Archive | June, 2012

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Cotton In Uncharted Territory

 

 

By John Richardson

POLYESTER producers, and their raw-material suppliers, enjoyed a huge boost to their profitability between October 2008 and March 2011 when cotton prices increased by 468 percent from 40 cents/lb to $2.27/lb.

This led to polyester …

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US-China Trade Disputes Threat

By John Richardson

CHINA’S 15.3 percent increase in exports in May, far greater than most analysts had expected, is being interpreted as a sign of the country’s enduring economic strength.

This is certainly good news for China amidst all the …

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China’s Demographic Crisis

          

           Chinese govt poster promoting the one-child policy  

 

 

By John Richardson

IF all you can remember is strong emerging markets growth, then it is easy to be misled into only building into your scenarios the notion that China and …

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Not “Business As Usual”

 

By John Richardson

THE notion that Asian polyethylene (PE) markets would soon bottom out, which was widely expressed at the Asia Petrochemical Industry Conference (APIC) last month, seems to have been discredited.

There was a slight recovery for the …

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China Rate Cut

By John Richardson

CHINA surprised economists and markets with a 25 basis point cut in benchmark lending rates on Thursday. This was the first rate cut since the economic crisis of 2008.

The cut was seen as indicating that the …

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How Green Is Gas?

By John Richardson

THE blog has been attending the 25th World Gas Conference in Kuala Lumpur, Malaysia, this week where one of the themes repeated on numerous occasions has been the wonderful environment benefits of natural gas.

Poor old coal …

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More Of The Same Won’t Work

By John Richardson

MORE of the same won’t solve China’s problems.

“Economists worry that an influx of new cash (as part of China’s new economic stimulus package) will exacerbate some of the market distortions in areas that are already heavily …

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Fibre Intermediates In Panic

By John Richardson

A SENSE of panic has gripped the fibre intermediates chain as a result of falling crude oil prices, an industry observer told the blog.

“Nobody knows where the bottom of the market will be, which, to me, …

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A Call To Action

We are about to set out on a great journey as the world transitions to the New Normal.

The reason for the journey is that the world economy has changed irrevocably as a result of the financial crisis and the …

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Chem Companies Face Funding Crisis

 

By John Richardson

A collapse in the price of oil would expose petrochemicals producers, buyers and traders who have built- up stocks.

They built up inventories because oil was on the way up earlier this year.

And they were …

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