Fresh US sanctions to target Iran petchems

By Malini Hariharan

The US is looking to introduce fresh measures targeted at the petrochemicals industry.

The specifics of the new sanctions are not yet available but the goal, says this report, is to bar foreign companies from doing business …

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India PO demand set to decline

By Malini Hariharan

The last two weeks has seen a recovery in Indian polyolefins demand led by developments in China.

Prices of PE and PP have risen sharply and traders expect the uptrend to continue for the next couple of …

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China’s Debt Problems

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By John Richardson 

Fellow blogger Paul Hodges made  a convincing case in a post on Tuesday that China’s economic model faces some major challengs. 

“It seems increasingly clear that China‘s economic policy took a wrong turn 10 years ago, when it …

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Chemicals Companies Sleepwalking Into 2012

By John Richardson

CHEMICALS companies appear to be sleepwalking into a crisis as bad as 2008 because they have sacked their in-house economists and take what they want to hear from official bodies such as the Federal Reserve, the International Monetary …

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Dalian Reflects China-EU Risks

By John Richardson

AT first glance it might seem strange that the Dalian Commodity Exchange’s linear low-density polyethylene (LLDPE) futures contract has fluctuated so dramatically on news emanating from the Eurozone.

The May 2012 contract – the one most actively traded …

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China’s Precarious Balancing Act

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Him again…..Jim Chanos

Source of picture. www.marketfolly.com

 

By John Richardson

THE Chinese government is playing a perilous game at the moment as it tries to undo damage caused by economic stimulus.

As it grapples with attempting to lower property …

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It’s Always Helpful To Have A Plan

By John Richardson

THERE are four major reasons why the first three quarters of 2011 have been excellent for chemicals companies, which are:

1.) Strong co-product credits have supported what have been weak commodity-grade polyolefin markets since March of this …

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India to export more benzene

By Malini Hariharan

Indian exports of benzene are set to rise over the next few years as new plants start up.

“India will remain in a net surplus position over the next five years and exports will continue, with [benzene] …

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Polyester still booming

By Malini Hariharan

The blog has been listening to some interesting presentations on the polyester chain at the Indian Petrochem – 2011 conference in Mumbai.

The global economic slowdown does not appear to have dampened prospects for polyester demand.

“Demand …

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Restocking lifts polyolefins prices

By Malini Hariharan

Polyolefins prices in the key China markets inched up last week thanks to an uptick in buying activity.

Prices of high-density polyethylene (HDPE) blow moulding and film grades moved up $20/tonne while linear-low density PE prices were …

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