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“Fragile Five” Now “The Exposed Eight”

By John Richardson

IT used to be just the “Fragile Five” – Brazil, India, Indonesia, South Africa and Turkey.

But last week, the Financial Times, drawing on data and analysis from Schroders, added three more countries to the list of …

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The WTO “Bali” Deal Versus ASEAN Priorities

By John Richardson

WHY sacrifice national or regional growth for the sake of freer global trade?

This is a question the blog has been asking itself since the breakthrough last week at the World Trade Organisation (WTO) talks in Bali. …

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Less Rather Than More Petchems Free Trade

By John Richardson

A LOT of the talk at this year’s GPCA conference in Dubai was of the need for more free trade in petrochemicals.

There seems to be a risk that as more countries develop refinery and petrochemicals businesses, …

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Australia: Nice Work If You Were Able To Get It

By John Richardson

BACK in the late 1990s, the blog held a discussion with an Australian petrochemicals industry executive. He described his country’s approach to free trade, or rather the lack of it, as “to put it politely, naïve, and …

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The Hedgehog And The Fox

By John Richardson

Are there more hedgehogs in the chemicals industry than foxes? This thought came to the blog after meetings with industry executives this week during its latest visit to Singapore.

Bear with us and we will, we promise, …

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Asia Ex-China: The Outlook For 2014 And Beyond

By John Richardson

IN a special series of blog posts over the next few weeks we will re-examine the outlook for the major Asian petrochemical producing countries, ex-China. The posts won’t necessarily appear every day, as important news events may …

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Asia, The Fed And Swimming Naked

 

By John Richardson

WHEN the tide eventually goes out, we will find out who has been swimming naked.

This will also be the case in several emerging markets, ex-China, when the Fed eventually draws down its stimulus.

Hot money …

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Southeast Asia’s Export Dependency

Source: Petroleum Institute of Thailand

 

By John Richardson

THERE is a lot of excitement about the self-sustaining nature of Southeast Asia’s (SEA) economy thanks to, for example, nine consecutive quarters of GDP growth of more than 6% in Indonesia …

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PE Middle East Offers Keep Falling

By John Richardson

POLYOLEFIN markets are not going to bottom out until August-September at the earliest, according to several producers and traders who the blog spoke to yesterday.

And even if prices do eventually stop declining, confidence has all but …

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Chems Trade Finance Threat

By John Richardson

NEW banking regulations could severely restrict the ability of small and medium-sized (SMEs) companies to access trade finance. This would hit Asia particularly hard, as the majority of chemicals and polymer business involves SMEs.

Under the Basel III …

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