Tag Archives | China labour costs

ICIS Launches Asia PP Price Forecasting

By John Richardson

PERHAPS nobody should have been that surprised that China’s polypropylene (PP) market was weak in February and the first half of March.

Here is why:

· China saw its highest-ever monthly level of PP homo-polymer imports in …

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China’s Changing Polyethylene Demand

By John Richardson

ONCE people in the developing world start buying food wrapped in plastic packaging, they rarely switch back to food wrapped in paper, executives in the polyolefins industry keep telling us. They thus talk about a “base load” …

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China To Take A Big Stick To Financial Crisis

By John Richardson

CHINA is facing a financial crisis that could put US sub-prime into the shade.

“Between 2007 and 2012, the ratio of credit to GDP climbed to more than 190%, an increase of 60 percentage points,” said US …

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China Manufacturing Relocation Accelerates

Source of graph: Standard Chartered

 

By John Richardson

WORKING conditions matter as much as higher salaries for China’s emboldened manufacturing workforce, according to this article in the Financial Times.

“As the number of available workers falls, factories struggle not …

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“Flabbergasted” By Weak Demand….

….In A Tale Of Three Markets.

By John Richardson

AS China introduces more measures to clamp down on an overheated property sector and the shadow-banking system, polyethylene (PE) traders regard this latest news cycle as yet another opportunity to go …

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Chemicals Demand Shift Will Not Be Smooth

 

By John Richardson

ADIDAS recently announced that it is to close its only directly-owned sportwear factory in China.

Many other similar factories could shut if Beijing sticks to its 12th Five-Year-Plan (2011-2015) promise to move up the industrial value chain.

The …

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China’s Unreliable GDP Data

 

By John Richardson

THE economic slowdown throughout Asia became more apparent last week with the release of disappointing data, prompting interest rate cuts in China, Vietnam and South Korea.

China’s key polyethylene (PE) market responded as trading volumes fell …

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Cotton In Uncharted Territory

 

 

By John Richardson

POLYESTER producers, and their raw-material suppliers, enjoyed a huge boost to their profitability between October 2008 and March 2011 when cotton prices increased by 468 percent from 40 cents/lb to $2.27/lb.

This led to polyester …

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North America Manufacturing Rebound

 

By John Richardson

THIS fascinating slide from Accenture, in a new study that the consultancy is about to release on the rebound in North American manufacturing competitiveness, quantifies the steep rise in relative labour costs in China between 2001 …

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A Polyolefin Trader’s Perspective

By John Richardson

Word for word, see below what an Asian polyolefins trader told us yesterday:

“This year has been absolutely terrible, the worst I can remember in eight years in this business, and even worse than 2008. There is …

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