Tag Archives | China economy

Oil Prices: How To Avoid “Rear-View Mirror” Thinking

By John Richardson

EARLIER this year I said that crude prices in the region of $30 a barrel were perfectly possible. Now, rather belatedly I feel, Goldman Sachs and other some other analysts are waking up to this possibility, with …

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China Polyethylene: Please Tread Very Carefully

By John Richardson

HAND on heart, how many of you saw the above slide coming? As you can see, China’s polypropylene (PP) self—sufficiency will have risen from 69% in 2010 to 82% in 2015. And by 2020, we forecast it …

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CEOs Need To Get Rid Of The “Fear Factor”

It now makes sense to reduce my number of blog posts to three a week – on Mondays, Wednesdays and Fridays – as the “argument” stage of the New Normal is much closer to being over. Far more people than …

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Propylene: How To Turn Oversupply To Your Advantage

The world has changed for good. Old ways of running petrochemicals businesses no longer work. Click here for details on an important new ICIS/International eChem study that will help you prosper in this radically different environment. And see below for …

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China, Polyolefins And The New Five-Year-Plan

By John Richardson

CHINA is still a planned economy, but everything doesn’t always work out as planned – hence the above chart, which shows that:…

Installed ethylene capacity will by the end of this year be around 3.5 million tonnes/year

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China’s Latest Rate Cut: At Long Last The Right Reaction

By John Richardson

HERE is the good news about China’s latest interest rate cut and reduction in its bank-reserve requirement: Most people are at long last seeing these types of measures for what they really are, which is an attempt …

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2016 Petchems Budgets: The Risks Of Expecting Even More

By John Richardson

WHEN you have had a terrific year your boss will often expect the following year to be even better. But what if the terrific year you have had is down to nothing more than good luck?

“When …

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Polyethylene Is Just Another Commodity – It Is Nothing Special

By John Richardson

THERE is a story circulating out there that polyethylene (PE) is a “special commodity” in that it is not tied to the downturn in other commodities that we have seen over the last year.

Whilst most people …

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China: Why Complacency Followed By Panic Hasn’t Helped….

…..AND WHY YOU NOW NEED MULTIPLE SCENARIOS

 

By John Richardson

FOR many, many years a small group of men who run China were viewed as uniquely competent because of the “economic miracle” that they had achieved. China’s approach to …

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Another Round of Fed Stimulus Now Even More Likely

By John Richardson

I am becoming more and more convinced that more of Albert Einstein’s definition of insanity – doing the same thing over and over again, but expecting different results – is on the way: A fourth round of …

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