How To Battle For Value In Oversupplied Markets

By John Richardson

FOR the moment all is good, as the chart above illustrates, which details the premiums that C6 metallocene-grade linear-low density (LLDPE) have enjoyed over standard commodity grade C4 LLDPE in the key China market.

The October 2010 …

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The New World Of Demand, Trade And Competition

By John Richardson

TOMORROW nearly always ended up being better than today for the polymers industry, thanks to the resilience of demand growth during the Economic Supercycle.

What also made life easy was the assumption that global free trade would, …

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Dip In China Credit Growth A Global Warning Sign

By John Richardson

CHINA might choose to once again kick the can down the road by further delaying essential economic reforms, but this is not my base case for the rest of this year and into 2017.

Xi Jinping and …

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China And A Breakdown In Free Trade: Scenarios For Petrochemicals

By John Richardson

MY blog post last Friday, on the threat to the petrochemicals industry of a retreat in global free trade, has gained a great deal of interest. This is good as this is an essential debate.

Today I …

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As Global Free Trade Unwinds, Where You Have Built Becomes Critical

By John Richardson

THE assumption that global free trade will continue to grow has successfully underpinned the strategy of petrochemicals producers for many years. Companies have been able to plan new capacities in just about any location secure in the …

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China’s Oil Markets: One Example Of A World Turned On Its Head

By John Richardson

The more oil that China imported the more it was becoming a middle class country by Western standards, was the old argument.

All of us should now understand that the China middle class story was nothing more …

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New Global Economic Crisis: Timing Is The Only Doubt

By John Richardson

IT IS only a question of when rather than if there will be a further unwinding in all the global economic, social and political unbalances resulting from the end of the Economic Supercycle.

Sure, we might get …

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Central Banks: 672 Failed Interest Rate Cuts And Counting

By John Richardson

THE world’s top 50 central banks have cut interest rates at least 672 times since the Lehman Bros crisis  – perhaps 673 if you include yesterday’s decision by the Bank of England to lower the UK’s cost …

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Xi’s Overture Finishes As China’s Real Reforms Begin

By John Richardson

We’re going to see pretty soon whether this man [China’s President, Xi Jinping] is for real.

THE above quote, from Chinese Studies professor Kerry Brown in this FT article,  is something else that you should print out …

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Oil Below $30, Trade Barriers Etc: Implications for US Polyethylene

By John Richardson

FOUR years ago it seemed like an absolute “no brainer”.

Just about everyone thought that China’s economy was going to expand at double digit annual rates, virtually forever.

You also had the surge in ethane availability in …

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