Butadiene – will the good times last?

By Malini Hariharan

A question that every butadiene buyer has been asking for a long time is when will prices ease?

There are no signs yet although buyers are threatening to cut production.

Butadiene rose by more than $200/tonne last …

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The Chemicals Party Is Over

By John Richardson

IT has been a fantastic party. Nobody expected that the drinks would last for so long, thanks to Wen Jiabao and Ben Bernanke working overtime to man the 24/7 off-licence (it is called “liquor store” in the States …

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Petchems Could Enjoy Abundant Naphtha

By John Richardson

THE refining industry enjoyed a golden era before the global economic crisis thanks to a booming economy and gasoline shortages caused by Hurricane Katrina. Inevitably, therefore, as is so often the case with commodity industries, too much …

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China Inflation Impact On Chemicals

By John Richardson

POLYETHYLENE (PE) prices were assessed stable-to-weaker by my colleagues at ICIS pricing late last week as Sinopec was reported to be evaluating a 10% reduction in operating rates.

Sinopec hardly ever cuts production on market conditions as …

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China’s Inflation Struggle

By John Richardson

LIKE the boy who cried Wolf the blog might not be believed as we once again warn about the risks ahead for China’s economy.

We have been worried for a long time that eventually China’s huge economic …

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China outlines shale gas ambitions

china shale gas.jpg

By Malini Hariharan

With all the buzz around shale gas in the US the blog is not surprised to read that China is also turning to this unconventional source of gas.

The country is looking to start shale gas production …

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US Petchems Overconfident On Shale Gas

By John Richardson

THE soaring confidence of the US petrochemicals industry over abundant ethane feedstock from shale gas could end up being colossally misplaced, as we have discussed before on the blog.

America is the most NIMBY (not in my …

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Broad Commodities Sell-off Beckons

By John Richardson

THE blog remains extremely worried that there is about to be a major sell-off of commodities in general, including petrochemicals, as conditions right now feel very similar to those in 2008.

Whether we will face a systemic …

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China market problems persist

By John Richardson

WHILE ethylene prices rose to a 14-month high last week on very expensive oil and the Shell Chemicals outage in Singapore, the ICIS pricing C2 margin report calculated a staggering $134/tonne fall in Northeast Asian margins. Rising …

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India PVC imports set to grow

By Malini Hariharan

The outlook for polyvinyl chloride (PVC) in India is bright was the conclusion at the end of last week’s Vinyls-India 2011 conference in Mumbai.

Plenty of indicators were put up to justify this conclusion. India’s per-capita consumption …

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