West To Exert More Cost Pressures

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The US back-to-school buying season

Source of Picture: theglobeandmail.com

As regular readers will remember, last Friday I linked through to this article from the New York Times on the likelihood of a disappointing back-to-school sales season in the US.

I …

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Dalian Swings In Favour Of The Buyers

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Polyolefin producers doing RMB business in China were delighted when price increases on the Dalian Commodity Exchange linear-low density polyethylene (LLDPE) futures contract started leading the physical market on the way up.

“We used the exchange to justify charging higher …

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The more you look at the data…..

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Deep in the heart of the great wealth gap

Source of picture: Blogmlive.com

….the more convincing seems to be the argument that financial and commodity markets have got way ahead of the recovery in the real economy.

Take a recent …

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Benzene the barometer?

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Source of picture: Wikipedia

Because benzene has so many end-uses it’s widely seen as a pretty good barometer for the overall health of the industry.

As C6 led the recovery last time are recent declines a sign of another broad-based …

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China petchem output up, textiles down

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The Canton Trade Fair

Source of picture: Blawg.lehman.com

This interesting article from Bloomberg says that while petrochemical output in China rose in August, textile production actually contracted.

We don’t as yet have any breakdown for specific petrochemicals.

If the overall …

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Benzene heads south – as predicted

Back from less-than-sunny Perth to discover that the prediction from my good friend and colleague Paul Hodges at International eChem has come true: Benzene has headed south because of:

1.) The rise in its pricing seems to have been out-of-kilter …

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Off to Oz again so no entries for the next week

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No, I can’t do this

Source of picture: perthperth.com/surfing/bodysurfing

Dear Reader,

Off to Australia for a week’s leave so no more entries and so will post again from 31 August.

Fair Dinkum

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How do Asian cracker operators compete?

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Source of Picture: www.autospies.com

Not an easy answer and not one much suited to a few paragraphs of blogging.

But here’s one thought as the competitive environment becomes a great deal more difficult due to new Middle East capacity and …

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The Philippines: Left With the Crumbs

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“Here’s your entire allocation for this month”

Source of Picture: Adammakwright.wordpress

In the words of a plastics converter from the Philippines: “Markets are so tight at the moment that we are left to pick up the crumbs. Suppliers are concentrating …

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Even China Polyester Rates Rise

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Source of Picture: ChinaMonthlyReview.Org

Polyester operating rates in China have started to rise on anticipation that the global economic recovery has arrived, according to Leonard DeGuzman, chemicals consultant with DeWitt & Co.

Is this another example of a dangerous price …

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