Letting supply lead the way

Screen shot 2010-11-03 at 6.13.25 PM.png

By Malini Hariharan

Conventional wisdom suggests that it is best to build a plant where the market is. But can ready availability of material develop markets.

Take the case of India. In an interesting presentation at India Chem last week, …

Continue Reading

Polyolefins Supply Surge Warning – Yet Again


By John Richardson

A GREAT deal more polyolefins supply is expected to hit the Asian markets over the next few months resulting in what two chemicals analysts tell the blog will be depressed margins up until March next year.

After …

Continue Reading

Make hay while the sun shines

china garment.jpg

By Malini Hariharan

The petrochemical industry is all about making the most of unexpected developments and that is what we are seeing in paraxylene (PX) and purified terephthalic acid (PTA) markets.

Led by polyester, PX and PTA prices have risen …

Continue Reading

Flood Of LPG Supply On The Way


Here is another article on the liquefied petroleum gas (LPG) market, a subject we have covererd several times on the blog over the last few months.

Below we discuss how the temporary supply constraints that have kept LPG tight this …

Continue Reading

Supercycle Claims Dismissed

By John Richardson

THE Morgan Stanley Supercycle report, which we first blogged on last Friday, has created a big stir among the blog’s contacts.

 Click herefor a copy of the report RI_PETROCHEM_BLUEPAPER2010.pdf   

As we said in this ICIS news article on …

Continue Reading

Reliance’s polyester play


By Malini Hariharan

With Indian polyester demand growing steadily at 10%/year Reliance Industries has renewed its focus on expansions along the chain.

Projects that were put on hold after the 2008 economic crisis have been revived and deadlines set.

The …

Continue Reading

Capitalising on the cotton crisis



By Malini Hariharan

Cotton prices have hit a 140-year high on the ICE futures in the US creating room for further price hikes across the polyester chain.

Prices of paraxylene (PX), purified terephthalic acid (PTA), monoethylene glycol (MEG) and …

Continue Reading

Polyethylene And The Stories People Tell



…..quite possibly, yes, but it matters not what you say, only how you tell it


Source of picture: freelancefolder.com



By John Richardson

THIS poor mug might well have been the victim of rumours designed to move …

Continue Reading

Making Everyone Feel A Little Bit Middle Class


Far more choices now…

Source of picture: www.mhhe.com/business



By John Richardson

THE nature of demand growth in emerging markets is a subject the blog has paid some attention to over the last few weeks.

Taking advantage of this …

Continue Reading

Petrochemicals Supercycle On The Way – Morgan Stanley


Watch out for the charging bulls…


Source of picture: sbynewsblogspot.com


By John Richardson

A FEW senior industry executives told the blog as long as a year ago that a petrochemicals supercycle was on the way as a result …

Continue Reading