Tag Archives | China economic slowdown

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China’s Butadiene Gamble

Source of graph: http://www.economist.com/

 

By John Richardson

AN assumption is that China’s auto ownership will continue to rapidly expand and that, therefore, there will be a big need for substantial domestic expansions of butadiene and synthetic rubber capacity to make …

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China’s Lending Problems

By John Richardson

CHINA’s bank lending slumped by 41.3 percent in July from the previous month, the country’s central bank announced last Friday.

This was well below the median forecast of 14 economists polled by Dow Jones newswire, and added …

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Middle East-China MEG Exports Surge

By John Richardson

MONO-ETHYLENE glycol (MEG) exports to China rose to 4.12m tonnes in the first half of this year from 3.38m tonnes during the same period in 2011, according to data from Global Trade Information Services (GTIS).

The main …

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“The Worse Things Get…..”

 

Chart sourced from: http://www.financialsense.com/

 

By John Richardson

“THE worse things get the better they are,” continues to be the mantra in financial and commodity markets these days.

For example, China’s inflation slowed to 1.8 percent in July compared with …

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Dow: China GDP Growth 3-5 Percent

 

By John Richardson

DOW Chemical’s Andrew Liveris has changed his views on China as a result of an economic slowdown that seems to have taken many people by surprise.

“China’s economy has continued to decelerate as European exports suffered,” …

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South Korea “Denial” Continues

 

By John Richardson

EARNINGS estimates for South Korean petrochemicals companies for the full-year 2012 remain around 30 percent above where they should be because “most financial analysts remain in denial“, said an industry source.

A sign of how bad …

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Polyolefin Demand Remains “Very Weak”

 

By John Richardson

DEMAND remains “very weak” in China’s polyolefins markets, said a sales and marketing executive with a major Western producer.

“I am having real trouble justifying higher prices to my customers, which are partly the result of …

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China Bad Debts

In the first of a series of blog posts on the major challenges facing China’s economy over the next 12-18 months, we look at bad debts.

 

High stakes in Hangzhou. Source of picture: Wikimedia  

 

By John Richardson

A …

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KPMG Warns Of US Overcapacity

 

By John Richardson

A management consultancy has gone on the record to warn about what the blog has been warning about for months: That the US petrochemicals industry is in danger of pushing itself into oversupply.

KPMG, in a …

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June China Lending Disappoints

 

By John Richardson

POLYETHYLENE (PE) and polypropylene (PP) offer prices were reportedly on the rise across Asia earlier this week on increasing geopolitical tensions over Iran that led to a hike in crude prices.

“Butene-grade linear-low density (LLDPE) offers …

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