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Paraxylene: Another Chemicals World Turned Upside Down

By John Richardson

THE PARAXYLENE (PX) industry is enjoying an unprecedented period of demand growth, according to the above chart from our recently updated Supply & Demand database:…

Between 2000 and 2016, global demand for PX will have jumped by

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Polyethylene: A World Turned Upside Down

By John Richardson

THE recent history of polyethylene (PE) shows a global competitive landscape very different from that which most people expected two years ago.

Two years ago, we were told that the natural price for oil was $100/bbl because …

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Make Global Trade War In 2017 Your Base Case Scenario

By John Richardson

WE are trapped in a cycle of economic policymaking failure that has already led to a retreat in global free trade. What happens next could well be a global trade war as soon as next year.

The …

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The US And China: Saudi Arabia’s Big Picture Oil Strategy

By John Richardson

THE above chart should tell you a great deal of what you need to know about Saudi Aramco’s interest in buying the LyondellBasell Industries (LBI) refinery that’s located in the Houston Ship Canal in the US:…

Between

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China And Iran: Reshaping Global Polyester Trade

By John Richardson

IN TODAY’S world you have to start with political, social and macroeconomic factors to help build your map of global chemicals trade flows over the next ten years.

You next need to consider the old standard measures …

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Had Enough Of Experts? Fair Enough, But Facts Still Matter

By John Richardson

MANY millions of people have had enough of the political and economic establishment in the West because:…

It failed to predict the US sub-prime and European sovereign debt crises, resulting in people losing their homes and/or their

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Saudi Aramco In A Low Oil Price World

By John Richardson

NEWS of plans to list 5% of Saudi Aramco is obviously some four months old. There is thus a danger that in the welter of other later events, the long term significance of this decision ends up …

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Tackling Gender Inequality, Climate Change Etc Key To Future Chemicals Growth

By John Richardson

IF you think that progress towards tackling issues such as gender inequality in sub-Saharan Africa has nothing to do with forecasting chemicals and polymers demand growth, then you are going to face some severe difficulties over the …

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G20 Reassurances Not Enough To Stop A Currency War

By John Richardson

PRESIDENTS XI Jinping and Barack Obama have made a commitment to avoid competitive currency devaluations at the G20 summit in Hangzhou.

The fact sheet released by the two presidents also contained this statement: [China will] “continue an …

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US Economic Rescue Fails On Missing Human Factor

By John Richardson

THE US Federal Reserve thought it understood how the world worked, thanks to its FRB/US (Ferbus) computer model.

“Assuming that the FRB/US model does a good job of capturing the macroeconomic implications of declining house prices, such …

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