Tag Archives | China plastics industry

China Lending Bubble Adds 4.7m Tonnes To Polyethylene Consumption

By John Richardson

THE IMF produced a very interesting study earlier this month, in which it estimated that if it had not been for China’s giant economic stimulus programme the country’s real GDP growth would have averaged only 5.3% per …

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China Growth Slows On Collapse In Shadow Bank Financing

By John Richardson

YOU should print-off the above chart and stick it on your chemicals company boardroom wall. From fellow blogger Paul Hodges, it shows the collapse in credit issued via China’s shadow banking system.

It is the shadow banking …

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China’s Polypropylene Market Reflects Wider Economic Problems

By John Richardson

WHEN traders acquired big volumes of polypropylene (PP) cargoes to export to China at the end of last year for arrival in Q1, they were confident that the country’s domestic market would easily absorb just about every …

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China Polyolefins: An Outlook For The Rest Of 2017

By John Richardson

AS THE chart above shows, China is suffering from a bout a polyolefins indigestion right now as a result of a sharp rise in both imports and domestic production. This helps to explain the recent falls in …

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China’s PP Import Decline: Did you See This Coming?

By John Richardson

THE smart people in the polypropylene (PP) business will have already adjusted their strategies in response to evidence, from 2009 onwards, that China was very aggressively expanding its PP capacities.

They would have tracked the rapid rate …

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China Jan-Feb Polyethylene Imports Fall 22%

By John Richardson

CHINA’S polyethylene (PE) imports declined again in February, and are down by an average of 22% over both January and February of this year compared with the same period in 2014.

SOME people will tell you that …

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Another Hammer Blow For China Polyethylene

By John Richardson

CHINA is bringing down the hammer time and time again as it continues to play the whack-a-mole game.

The latest blow to one or several of the unlucky moles involves the People’s Bank of China’s (PBOC) decision …

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China Polyethylene: Fitting 11% Into 6%

By John Richardson

ELEVEN per cent apparent demand growth in polyethylene (PE) in China will not go into estimates of real demand growth at no more than 6%.

This is our concern based on the latest set of data on …

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China Iron Ore Stocks Can Build 1,200 Empire State Buildings

By John Richardson

CHINA’S commodity imports boom was, of course, mainly down to the rise its middle class as hundreds of millions more of its citizens became rich enough to buy a refrigerator, a TV and a car for the …

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China Polypropylene “Demand” Surges

By John Richardson

CHINA’s polypropylene (PP) market has been consistently described as subdued throughout this year.

End-users in China have persistently complained, throughout the year, of credit shortages as a result of China’s economic reforms and so their resin buying …

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