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Co-Monomer Shortage Provides LLDPE Respite

By John Richardson

AN enormous amount of new linear low-density polyethylene (LLDPE) output should, in theory, be destabilising Asian markets right now due to recent start-ups and increased production at plants brought on-stream last year and in early 2010.

But …

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China Polyolefins Growth Forecast To Slump

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By John Richardson

CHINA’s polyethylene (PE) and polypropylene (PP) demand growth is set for a dramatic decline in 2010-12, according to the latest estimates from Shanghai-based commodities information service CBI (see table at the end of …

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Commodity Stockpiles A Risky Bet

 

By John Richardson

Inventories of copper, aluminium, lead and nickel have risen as prices for all these commodities have also surged, says this article in The Economist.

 

Source of graph: The Economists

 

Copper stocks total half a …

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Polyolefins: A view from the ground

By Malini Hariharan

H2 is just two months away but one China-based market participant says that there is still a total lack of clarity on price direction for the rest of the year.

Buying activity picked up last week but …

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China Polyolefns: Trying To See Through The Data

 

Source of picture: www.wrh.noaa.gov/hnx/newslet/sum…mber.htm

 

By John Richardson

Hope springs eternal when it comes to trying to fathom the direction of the polyolefin market in China.

One particular hope rests on March import numbers from China Customs, due to …

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Surge in Saudi-US PE Exports Reported

Heading West,,Jeddah’s container port

 

Source of picture: http://ofwngayon.com/home/?p=257

 

By John Richardson

SABIC has increased its exports of PE to the US in response to high pricing and what could be weaker demand in China, a source with a …

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China: Playing the Devil’s Advocate

Jim Chanos gets it right more than 70% of the time (unlike Alan Greenspan)

 

Source of picture: New York Post

 

Somebody has to play the devil’s advocate, but having just finished reading Gillian Tett’s excellent Fool’s Gold about …

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Will crude oil revive PE markets?

By Malini Hariharan

Has the steady increase in crude oil prices last week prompted Chinese buyers to resume purchases? That is what a Shanghai-based distributor of Middle East product is hoping. And it is the only explanation that he can …

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China Polypropylene Market Tightens

By John Richardson

Polypropylene (PP) appears to have become very tight in China over the last week as a result of a reduction in import availability and a resurgence in buying activity.

“PP is incredibly tight right now because the …

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Muddled Messages Over Yuan Revaluation

 

Source of picture: www.thewecc.com

 

By John Richardson

Confusing messages continue to emerge from Beijing over whether a revaluation of the Yuan is imminent, a debate that has major implications for the chemicals industry.

The Financial Times reported this …

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