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Saudi Gas Shortage Will Last A Long Time

 

Goodbye to all of that

Source of picture: www.gas2.org

 

 

By John Richardson in Mumbai for the Asia Petrochemical Industry Conference (APIC)

EXISTING Saudi Arabian crackers will continue to run at less than 100% until the Kingdom’s oil …

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All mixed up in the West

By Malini Hariharan

The blog has been writing about the softening in olefin and polyolefin prices in the US. But the European market presents an interesting contrast offering arbitrage opportunities for those willing to take the risk.

Operating rate reductions …

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US-Asia PP Arbirtrage Remains Uncertain

By John Richardson

THE jury is out over whether the recent decline in US propylene prices will re-open arbitrage to Asia for polypropylene (PP).

Arbitrage for ethylene has remained strong with Dow Chemical disclosing that 20% of its US production …

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China Muddle And Confusion Continues

By John Richardson

The muddle and confusion that has characterises forecasts for Chinese chemicals demand continues – and with all this persistent uncertainty comes a great deal of nervousness about volumes in the second half of 2010.

So far so …

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China Chems Liquidity Boost To Continue?

Lots more empty ones like these?

Source of picture: http://www.chrismartenson.com

 

By John Richardson

THE dramatic increase in China’s money supply during 2009 – the result of an estimated 10 trillion Yuan increase in lending over the previous year – might …

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China: Yet More Record Imports

By John Richardson

The extraordinary China import story continues, raising yet more questions about where all these volumes are going at a time when the government is trying to cool the economy down.

Does this mean that speculation continues apace …

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US Olefins Price Falls Could Be Turning Point

Flagging-up the dangers…

Source of picture: http://www.illusionsofdander.com/2007/08/car-dealerships-and-flag-companies-may.html

 

By John Richardson

THE recent 22% and 18% falls in US spot ethylene and propylene prices might be a sign that this yeat’s price rallies have been more the result of stronger crude and petrochemicals re-stocking …

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Changing expectations

By Malini Hariharan

A turnaround in petrochemical fortunes in the US, as a result of falling gas prices, means that Dow Chemical is willing to wait to get the best value for its basic chemicals business.

At an earnings call …

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Was The Chinaplas Optimism Justified?

Too good to be true?,.,,,,,

Source of picture: http://www.arico.tw/en/index.php

 

 

By John Richardson

I VISITED the Chinaplas plastics exhibition in Shanghai late last month and was greeted with a wall of unremitting optimism.

Here are a few samples of …

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China Chlor-alkali A Real Industry Still Struggling

By John Richardson

The mood on the proverbial factory floor can be very different to that in buoyant stock and other commodity markets as the impact of the economic crisis lingers, with the chor-alkali to vinyls industry in China just …

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