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How To Battle For Value In Oversupplied Markets

By John Richardson

FOR the moment all is good, as the chart above illustrates, which details the premiums that C6 metallocene-grade linear-low density (LLDPE) have enjoyed over standard commodity grade C4 LLDPE in the key China market.

The October 2010 …

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The New World Of Demand, Trade And Competition

By John Richardson

TOMORROW nearly always ended up being better than today for the polymers industry, thanks to the resilience of demand growth during the Economic Supercycle.

What also made life easy was the assumption that global free trade would, …

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China And A Breakdown In Free Trade: Scenarios For Petrochemicals

By John Richardson

MY blog post last Friday, on the threat to the petrochemicals industry of a retreat in global free trade, has gained a great deal of interest. This is good as this is an essential debate.

Today I …

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As Global Free Trade Unwinds, Where You Have Built Becomes Critical

By John Richardson

THE assumption that global free trade will continue to grow has successfully underpinned the strategy of petrochemicals producers for many years. Companies have been able to plan new capacities in just about any location secure in the …

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New Global Economic Crisis: Timing Is The Only Doubt

By John Richardson

IT IS only a question of when rather than if there will be a further unwinding in all the global economic, social and political unbalances resulting from the end of the Economic Supercycle.

Sure, we might get …

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Financial Markets Miss A Bigger China Devaluation

By John Richardson

FINANCIAL markets are like children in that they are incapable of focusing on more than two things at once, according to according to Stephanie Flanders – JP Morgan Asset Management’s chief market strategist for Europe.

To justify …

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Oil Prices, Chemicals Markets Face Steep Declines

By John Richardson

THERE are three things you need to know about today’s global chemicals markets:…

Oil prices are now retreating back to quite probably below $30/bbl, and so of course there will be a chemicals destocking process.
But the

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The Blog Is On Holiday, Will Be Back On 25 July

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Brexit The Result Of Diminished Economic Opportunities

By John Richardson

THE above diagram is just a sample of the complexity facing Britain, the rest of the EU and the global economy following last Thursday’s victory by the Leave campaign.

And once you have studied the Credit Suisse …

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Britain’s EU Exit Vote Reflects Lack of Trust In Expert Opinion

 

By John Richardson

MOST politicians, central bank governors, economists and business leaders told everyone that there was no way that the US housing market could drag the world into a global financial crisis.

Then we were told that China’s …

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