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Article: PE film demand slows in China.(ANALYSIS)
- Article from:
- High Performance Plastics
- Article date:
- July 1, 2005
CopyrightCOPYRIGHT 2005 International Newsletters. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The growth rate for PE film in China was 7.3% in 2004, with demand reaching over 7.3 Mt. This growth rate is slower than 2003, due to a combination of factors, including rising raw material prices, anti-dumping duties on Chinese plastic bags in the USA, power shortages and Chinese government measures to prevent the economy from overheating.
However, the Chinese market for PE films is still relatively buoyant, and future growth rates are predicted to be strong, underpinned by growing domestic demand for various film products, such as bags and agricultural film, and by significant investment in export oriented manufacturers.
This is according to ...