Tag Archives | Boom

Asia’s Naphtha Crackers

By John Richardson

ONE industry observer describes some of the cracker and refinery-petrochemicals projects in Southeast Asia (SEA) as “national projects”. In other words, their justification is not entirely on economics, but also about nation building and reducing import dependency.…

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Goldman Sachs Changes Its View On Oil

By John Richardson

OUR blogs are awarding themselves a pat on the back today. The reason is that investment bank Goldman Sachs, the largest player in commodity markets, has completely reversed its analysis of oil markets. They now accept our …

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BBC News Warns On China’s Demographic Crisis

A major new report from BBC News suggests that “China’s economic model is in danger” due to its rapidly ageing population.It reaches exactly the same conclusions as in our Boom, Gloom and the New Normal ebook. Chapter 6, published in …

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As Oil Rises Demand Weakens

By John Richardson

A barrel of Brent crude oil cost $88.49 a barrel in June. Yesterday, it was trading at $116.55 a barrel.

In the intervening period the global economy has substantially weakened, most notably in the case of China, …

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China’s Demographic Crisis

          

           Chinese govt poster promoting the one-child policy  

 

 

By John Richardson

IF all you can remember is strong emerging markets growth, then it is easy to be misled into only building into your scenarios the notion that China and …

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France’s Difficult Future

By John Richardson

Francois Hollande, who has the won the French presidential election, talks about cutting the retirement age to 60 from 62 for people who have worked for 41 years.

This is a handy slogan for an election campaign.…

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Further China Evidence

By John Richardson

FURTHER evidence of weakness in the Chinese economy has emerged via the polyolefins market.

In an excellent Insight article, my ICIS colleagues Chow Bee Lin and Peh Soo Hwee say that China’s plastics processors are resisting additional …

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New Policies Needed To Restore Growth

Politicians seem to be floundering as they seek to restore growth to the Western economy. Their prescriptions swing between austerity and economic stimulus as they argue over what has gone wrong.

But in chapter 10 of our Boom, Gloom & …

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Oil Prices And Demand Destruction

By John Richardson

THE danger that high oil prices pose to the global economy, and therefore, of course, petrochemicals demand, has been highlighted by a new report from HSBC.

It makes the point that quantitative easing, which has led to …

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Morgan Stanley Bullish Again

By John Richardson

MORGAN Stanley has once again produced a very bullish forecast for China’s polyethylene (PE) market.

The investment bank was famous for devising the SuperCycle theory in late 2010. It failed to take into account clear signs that 2011 was going …

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