China’s Import Of PP is Rising
A new report from AMI Consulting points to the potential for China to continue being a major net importer of PP, despite investment plans for over 6 million tonnes of new capacity over the next four years. In 2005 China processed 8.4 million tonnes of polypropylene and was the world’s number one destination for exports with record imports of just over 3 million tonnes. At this scale China is crucial to keeping global supply and demand in balance. During the period 2006-2010 new capacity totalling over 6 million tonnes is slated to come on line in China. Many analysts have assumed that the consequences will be a gradual downturn in imports and a reduction in PP plant utilization rates around the world. By contrast this new report assesses the possibility that exports into China rather than falling may actually reach 5 million tonnes by 2010.
"Polypropylene Markets in China" is a detailed multiclient report from AMI Consulting. For further information contact email@example.com
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