Consumption is the major economic driver, showing the nation's success in rebalancing the economy, but more efforts are needed to sustain growth, with heightened pressure in sectors with overcapacity, economists said. "China is on the ...
Tags: Consumption, economic driver
New data released shows the cartonboard industry must look east for growth, with Asia Pacific accounting for almost two thirds of demand for folding cartons by 2018, and liquid cartons by 2019. Diversification of consumption patterns, ...
Tags: Cartonboard, Asia-Pacific
Markets and Markets' new report predicts that the market for Oxo alcohols will reach $20,976.6 million by 2020. Oxo alcohols are prepared by reacting olefins with syngas (hydroformulation reaction) under low pressure in presence of ...
Tags: Oxo alcohols, Oxo Alcohol Market
Chinese consumers will continue to increase in wealth and complexity, and fears about the country' s slowing economy are overblown, experts said. Many people who worry about economic rebalancing in China focus only on the low share of ...
Tags: Chinese consumers, slowing economy
Despite efforts from the leading Vietnam National Textile and Garment Group (Vinatex) to carry out some cotton farming projects, Vietnam’s cotton production in 2014-15 is forecast less than the previous marketing year, according to ...
Bloomberg News sat down with Peter Coy, Bloomberg Businessweek Economics Editor, and Susan Lyne, AOL BBG Ventures President, to discuss the American economy, and to try to answer the question: is America roaring back economically? Coy ...
The International Cotton Advisory Committee (ICAC) anticipates that, despite expected growth in cotton consumption this season, a world production surplus of 1.7 million tons is still expected. This, according to ICAC, will bring 2014/15 ...
Tags: cotton consumption, Textile
Mexico was the country that contributed most to the growth in consumption of rolled steel in Latin America in the first five months of this year, reveal data from the Latin American Steel Association (Alacero). According to figures from ...
World 2014/15 cotton mill use is forecast at 111.8 million bales, up 2 percent from 2013/14, reflecting an expanding global economy. The two largest consuming countries are China and India, with a combined cotton mill use of over 60 million ...
Tags: Cotton Consumption, global economy
The first U.S. Department of Agriculture (USDA) cotton forecast for 2014/15 projects that global cotton production will decline for the third consecutive season. Although projected at its lowest in 5 years, production remains above ...
Tags: Cotton, cotton production
Turkish rebar producer Izmir Demir elik Sanayi A.. (IDC) has announced its financial results for the first quarter of the current year, remarking that global apparent steel consumption in 2014 is expected to grow 3.1 percent, while apparent ...
Tags: Steel Exports, IDC
According to the short range outlook of the World Steel Association (worldsteel) for 2014 and 2015, the worldsteel Economics Committee has revised down its global apparent steel consumption growth forecast to 3.1 percent from the growth ...
Tags: Apparent Steel Use, Worldsteel
The Shanghai Futures Exchange is ready to roll out the country's first yuan-denominated crude oil futures, which it hopes will become a benchmark in Asia before gaining global influence. Yang Maijun, the bourse's chairman, said foreign ...
With US refineries expanding their capacity to process more domestic light oil in the coming years, the US Energy Information Administration on Tuesday said it expects refinery crude inputs to reach 15.52 million b/d this year and 15.61 ...
Tags: US Refinery, Domestic Production, light oil
Another major Australian milk supplier gets snapped up The sale of privately-owned dairy giant United Dairy Power to Hong Kong businessman William Hui is locked in, according to Stock & Land. It was reportedly sold for around $70 ...
Tags: Australian milk, Caboolture Cheese, shredded Mozzarella