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By John Richardson
WE have been on a magical mystery tour during the second of half 2013 in an effort to discover what has really driven the 14% year-on-year increase in polyethylene (PE) apparent demand in China in January-August – …
BACK in 2009, virgin polyolefins demand growth in China was boosted by a sharp drop in imports of recycled or scrap plastic resulting from tougher enforcement of environmental regulations.
Now another government crackdown on imports of scrap …
Source of Picture: The Earth Institute at Columbia University
I was speaking to a Singapore-based trader this morning over the reasons behind the polyolefin price rally.
Here are his views:
“A maor factor has been a lack of availability …