Episode 1398: Think Tank: Bleak China data means more trouble for chemicals

Latest economic statistics from China suggest its economy is still flagging, meaning it will continue to export excess chemicals capacity into global markets. -          China’s economy is sputtering as country deals with excess domestic capacity and ruptured property sector-          Global chemical markets likely to see more flows of cheap material from China, undermining prices and margins-          Latin American Petrochemical and Chemical Association (APLA) delegates in Mexico report rising pressure from Chinese, US imports -          ICIS data shows spreads near record lows in Asia, little hope of recovery to long-term averages