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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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No Ethylene Margins Peak In 2016

 

By John Richardson

FORECASTS of European capacity closures and project delays and cancellations have led some financial analysts to the conclusion that there will be a peak in ethylene margins from 2016 onwards.

This will provide a few years …

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New Consensus Builds On Ethylene Supply Gap

By John Richardson

THERE seems to be a new consensus emerging over an ethylene capacity addition shortage between 2013 and 2017.

Many of the projects that are supposed to come on-stream during that period will either be delayed, or perhaps …

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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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Indonesia: Sweat It Out!

Jakarta at night (source of picture: Wikimedia)

 

By John Richardson

THE blog first visited Indonesia in October 1997, shortly after the onset of the Asian Financial Crisis, and was amazed to think that only a few months earlier, the …

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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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China Compensation

By John Richardson

A MAJOR Southeast Asian polyethylene (PE) producer has reduced its percentage of exports to China from 30-40% in 2012 to just 10% so far this year, a source with the producer told the blog on the sidelines …

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Taiwan Growth Underlines Long Term Shift

By John RichardsonEVIDENCE that China is no longer acting as the growth engine of the world, because it is too busy dealing with internal adjustments, is mounting.

For example, on Tuesday of this week Taiwan announced that its year-on-year Q1 …

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US Threat To Asian Polyolefins

So far so good…lack of arbitrage in 2012

By John Richardson

Despite a strong recovery in China’s polyethylene (PE) prices and sales over the last month-and-a-half, producers are viewing the coming year with great trepidation.

One of the wild cards …

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China Polyolefins Recovery Continues…..

…..For Now 

 

By John Richardson

RELATIVE to most of 2012 – when China’s polyolefins market was in dire straits – November, December and early January have been excellent for traders who took the right positions. At least one producer …

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