Japan’s factory output falls most in 5 years in Feb
The fall in February was attributed to falling exports, lower shipments of capital goods and weaker domestic car production. Economists commented that the slump in February’s output may signal a contraction for Japan’s manufacturing activity in the first quarter.
The trade ministry’s data also showed that shipments of capital goods excluding transportation equipment declined more than 10% on the month in February, indicating the biggest drop in a year.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Tightness shapes expectations for Sept PVC pricing in Asia
- PP uptrend falters in Indonesia amid downstream resistance
- Will European PE market sustain uptrend following higher ethylene?
- COVID-19 resurgence weighs on polymer sentiment in Vietnam
- Stats: Turkey’s H1 polymer imports defy pandemic, hit all-time high
- Stats: China’s total PP, PE imports set a new record in H1 2020
- Lackluster demand outweighs tightness in Asian ABS markets
- Will costs drum up support for a 3rd-month-firming in Europe PET market?
- Import PE markets give softening signals in China, SE Asia
- PVC supplies tight, demand robust across Europe