China's chemical market recovery than expected – Chemical products, markets
SINGAPORE Bloomberg all to the good.
4 later this month, reporters went to Guangdong, Zhejiang and other places re part of the production and sale of businesses, feeling very "hot." This heat not only the temperature rise, but also the prosperity of the market, the deepest thoughts and feelings is to restore business confidence and future market expectations.
"Quiet night before the pier is now too loud people could not sleep" Lee Han Dynasty
very low-key, saying that he is a "selling plastic." His identity is South China Sinopec Chemical Sales Branch Manager of synthetic resin. This had been a workshop director, senior engineer, the Director did sales, personal experience with "the financial crisis," Times of economic recovery.
"I live in Guangzhou Huangpu Port, near the second half of 2008 after a considerable period of time, the terminal can not see the trace of container trucks, and no ship to ship to the busy scene, silent night, to get up early to go to work also no traffic jams. we are, the container terminal bristle, the total traffic jam to work, very noisy at night, feel asleep not okay. "Li Han Dynasty, said half-jokingly.
Economic recovery finally reflected in the data: GDP growth in China in 2009 to 6.1% from the first quarter, accelerating quarter by quarter, year-end close to 9%. In the first quarter, GDP growth is up 11.9%.
Compared to GDP, increased by more sensitive and reflect the economic downturn is electricity. National Energy Board data show that in the first quarter of the whole society rose 24.2% power consumption, extending the momentum of sustained growth since last year.
Benefit from the country's economic situation, the petrochemical industry have shown good momentum of development. If the minimum value is the price of plastic in November 2008, was 6,000 yuan / ton are few people interested, after a little higher, up to now 11,000 yuan / ton, almost doubled.
"Until today, Premier Wen Jiabao was felt that sentence 'confidence is more important than gold' of profound meaning." Sinopec Chemical Sales Branch Yan Weifeng told reporters in South China, both domestic and foreign clients on China's economy is very confident "Without confidence in the current (107th) the size and exhibitions Canton Fair exhibitors can scale new heights, you interview in Guangzhou, the hotel would not be so nervous."
"More than a year ago may not be so optimistic," As China's leading enterprises
U.S. appliance group, also on the future market confidence. The company's overall sales in 2008 of 900 billion, of which exports achieved 2.8 billion U.S. dollars; buck the trend in 2009 rose to a record 95 billion yuan, exports 30 million; 2010 goal is sales exceeded 110 billion yuan export strive to break through 3.8 billion.
Even though the U.S. group is ambitious, full of confidence, more than a year ago is not in this position.
"2009 3 we analyzed the market, is pessimistic. We are the end of 2008 the international financial crisis feelings too, even if there are orders to do, worry about price fluctuations. Did not expect in 2009 slowly improved on the second quarter, rising capacity utilization. "US-resources group purchasing center, said Yang Hui, director of the procurement division.
Companies have this attitude is not only beautiful. Guangzhou Conghua Selon Company also experienced the " ." The company is the larger of the research, development and sales of modified plastics business. Fourth quarter of 2008, plastic prices have fallen, the company thousands of tons of high-priced stock losses of tens of millions. The first three quarters of fourth-quarter earnings were offset by losses and overall losses of the year.
The company has said, the first quarter of 2009, the outlook is still uncertain, but the orders began to increase capacity utilization rate gradually returned to the state before the financial crisis. "Overall, in 2009 than in 2008, both rose in 2007. From the current situation, growth in 2010 is more worth the wait."
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