Tag Archives | China credit tightening

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Everything Is Going To Plan

By John Richardson

So far so good – everything is going to plan.

The flash Markit/HSBC China Purchasing Managers’ Index (PMI) for May fell to 49.6, slipping under the 50-point level demarcating expansion from contraction for the first since October last year and …

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“Known Unknowns” And China

By John Richardson

IF the blog had a dollar for every time we had read reports about Chinese growth being constantly buoyed by rising domestic income levels and increasing urbanisation, we would probably be as rich as a mid-level executive …

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Confidence Is Often Relative

By John Richardson

CONFIDENCE can be very relative. So, compared with late Q4 last year when global cracker and derivatives markets ground to a virtual halt, perhaps it was inevitable that January would see some kind of rebound in the …

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Forty Five Minutes On China

By John Richardson

CHINA’S GDP (gross domestic product) growth could fall to only 6.6 percent this year compared with 9.2 percent in 2011, warned Patrick Chovanec, an economist at the Tsinghua University’s School of Economics and Management in Beijing in …

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Investors Predict Strong Petchems Rebound

By John Richardson

POLYETHYLENE (PE) inventory levels are thought to be so low at the converter end of the business in China that a case is being made for a strong recovery in demand and pricing post-Lunar New Year.

A …

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The Risks Of Being An Outlier

By John Richardson

THE blog has been mystified throughout this year over why senior industry executives appear to remain “in denial” over the weakness of global petrochemicals markets.

Time and again we have heard the comment that the falls in …

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The Planning Process Gets Harder

By John Richardson

EARLIER this week we talked about the possibility that China might devalue the Yuan rather than allow it to further appreciate.

We have since been told by a senior chemicals industry source that this is exactly what …

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China Property Prices Down 30-50 Per Cent

By John Richardson

A BIG reduction in real estate prices is now underway in China, creating the potential for more property/chemicals traders to go bust.

The China Daily reports that home prices in suburban areas of Beijing, Shanghai, Shenzhen and …

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US And Europe Polyolefins Raise Exports

By John Richardson in Houston, Texas

DESPERATELY weak polyolefin demand in both the US and Europe is resulting in an increased focus on export markets.

The US market appears to be in particularly severe distress with, as we discussed last …

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LDPE No Longer A “Speciality Polymer”

The shoe might now be on the other foot (ouch…apologies)

 

Source of picture: http://5magazine.files.wordpress.com/2010/09/reebok_zigtech_5-570×5371.jpg?w=606&h=570

 

 

 

By John Richardson

NOT so long ago several major producers were evaluating new investments in low-density polyethylene (LDPE), as the almost-serious comment …

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