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Job-hopping Causes Post-New Year Demand Dip

Chinese workers are on the hop…. 

Source of picture: advanced-fibre.com

 

By John Richardson

CHINA’S polyolefin demand in the few days of proper trading that have taken place since the Lunar New Year has been described as “horrendous” and “grim” …

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Saudi Producers Remain Confident

By John Richardson

THE optimism of Saudi Arabian petrochemical producers remains extremely high, according to an industry observer who spoke to the blog.

One might think we were to some extent stating the blatantly obvious as their margins will have …

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Saudi Oil And Gas Supply – Anyone’s Guess

 

 

By John Richardson

 

SAUDI Arabia’s crude-oil reserves may have been overstated by as much as 40% or 300bn barrels, according to this article on February 8 in the Guardian, based on cables between Saudi and US diplomats …

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What an excellent boss

By John Richardson

VERY occasionally the blog deviates from its close coverage of petrochemical markets to focus on broader business issues. Today is one such occasion after a discussion with a manager of a major Asian chemicals trading operation.

The …

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Intuitively The Problems Are Building

By John Richardson

THE signs are ominous as they have been since the beginning of the crisis.

Intuitively, it still feels as if we are heading for some major macroeconomic problems. As Andrew Liveris, CEO of Dow Chemical, put it …

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Saudi Ethane Prices Set To Rise To $2/mBTU

 

Source of picture: robertsamsterdam

 

By John Richardson

IT will only be a question of making a large rather than a huge amount of money if you only take into account the relatively minor increases being forecast for Saudi …

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How Can This Year Not Be A Let Down?

 

 

Ali Naimi, Saudi Arabia’s oil minister, suggests more oil supply could be on the way

 

 

 

Source of picture: stonesoupstationblogspot.com

 

By John Richardson

CHEMICALS analysts at HSBC have added further weight to the argument that 2011 could …

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A Toxic Combination: Sentiment And Oil Prices

By John Richardson

Yesterday we suggested that demographic challenges in the West, the strain on resources resulting from rising consumption in emerging markets and rising inflation should heavily feature in discussions at this week’s World Economic Forum in Davos.

Chemical …

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Edgy And Nervous CEOs In Deep Contemplation

Davos 2011 

Source of picture: eacci.net

 

 

By John Richardson

THE edginess and nervousness of Asian polyolefin markets we talked about last week is likely to be part of the mindset of any chemicals company CEO right now.

As …

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Polyolefin Producers Maintain Their Control

Source of picture: Dallhouse University, Canada

 

By John Richardson

THE incredibly smart way in which polyolefin producers have managed production since the great collapse of September 2008 continues to defy what appear to remain some very uncertain, and some …

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