Tag Archives | China imports

China Polyethylene: Unreal Growth Numbers

By John Richardson

One of the explanations we have heard for the 20% increase in China’s polyethylene (PE) imports in H1 2014 over the same period last year (see the chart below) is, as we discussed last week, a surge …

Continue Reading

Why China’s Polyethylene Imports Have Surged


By John Richardson

CHINA’S polyethylene (PE) imports jumped by 26% in the first quarter of this year over the same period in 2013, according to data from Global Trade Information Services (see the above chart).

This isn’t the result …

Continue Reading

China’s Leaders Stay The Course (So Far…..)

By John Richardson

Everything is still going to plan. As the chart above shows, China’s official bank lending is down by 16% in the year to date as the government rations credit to the big state-owned enterprises. The last thing …

Continue Reading

China Lending Declines In October

By John Richardson

POLITICS, politics and politics are three most important factors that need to be evaluated when assessing the direction of China’s economy.

Thus, in the short term it appears that the surge in bank lending from May to September …

Continue Reading

Reading The Minds of China’s Leadership


By John Richardson

A lot of the projects which have pushed the world into severe overcapacity were based on the assumption that China would remain in big deficits for many basic commodity chemicals and polymers.

It was thought that …

Continue Reading

More evidence of China’s export rebound

Source of picture: Businesweek


More evidence is emerging of the big rebound in Chinese exports resulting from government subsidies, including a Yuan now pegged to the dollar, soft and plentiful bank loans and export-tax rebates.

More than 9,000 quality …

Continue Reading

Wearing blinkers is a job requirement

“Take it from me, peripheral vision isn’t all it’s cracked up to be, especially if you want to get a decent annual bonus….”


Source of picture: www.whipnspurs.co.nz


Here’s a rant for Tuesday – with thanks to Paul Hodges for informing …

Continue Reading

Asia Polyolefins: “Bloodbath” Postponed

Source of Picture : purchasing.com

In his own words, here is how one contact describes the current situation with a couple of extra points added by yours truly (with links)

“We’ve seen arbitrage close from Europe on polyolefins with no …

Continue Reading

China petchem imports soar on false confidence

They always say the best form of flattery is immitation and so thanks to my colleague Paul Hodges for this graph indicating a huge surge in China’s polyethylene imports – courtesy of data from Edwin Pang of Credit Suisse.

I …

Continue Reading