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<ul class="summary-list"><li>China's economy isn't bouncing back as expected, and it's showing up in diverse corners of its markets.</li><li>Commodities like glass, styrene, and corn starch show the rebound remains sluggish, per Bloomberg data.</li></ul>China's economic rebound isn't panning out as well as expected, and weak demand is showing up across obscure corners of its commodities market, according to <a href="https://www.bloomberg.com/news/articles/2023-05-30/niche-commodities-sound-alarm-in-every-corner-of-china-s-economy?re_source=boa_related" target="_blank" rel="noopener">Bloomberg</a> data. For example, glass futures on the Zhengzhou Commodity Exchange have declined almost 20% in the past month. China accounts for over half of the world's plate glass production, which has declined over recent months amid low margins, oversupply, and a faltering property market.Styrene, a material used for the plastics in home appliances, has also suffered from a weak housing market and retail sales of appliances. China has offered the world's fastest growing styrene market over the last decade.And pulp has seen prices decline. The packaging commodity, for which China is the biggest producer and consumer, saw futures plunge in February after a sharp recovery in production that domestic demand couldn't match.Meanwhile, prices on trucked liquefied natural gas — which covers the last few miles of consumer delivery for the key fuel — have tumbled to their lowest mark in nearly two years. Demand has weakened to such an extent that top importers for seaborne LNG have started to offer to resell shipments overseas, Bloomberg reported.And corn starch, too, has faced headwinds. China produces almost 50 million tons of the commodity per year. Since it's used in baby food, falling demographic numbers have weighed on corn starch demand and prices. High expectations for a robust post-COVID rebound have largely failed to materialize, and financial markets have been raising red flags in the stock, currency and metals markets.Yet, analysts have cautioned that Wall Street shouldn't be too near-sighted about the world's second-largest economy.The growing pessimism on China, according to Nicholas Lardy of the Peterson Institute for International Economics, stems from Wall Street's tendency to <a href="https://markets.businessinsider.com/news/stocks/china-economy-market-alarms-wall-street-demand-investment-semiconductors-growth-2023-5">prioritize immediate metrics over long-term outcomes</a>."I feel sorry for these people in some ways, because every time the Chinese release some data, they have to say something about it," Lardy told Insider.

China's markets for obscure commodities point to a sluggish economy and a weak rebound

Texas found startling amounts of a cancer-causing chemical in the air outside Houston. Nobody told the residents.

<ul><li>People in Visakhapatnam woke up with irritating throats, breathing problems after a major gas leak in LG Polymers located in the outskirts of the city. </li><li>The gas tragedy brought back horrific memories of <keyword id="6355556" type="LOCATION" weightage="20" keywordseo="Bhopal">Bhopal</keyword> Gas Tragedy that happened in 1984. </li><li>As we hope for the situation to get back to normal, here are some film, documentaries and series to learn from past tragedies. </li></ul>A chemical gas plant in Visakhapatnam, Andhra Pradesh, leaked putting at risk the lives of hundreds of people to the toxic styrene. At least 11 have been declared dead, many others faced irritating throats, breathing problems, fell unconscious while walking on the road and some others were trapped inside their tiny homes. The gas tragedy brought back horrific memories of Bhopal Gas Tragedy. As we hope for the situation to get back to normal, here are some film, documentaries and series to learn from similar tragedies of the past. Chernobyl: Miseries on Disney+ Hotstar <div type="image" title="Gessen-Chernobyl-2" msid="75618386" hostid="261"></div> Creator: Craig Mazin IMDb: 9.4/10 Stars: Jessie Buckley, Jared Harris, Stellan Skarsgård Description: Chernobyl is a visual account of how safety lapses led to the world’s worst nuclear power accident in a power plant near Kiev, Ukraine. The Soviet government, which ruled Ukraine at that time, tried every possible way to cover up the situation. Two cities — Kiev and Pripyat — near Chernobyl nuclear plant were evacuated. And within three months of the disaster, 30 people died after their skin decayed because of radiation. Bhopal: A Prayer for Rain on Amazon Prime Videos <div type="image" title="bhopal_a_prayer_for_rain" msid="75618407" hostid="261"></div> IMDb: 7.1/10 Director: <keyword id="6354422" type="PERSON" weightage="20" keywordseo="Ravi-Kumar">Ravi Kumar</keyword> Starring: <keyword id="36712" type="PERSON" weightage="20" keywordseo="Kal-Penn">Kal Penn</keyword>, <keyword id="16408" type="PERSON" weightage="20" keywordseo="Mischa-Barton">Mischa Barton</keyword>, Martin Sheen Description: The film is based on Bhopal Gas Tragedy — the worst industrial disaster in the world — that took place in 1984. A major gas leak More than 500,000 people were exposed to methyl isocyanate (MIC) gas a highly toxic substance. The tragedy killed 25,000 people for the next thirty years. Crude on Apple TV <div type="image" title="Capture111" msid="75618457" hostid="261"></div> IMDb: 7.5/10 Directed By: Joe Berlinger Description: Crude is an award-winning documentary film about a lawsuit by thousands of Ecuadorans against Chevron which caused one of the largest environmental disasters in history. The oil pollution contaminated the soil and water <keyword id="83247" type="CITY" weightage="20" keywordseo="Resources">resources</keyword> in the rain forest of Ecuador and caused a sharp increase in serious illness in locals. <keyword id="177404" type="COMPANY" weightage="20" keywordseo="Deepwater">Deepwater</keyword> Horizon on Youtube <div type="image" title="deepwater-horizon-825" msid="75618508" hostid="261"></div> IMDb: 7.1/10 Director: Peter Berg Stars: <keyword id="38899" type="PERSON" weightage="20" keywordseo="Mark-Wahlberg">Mark Wahlberg</keyword>, Kurt Russell, Douglas M. Griffin Description: The film is about the deepwater horizon drilling rig which exploded in the Gulf of Mexico on April 20, 2019, resulting in a massive fire breaking. The incident killed several crew members. Those who survived were left to fight with heat and flames. Man-made disaster on National Geographic The series on National Geographic shows rare footage of how natural resources triggers disaster. One of its episodes includes a Chinese dam — weighing more than 3,000 Empire State Building — causing tremors, leaving 90,000 dead. See also: <a href="https://www.businessinsider.in/india/news/gas-leak-in-andhra-pradeshs-visakhapatnam-lg-polymers-chemical-plant/articleshow/75591816.cms">Vizag gas crisis claims 11 lives and reports second leak, which the government clarifies 'was required' to bring the situation under contro</a>l

These are some documentaries on man-made and natural disasters that we can learn from

<ul><li>ICICI Bank is scheduled to announce its fourth-quarter results on May 9.</li><li>It's share price inreased by over 2% today morning during early trade.</li><li>The private sector bank’s retail-focused lending puts it at higher risk of bad loans due to the effects of the coronavirus lockdown than its counterparts.</li><li>Last quarter, ICICI Bank managed to post a profit of 158% and its provisions were down by 58%.</li></ul>ICICI Bank is set to post its fourth-quarter results on May 9 and the outlook seems grim with the banking sector bearing the brunt of the coronavirus pandemic. “Banking is the first sector to get hit and the last one to recover. We’re already in a phase of credit issues,” Siddarth Purohit, a banking analyst with Angel Broking, told Business Insider. ICICI Bank is one of top ten stocks to buy, according to Maquarie, which set a target price of ₹438 (nearly 30% higher from Thursday’s closing) in the next one year. Ahead of its earnings announced, the bank's share price rose by over 2% in today during early morning trade. <div type="image" title="ICICI BANK SHARE PRICE (1)" msid="75616714" hostid="261" caption="&amp;lt;p&amp;gt;ICICI Bank stock movement over the past year&amp;lt;/p&amp;gt;"></div> However, the bank’s share price has lost over one-third of its value this year. During the lockdown, its movement is still largely volatile as investors remain uncertain of what the future may hold. A fresh cycle of bad loans? ICICI Bank was in good shape last quarter with its profits up by 158% and provisions cut down by half. However, The onset of the coronavirus pandemic and its effect on the economy is rapidly changing that narrative. Experts fear that the nationwide lockdown and rising unemployment will shrink people’s ability to pay off loans giving birth to a fresh cycle of bad loans. <div type="image" title="ICICI bank operating profit" msid="75615873" hostid="261" caption="&amp;lt;p&amp;gt;ICICI Bank&amp;#39;s operating profit over the last five quarters&amp;lt;/p&amp;gt;"></div> According to <a href="https://www.moodys.com/researchandratings/country/india/-/0420C9/0420C9/-/-1/0/-/0/-/-/-/-/-/-/-/en/global/pdf/-/rra">Moody</a>’s, ICICI Bank’s retail-focused lending puts it as higher risk as incomes of many borrowers is now at risk due to the lockdown even though it has strong capital to back it up. “There will have to be a signification deterioration in asset quality to erode these buffers,” it said. Ratings cut around the block The bane of the banking sector has always been the share of non-performing assets in its kitty. The cycle finally seemed to be turning around for good with analysts expecting the banking industry to soar in the coming financial year. The global rating agency <a href="https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/s-p-revises-outlooks-on-axis-bank-icici-bank-amid-rising-economic-risks-58076962">Standard &amp; Poor</a> cut its outlook from “stable” to “negative” expecting a drop in asset quality. “The negative outlook on ICICI Bank reflects our view that the bank is exposed to economic headwinds faced by India’s banking system,” said the report. But maintains that the private lender will maintain its strong market position. Fitch Ratings, on the other hand, affirms that the outlook for ICICI Bank remains stable even though its viability rating (VR) has taken a hit. “The downgrade of ICICI’s VR highlights heightened risks to its asset quality and earnings from the disruption in business and consumer acidity that we expect to continue well beyond the lockdown in India,” it <a href="https://www.fitchratings.com/research/banks/fitch-affirms-icici-bank-idr-at-bb-outlook-stable-downgrades-vr-to-bb-30-04-2020">said.</a> <div type="Article" hostid="261" msid="75570240" title="The downgrade of SBI, Bank of Baroda, and ICICI Bank is proof that the 'biggest nightmare' for India's financial sector is becoming real" mstype="2" mssubtype="0"></div> Earlier this week, ICICI and other large lenders came together to resurrect the idea of creating a ‘bad bank’ to help mitigate the effects of the economic slowdown intensified by the outbreak of COVID-19, which threatens to saddled with more sticky loans. According to PayTM founder <a href="https://www.youtube.com/watch?v=satElBUTBIQ&amp;feature=emb_logo">Vijay Shekhar Sharma</a>, this could be the “biggest nightmare of 2020” for the financial sector. <div type="javascript" title="Custom" contenttype="Video"><cdata><![CDATA[]]></cdata></div> As a private sector entity, ICICI Bank’s prospects are better than its public sector counterparts. Nonetheless, many have already downgraded their expectations. See also: <a href="https://www.businessinsider.in/finance/news/sbi-indusind-bank-bank-of-baroda-icici-bank-downgraded-as-paytms-paytms-vijay-shekhar-sharma-warned/articleshow/75570240.cms">The downgrade of SBI, Bank of Baroda, and ICICI Bank is proof that the 'biggest nightmare' for India's financial sector is becoming real</a> <a href="https://www.businessinsider.in/finance/news/yes-bank-share-price-net-loss-and-drop-in-deposits-post-q4-earnings/articleshow/75590798.cms">Yes Bank fears more deposits may disappear when COVID-19 moratorium ends and people start repaying loans</a> <a href="https://www.businessinsider.in/india/news/vizag-gas-leak-styrene-used-in-making-household-plastics-and-condoms-too-much-of-it-can-cause-cancer-or-coma/articleshow/75598829.cms"> Vizag gas leak: Styrene used in making household plastics and condoms — too much of it can cause cancer or coma</a>

ICICI Bank’s earnings on May 9 will reveal the level of economic damage caused by COVID-19 at the level of small borrowers

<div class="image-container" style="width:800px"><div class="image">Peter MacDiarmid/Getty Images</div></div>3D printers can be harmful to humans if they are not set up in the right environment, researchers at the Illinois Institute of Technology have warned.
3D printing is a process of melting plastic filament and creating solid objects by building them up in very thin layers. The technology is used in a wide range of industries from construction to aerospace, and is now starting to make its way into the mainstream.
Many of the 3D printers on the market today rely on a process called “heated thermoplastic extrusion and deposition”, which emits ultrafine particles (UFPs) into the air. These particles are less than 100-nanometres in diameter.
In an industrial environment, these particles would normally be removed by a ventilation system, but commercially available printers are currently sold as standalone devices without any exhaust ventilation or filtration accessories.
If these particles are inhaled they can build up in the lungs or be absorbed directly into the bloodstream, potentially resulting in adverse health effects including total and cardio-respiratory mortality, hospital admissions for stroke, and asthma symptoms.
“These results suggests caution should be used when operating some commercially available 3D printers in unvented or inadequately filtered indoor environments," lead author Brent Stephens from the Illinois Institute of Technology stated in his <a href="http://www.sciencedirect.com/science/article/pii/S1352231013005086">report</a> .
“Additionally, more controlled experiments should be conducted to more fundamentally evaluate aerosol emissions from a wider range of desktop 3D printers and feedstocks."
The team at the Illinois Institute of Technology tested two different 3D printing materials – acrylonitrile butadiene styrene (ABS) and polylactic acid (PLA) – to see how many UFPs each one emitted.
Both materials were found to increase the concentration of UFPs in the air, but ABS emitted 10 times as many UFPs as PLA. The researchers claim that a single ABS-based 3D printer has an emission rate estimate similar to that reported during grilling food on gas or electric stoves at low power.
ABS and PLA are both used by the £700 <a href="http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10167019/Maplin-to-sell-first-3D-printer-for-use-in-the-home.html">Velleman K8200</a>, launched earlier this month by Maplin, which is the first 3D printer to be sold on the high street.

You Searched For "styrene gas" and got 5 results

China's markets for obscure commodities point to a sluggish economy and a weak rebound

Phil Rosen

Texas found startling amounts of a cancer-causing chemical in the air outside Houston. Nobody told the residents.

David Leffler,Savanna Strott,…

These are some documentaries on man-made and natural disasters that we can learn from

BI India Bureau

ICICI Bank’s earnings on May 9 will reveal the level of economic damage caused by COVID-19 at the level of small borrowers

Prabhjote Gill

3D Printers Could Cause Strokes If Used In The Wrong Environment

Sophie Curtis, The Telegraph

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