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“Middle East To Control Basic Chems In 3-5 Years”

Abu Dhabi ahead in the race?

Source of picture: www.gulftrackservices.com

By John Richardson

The global basic chemicals industry is likely to end up under the dominant control of the Middle East, and possibly Asia, within the next 3-5 years, a …

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Disappointment in India…speculation on Rabigh

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections)

The 17 Nov public hearing arranged by the Indian government at Delhi to discuss provisional anti dumping duties levied on PP imports from Saudi Arabia, Singapore and Oman …

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A Chilling Chinese Export Rumour

 ”They are so cheap, I might even buy one as a hedge against global warming”Source of picture: www.formalwilderness.blogspot.com

 

This blog has spent a lot of time tormenting itself over the sustainability of China’s extraordinary economic rebound during 2009.

“Just …

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US Dollar Carry Trade Threat To Chemicals

Stay cool and don’t panic!

Source of picture: www.wired.com

 

 

By John Richardson

THE growth of the carry trade US dollars – leading to a sharp depreciation of the greenback and possibly of many other unintended consequences – represents …

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Naphtha Highest Level For More Than A Year

 Shelf-space to be in short supply again?

Source of picture: www.zrdata.com

 

ASIAN naphtha prices hit their highest level for more than a year yesterday – reaching $701/tonne CFR Japan for second-half December open-spec material on “improved market conditions”.

Earlier this …

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Reliance-LyondellBasell talks resurface

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections)

Talk of Reliance Industries acquiring LyondellBasell is once again gaining momentum. A report in today’s Economic Times says that the company is close to announcing a major overseas …

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A fight to the finish

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections)

The Indian government has announced 17 November as the date for a public hearing to discuss the provisional anti dumping duties that it had imposed in June on …

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Time to look inward

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections)

It pays to have a domestic focus and Reliance Industries has shown this again in its results for the first half of fiscal 2009-10.

Its petrochemicals division delivered …

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To Cut Rates Or Not To Cut…

A Famous Ditherer

Source of picture: sarafinewordpress.com

 

Chasing higher oil prices and/or a response to the now long-running recovery in Chinese demand that’s become sustainable?

Not wanting to sound too much like the start of a famous Shakespeare soliloquy, …

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A fresh vote of confidence for the DCE

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections)

It helps to have a commodity bull on your side and that’s just what the Dalian Commodity Exchange (DCE) has succeeded in doing. Jim Rogers, the noted investment …

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