By John Richardson THE above chart should give you a feeling of déjà vu. In early 2014, Chinese lending growth started to decline and by September of that year, broad recognition of the extent of the decline was behind a sharp retreat in global commodities prices as the global economy also slowed. History very often […]
Asian Chemical Connections
China Scrap Plastic Crackdown: 1-2% Boost To Polyolefins Demand
By John Richardson THE DECLINE in China’s imports of scrap or waste plastic and cardboard could boost 2018 virgin polypropylene (PP) consumption in China by some 1% above our base case. Meanwhile, polyethylene (PE) demand may be 2% higher For details on what this would mean in terms of tonnes, subscribe to our monthly Asia […]
Another Opinion: China and Recycling
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. PPPEPrices2006-Aug09.ppt Here are his views: “A maor factor has been a lack of availability of recycled material. This is because people in the West are buying less durable consumer […]
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