Archive | Japan RSS feed for this section

The Failure Of Abenomics Should Be No Surprise

By John Richardson

The steepest  decline in Japanese industrial production since March 2011 has shocked some commentators. We cannot understand why.

“Industrial output dropped 3.3% in June from May, the trade ministry said today in Tokyo, more than twice the …

Continue Reading

China’s About Turn: The Seven Global Implications

By John Richardson

HISTORIANS will end up concluding that falling emerging market currencies and stock markets – the prelude to what could be a full-blown crisis –  is really about China and not about the US Federal Reserve. The Fed …

Continue Reading

Dow And Commodities-Specialities Integration

 

By John Richardson

IS diversification itself a problem in commodity chemicals and speciality companies with operations under one roof, or is it more how this diversification is handled?

This is a question raised by this excellent Insight article, from …

Continue Reading

Gas, Gas, And Perhaps Even More Gas

By John Richardson

THE global petrochemicals industry is stepping on the gas as it accelerates both capacity expansions and the restructuring of existing assets. Apologies for the pun.

In the US, of course, some 25m tonnes/year of ethylene capacity is …

Continue Reading

The Perils Of An Even Weaker Yen

By John Richardson

YOU cannot turn 65-year-olds into 35-year-olds, no matter how much central bank stimulus you throw at the problem.

This is why the real, underlying problem with Japan is its demographics which make all the current attempts to …

Continue Reading

Iran-West Nuclear Deal Could Boost Naphtha Cracking

By John Richardson

THE blog has met many Iranian delegates during its seven years of working for ICIS Training and visited the country a couple of times during the early 2,000s. We love the people and the country, but not …

Continue Reading

China PE Imports: A Long-Term Outlook

 

By John Richardson

THE chart below is worth revisiting, and pondering again, as we attempt to assess the future of polyethylene (PE) exports to China.

In the case of the Middle East, as the chart shows, it has been …

Continue Reading

Asia Ex-China: The Outlook For 2014 And Beyond

By John Richardson

IN a special series of blog posts over the next few weeks we will re-examine the outlook for the major Asian petrochemical producing countries, ex-China. The posts won’t necessarily appear every day, as important news events may …

Continue Reading

China Market Intelligence Still Contradicts PE Demand Rise

By John Richardson

The debate continues as to exactly why polyethylene (PE) apparent demand (domestic production plus imports) in China rose by 13% in January-June of this year compared with the same period in 2011.

Why the anxiety? Because most …

Continue Reading

China’s Reform Process Jeopardised

By John Richardson

LAST week’s decision by China to give its banks the freedom to compete for borrowers, by removing the floor on lending rates, has been praised by most analysts.

“This is one of the biggest steps they could …

Continue Reading