Archive | March, 2009

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Alice In Wonderland economics

China appears to be pumping money into ailing companies for social stability reasons, resulting in a build-up in inventory of unsold finished goods.

Anecdotal evidence from ICIS pricing, and analysis by JP Morgan Asset Management and the China Economic Quarterly …

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Lack of visibility makes planning a nightmare

Is it just me or is sentiment in chemicals markets even more erratic than usual? Only two weeks ago people were talking about an imminent supply glut in polypropylene, but now the talk is of tightness and stable prices.

Perhaps …

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Trade protectionism on the rise

India has launched a petition for PP anti-dumping action against Saudi Arabia, Singapore and Oman. This is the first case of this type in India.

Producers, as we predicted on this blog earlier on, will be increasingly attempting to protect …

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