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China's Petrochemicals Import to Rise in Long Run

China may become dependent on petrochemicals import in the long run as it plans short term measures to curb over-capacity, according to a new analysis by Business Monitor International (BMI).

In first half of 2009, ethylene output was down 6.8% year-on-year (y-o-y) to 4.8mn tonnes, while plastic in primary forms was down 0.1% to 16.5mn tonnes and the manufacturing of plastic products was up 4.9% to 20.2mn tonnes.

Source: Commodity Online

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