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China Polyolefns: Trying To See Through The Data

 

Source of picture: www.wrh.noaa.gov/hnx/newslet/sum…mber.htm

 

By John Richardson

Hope springs eternal when it comes to trying to fathom the direction of the polyolefin market in China.

One particular hope rests on March import numbers from China Customs, due to …

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Surge in Saudi-US PE Exports Reported

Heading West,,Jeddah’s container port

 

Source of picture: http://ofwngayon.com/home/?p=257

 

By John Richardson

SABIC has increased its exports of PE to the US in response to high pricing and what could be weaker demand in China, a source with a …

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China: Playing the Devil’s Advocate

Jim Chanos gets it right more than 70% of the time (unlike Alan Greenspan)

 

Source of picture: New York Post

 

Somebody has to play the devil’s advocate, but having just finished reading Gillian Tett’s excellent Fool’s Gold about …

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Muddled Messages Over Yuan Revaluation

 

Source of picture: www.thewecc.com

 

By John Richardson

Confusing messages continue to emerge from Beijing over whether a revaluation of the Yuan is imminent, a debate that has major implications for the chemicals industry.

The Financial Times reported this …

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IOC moves ahead with Panipat cracker

By Malini Hariharan

Commissioning activity at Indian Oil Corp’s (IOC) new cracker and derivatives complex at Panipat, India, is progressing well, according to a company source. Operations at the new 857,000 tonnes/year cracker have started.

“Onspec propylene is in the …

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US Optimism Needs To Be Tempered

Flagging Recovery

Source of picture: www.guardian.co.uk

 

By John Richardson

THE latest US Institute of Supply Management survey signalled a buoyant manufacturing sector, in line with likely Q1 GDP (gross domestic product) growth of 5%, says the latest Weekly Chemistry …

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China Chemicals Review And Outlook

Source of picture: www.destination360.com

 

Dear Reader

Please click here – ChinaChems2009AndOutlook.doc for my review of what happened in China last year and Q1 2010 and for some pointers for the rest of this year.

All the bestJohn Richardson…

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Speed Of China’s Growth Triggers New Official Warning

By John Richardson

The chairman of China Construction Bank has spoken about the dangers created by China’s GDP (gross domestic product) expanding by more than 9.5% in 2010, which, according to many analysts, seems highly likely: GDP is estimated to …

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China Polyolefins – A Bad Case Of Indigestion

By John Richardson

IT IS always dangerous to assume that the future will be exactly the same as the past – a big lesson from the recent financial crisis.

But so seems to have been the assumption amongst China’s polyolefin …

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A view from the West

By Malini Hariharan

The Asian olefin and polyolefin markets have softened in recent weeks but the US market remains on a different track, as seen in these reports filed by my colleagues on ICIS news.

Ethylene prices are still firm …

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