Tag Archives | China economy

Polyolefin End-users Assume The Risk

By John Richardson

POLYOLEFIN end-users in China and Southeast Asia began to re-stock in significant numbers last week on anticipation that supply is going to remain tight for the next few weeks at least, the blog has been told.

“There …

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The US Debt Crisis And Asian Chemicals

By John Richardson

THE consequence of either a failure by the US to raise the debt ceiling and/or a downgrading of the country’s Triple A debt rating would have obviously have serious consequences for the Asian and global chemicals industries.…

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Cosy Platitudes Are Not Enough

By John Richardson

DO you trust your government to always get it right?

The answer in the case of the West is “of course not”, but in China’s case the publicly-expressed assumption still holds that the economy is being effectively …

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China Chemical Imports Fall On Affordability

By John RichardsonChina’s petrochemical imports continued to decline in June on tight credit conditions and price rises that deterred consumers, according to our colleagues at ICIS news.Linear-low density polyethylene (LLDPE) imports fell by 18% month-on-month and 3% year-on-year, for example. …

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The Edginess, The Nervousness Continues

By John Richardson

THE edgy and nervous nature of the recovery in Asian polyolefin markets became even more apparent from discussions the blog held with traders and producers during a visit to Singapore last week.

Such was the uncertainty that …

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Polyolefins At A Tipping Point

By John Richardson

EUROPEAN polyolefin markets are at one of those fascinating tipping points following the recent price recovery.

Ethylene spot prices rebounded late last week with July sales much better than those in June, wrote Nel Weddle, European ICIS pricing …

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Saudi Petchem Production Threatens Recovery

By John Richardson

RISING oil production in Saudi Arabia has resulted in bigger volumes of polyethylene (PE) being delivered into Asia-Pacific markets, a source with a major plastics processor told the blog late last week.

“Saudi Arabia has definitely, in …

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The China Inflation Muddle

By John Richardson

THE fascinating, but also at the same time frustrating, complexity of the Chinese economy has been thrown into further relief this week in the debate over the implications of the June 6.4% inflation rate.

The rate, the …

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Europe Not Clutching At Straws

By John Richardson

EUROPEAN ethylene and polyethylene (PE) market participants seem a million miles away from buying into the idea that the recovery in Asia is sustainable.

This is a realistic view following last week’s interest rate rise in China, the …

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Living In Hope Rather Than Expectation

By John Richardson

HOPEFUL theories espoused by traders can sometimes sound a little hollow – as was the case with the one doing the rounds in Asian polyolefin markets late last week.

“We think the latest interest rate rise in China …

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