Tag Archives | China economy

PTA Set To Suffer in 2011-14

By John Richardson

THE last 18 months has been stellar for the polyester chain thanks to tight supply upstream in paraxylene (PX) and purified terephthalic acid (PTA), record-high cotton prices and a booming economy in China.

But all good times must …

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China Power Woes Hit Chem Output

By Malini Hariharan and John Richardson

The power crisis in China, highlighted in this post last month and yesterday, has worsened and is likely to affect economic output in the second quarter.

More than 10 provinces, including Zhejiang, Hunan, Anhui, …

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Supply Constraints Should Mean A Healthy China

By John Richardson

THE extent of the weakness in China ‘s polyolefins market has become more apparent as a result of reports that a much-anticipated increase in Middle East production hasn’t happened.

Back in February, oil production in Saudi Arabia …

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Middle East Petchem Producers Feel China Slowdown

By John Richardson

MORE evidence has emerged of a slowdown in demand for polyolefins in China following the sharp decline in March imports.

The Middle East is now feeling the pinch as a result of the impact of inflation and the reduced availability of …

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Old Growth Model Needs To Be Challenged

By John Richardson

Calling all chemicals investors: If you hear any presentation from any company out there that talks about an uninterrupted boom in growth in China, please, please start asking some searching questions. Please…..

We have so far yet …

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Broad Commodities Retreat Hurts Chemicals

By John Richardson

WE hate to say we told you so but the 15 per cent fall in oil prices last week – the steepest one-week decline in two-and-a-half years – was evidence of growing concern over the health of …

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Cotton Support For Fibre Intermediates Declines

By John Richardson

RISING cotton prices might well have been the single-biggest factor on the strength in the synthetic textiles chain for the last year.

Other major factors have obviously been the surge in crude and supply constraints in both …

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Dow’s Liveris On The Mark On China?

By John Richardson

Dow Chemical’s CEO, Andrew Liveris, was reassuringly upbeat about the state of demand in China last week when he described it as “quite robust” during an analysts’ call on the release of the company’s Q1 results

And …

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China Inflation Impact On Chemicals

By John Richardson

POLYETHYLENE (PE) prices were assessed stable-to-weaker by my colleagues at ICIS pricing late last week as Sinopec was reported to be evaluating a 10% reduction in operating rates.

Sinopec hardly ever cuts production on market conditions as …

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China’s Inflation Struggle

By John Richardson

LIKE the boy who cried Wolf the blog might not be believed as we once again warn about the risks ahead for China’s economy.

We have been worried for a long time that eventually China’s huge economic …

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