UK industrial output posts strongest gain in 6 months in March
The increase was attributed to higher oil and gas extraction, which rose 4.9% to post the largest gain since February 2014. The data also showed that manufacturing output recorded a monthly increase of 0.4%, beating Bloomberg economists’ estimates, which called for a gain of 0.3%.
In the first quarter of this year, meanwhile, the country’s industrial output figure was revised to an increase of 0.1% from a decline of 0.1%.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Supply constraints spark stronger PE trend than PP in global markets
- ABS, PS uptrend falters in China after H1 2020 ends at multi-month highs
- Stats: China’s total PP imports spike in May; Vietnam and India’s rising shares shine out
- Tight supply drives HDPE, LLDPE gains in Southeast Asia
- European PE markets set for 2nd bullish month on rising costs
- Turkey’s PP and PE markets propelled to a firm start to H2 despite vulnerable conditions
- Asian PVC sees V-shaped recovery in Q2, what will Q3 bring?
- Will capacity additions cast cloud on ethylene upsurge in Asia?
- US PVC offers in Egypt rise steadily but resistance grows in tandem
- PE buyers’ resistance grows in SEA; duty-free origins more competitive than Mid-East