China’s Nov industrial output, retail sales up more than expected
Media reports revealed that the Chinese economy expanded by 6.7% in Q3 of 2016 and the country’s GDP was expected to reach 6.6% for 2016 on the back of the increasing domestic consumption, the growth in wages and public infrastructure investment.
The government’s growth target for 2016 was 6.5-7%, reports indicated.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Turkey shattered as PP prices shoot up to surreal levels
- Polymer markets face one of most chaotic times
- Turnaround season set to get underway in Asia
- Crude oil heals COVID-inflicted wounds; now what lies ahead?
- Global shipping turmoil deepens, adding to the upheaval in plastic resins
- China’s post-holiday polymer outlook supported by supply limitations, crude oil
- US PE exports hit record high for 2020 despite production and logistics hurdles
- African PP, PE markets firmer on continued tightness in supplies
- Lack of sales pressure supports SEA PE markets
- Will soaring prices attract PP, PE imports to Europe?