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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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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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BASF Highlights Changes In Growth

 

Martin Brudermüller

Source of picture: BASF

 

By John Richardson

“THE struggle over China’s future direction seems to be harder fought than we had imagined,” said BASF vice chairman Martin Brudermüller last Thursday, in a German newspaper interview.

“There …

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Asian Operating Cuts Not Enough

By John Richardson

ASIAN naphtha cracker operators have cut production in response to the exceptionally weak China market, according to ICIS.

Yeochun Naphtha Cracker Centre (YNCC) has, for instance, lowered operating rates to 90 percent from 100 percent at its …

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Stimulus Nonsense Raises Hopes

By John Richardson

EARNINGS estimates for South Korean petrochemical companies will have to be cut by 50 percent for the full year 2012, said an industry observer.

“It is quite clear that the first quarter was dreadful for the South …

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