The blog is awarding itself a pat on the back today, for its decision to focus on electricity consumption and bank lending as key indicators for China’s economy. According to the Wall Street Journal, these are 2 of the only 3 statistics used by China’s Vice Premier, Li Keqiang (the other is rail cargo). Li’s […]
Chemicals and the Economy
Global chemical operating rates stay at 85%
October is usually a seasonally strong month for chemical production. Factories are back from the summer holidays, and working flat out to meet orders before the Christmas and Lunar New Year breaks. So it is a bit disappointing that, as the above chart from the American Chemistry Council shows, operating rates (OR%) actually slipped slightly […]
Jump to page: