By John Richardson CHINA’S polyethylene (PE) market, along with probably most of the rest of petrochemicals, continues to disappoint as the above chart illustrates. Overall demand in 2012 (red column) was up by just 1 percent in January-August 2012 compared with the same period in 2010. One, or perhaps a combination of both of the […]
Asian Chemical Connections
Consensus Misses The Point
By John Richardson The consensus view on China remains that we have reached, or are near, the bottom of the decline in GDP (gross domestic product) growth. This was how yesterday’s release of the preliminary HSBC China Manufacturing Purchasing Managers Index for April was interpreted. Although the index contracted for the sixth month in a […]
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