot of noise to boost financial and commodity markets? …

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Not “Business As Usual”

 

By John Richardson

THE notion that Asian polyethylene (PE) markets would soon bottom out, which was widely expressed at the Asia Petrochemical Industry Conference (APIC) last month, seems to have been discredited.

There was a slight recovery for the …

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PE Middle East Offers Keep Falling

By John Richardson

POLYOLEFIN markets are not going to bottom out until August-September at the earliest, according to several producers and traders who the blog spoke to yesterday.

And even if prices do eventually stop declining, confidence has all but …

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No Big China Relief

By John Richardson

Wen Jiabao re-emphasised at the weekend that China’s economic policy would be tweaked rather than radically overhauled because inflation, despite declining further in April, remains a major threat.

Anybody hoping for a stimulus package on the scale …

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The Worst Things Get The Better They Are

By John Richardson

THE more that China’s economy weakens, the greater the hope of a recovery in the second half of this year.

This type of thinking was in evidence last week. The release of a raft of disappointing economic …

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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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Asian Polyolefin Prices Tumble

By John Richardson

Asian polyethylene (PE) prices slumped by $90-130/tonne last week on the eurozone crisis, the fall in oil prices and the imminent arrival in China of large volumes of Iranian material, according to ICIS pricing.

A further factor …

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China Economic Optimism

By John RichardsonECONOMISTS think China’s growth has bottomed out, thanks to unexpectedly strong March bank lending.

They also think that interest rates will stay low for a long time, even if rates cannot be cut because of the inflation problem. 

New …

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MEG’s Fading Star

 

By John Richardson

CHINA’S mono-ethylene (MEG) market was supposed to be very strong this year.

But instead, to date we have seen persistently weak market conditions that few people, least of all the traders, seem to have anticipated.

The …

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China And Inflation

By John Richardson

MUCH excitement heralded the announcement that February inflation in China had fallen to a 20-month low of 3.2 percent – well within the government’s annualised target of 4 percent.

This led to the belief that the government would …

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