Tag Archives | China commodities

China: The Hammer Falls On BOPP

By John Richardson

Biaxially oriented polypropylene (BOPP) films capacity in China has risen to three times the country’s annual demand,  said a source with a global polyolefins producer.

Watch this space for the actual data as this is still work …

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China’s Polyethylene Data: Credible Answers Required

By John Richardson

THE extraordinary data on China’s polyethylene (PE)  market will not go away. We need credible answers.

To begin with:…

Imports were up by 20% in H1 2014 compared with the same period last year, according to Global

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China Commodities: Fool’s Gold

By John Richardson

GILLIAN Tett’s splendid book about the root causes of the global financial crisis, Fool’s Gold, talks about “silo thinking”. Regulators, politicians and supposed financial experts had deep expert knowledge in their chosen fields, but lacked the ability …

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China’s “Whack-A-Mole” To Accelerate

By John Richardson

Mono-ethylene glycol (MEG) is the latest petrochemicals product to be caught up in real estate-linked collateral trading, an industry observer recently told the blog.

“To some extent, MEG has been bought not for real demand, but instead …

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China Polyethylene Demand Up By 25%

By John Richardson

WHEN something appears to be good to be true, it usually is.

Back in 2009, China’s demand for polyethylene (PE) increased by more than 20% – way above the increase in GDP – because of just about …

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Irrationality And Staying Solvency

By John Richardson

JOHN Maynard Keynes, the famous economist and speculator ,  once said “the market can stay irrational longer than you can stay solvent.”

In other words, if you are a trader you can sit around for ages waiting …

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Adjusting Inventories To Lower China Growth

By John Richardson

EXCESSIVE inventory building across a range of commodities in China, including  petrochemicals, continues to worry the blog.

One reason, as we discussed yesterday, might be that traders are in the midst of a liquidity squeeze as a …

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