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China Polyethylene: Please Tread Very Carefully

By John Richardson

HAND on heart, how many of you saw the above slide coming? As you can see, China’s polypropylene (PP) self—sufficiency will have risen from 69% in 2010 to 82% in 2015. And by 2020, we forecast it …

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Deflation, Customer Cost Cutting And Polyolefins

By John Richardson

MOST of the world’s top ten chemicals producers reported lower sales for Q3 2015, but saw their profits improve on lower oil prices.

Sticking to the sector which I follow closely, which is polyolefins, this is down …

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Saudi Arabia and Oil: A Lesson For Polypropylene

By John Richardson

POLYPROPYLENE (PP) producers and their customers, the plastic converters, are on the cusp of a great opportunity.

Let’s start with the producers. The potential for low-priced propylene for several years to come will push PP prices down, …

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Not Since1992 Has Propylene Been So Cheap Versus Ethylene

By John Richardson

EVER since we first started assessing Northeast Asia ethylene and propylene CFR spot prices, which was in November 1992, the market has never been like this. Propylene has never traded at such a big a discount to …

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Cheap Oil Will Help You Sell A Million Tonnes Of Ethylene

By John Richardson

TOMORROW’S winners will be those who recognise that oil, oil products such as gasoline and diesel and chemicals markets have changed for good.

They will understand that this has generated a whole range of new opportunities to …

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Propylene: How To Turn Oversupply To Your Advantage

The world has changed for good. Old ways of running petrochemicals businesses no longer work. Click here for details on an important new ICIS/International eChem study that will help you prosper in this radically different environment. And see below for …

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Polyethylene: Seeing The Wood Along With The Trees

By John Richardson

THE Asian polyethylene (PE) business might be tempted to continue to think, “Crisis? What crisis?” (bear with me. When we have dived down into the details, the above chart will make sense to you).

Integrated naphtha-based high-density …

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Electricity And Freight: Measuring Up To The New China

By John Richardson

FIRST of all they were brilliant, almost omnipotent, and so China represented a constant “long” option: Just shove more and more money in that direction and you were guaranteed to enjoy fantastic returns.

The handful of middle-aged …

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Global Polyethylene: Short And Long-Term Outlook

By John Richardson

THE above chart indicates just how good margins have been in the global polyethylene (PE) business so far this year.

Taking just our assessments of integrated  high-density PE (HDPE) margins as an example, you can see that:…

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Asian Ethylene Markets: What We Definitely Know

By John Richardson

FORECASTING the absolute future price of any petrochemical has always been difficult and if you are ever exactly right this will be down more to good luck than good judgement.

And the problem is that when you …

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