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MEG’s Fading Star

 

By John Richardson

CHINA’S mono-ethylene (MEG) market was supposed to be very strong this year.

But instead, to date we have seen persistently weak market conditions that few people, least of all the traders, seem to have anticipated.

The …

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Wen’s Last Reform Push

By John Richardson

Wen Jiabao has been at it again. His extraordinarily strong comments on Tuesday follow those he made last month about the risks of a return to the economic chaos of the Cultural Revolution.

On this latest occasion, …

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Further China Evidence

By John Richardson

FURTHER evidence of weakness in the Chinese economy has emerged via the polyolefins market.

In an excellent Insight article, my ICIS colleagues Chow Bee Lin and Peh Soo Hwee say that China’s plastics processors are resisting additional …

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China And Inflation

By John Richardson

MUCH excitement heralded the announcement that February inflation in China had fallen to a 20-month low of 3.2 percent – well within the government’s annualised target of 4 percent.

This led to the belief that the government would …

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A Tough Q2 For The US

 

By John Richardson

THE hard numbers, in the chart above, support anecdotal evidence we have been picking up for over a month of increased Asian polyethylene (PE) exports to Brazil and other Latin American countries.

It also confirms reports …

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The CEO’s Dilemma

By John Richardson

The blog has, in its naivety, for some time been perplexed over why certain chemicals company CEOs portray a relentlessly optimistic picture of developing-markets growth. This is despite all the evidence pointing to increasing uncertainties over how …

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Why Should Q2 Be Any Better?

 

By John Richardson

THE question being asked during the first quarter of this year was, “Why shouldn’t Chinese chemicals demand come roaring back after a disappointing 2011?”

The relevant question now, as we move into Q2, is, “Why should …

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New Policies Needed To Restore Growth

Politicians seem to be floundering as they seek to restore growth to the Western economy. Their prescriptions swing between austerity and economic stimulus as they argue over what has gone wrong.

But in chapter 10 of our Boom, Gloom & …

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Global Polymers Demand Up 4.5% In 2011

By Malini Hariharan

Despite challenging market conditions in 2011, the global polymers industry managed to post demand growth of 4.5%, with the largest increase recorded by polyvinyl chloride (PVC) at 6.2% and linear-low density polyethylene (LLDPE) at 5.8%, estimates Fabrizio …

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The Butadiene Rollercoaster

By John Richardson

The remarkable rollercoaster that is butadiene, and its derivatives, continues.Although the synthetic rubber market for tyres in China appears to be strengthening, acrylonitrile butadiene styrene (ABS) remains under pressure.

And, in a reflection of what is a …

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