Tag Archives | China polyolefins

China’s New Stimulus Package: What It Means For Chemicals

By John Richardson

CHINA’S petrochemicals markets are likely to enjoy a confidence rally as a result of yesterday’s announcement of a mini economic stimulus package.

The details of the stimulus package include:…

More railway construction.  The State Council released plans

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The Hedgehog And The Fox

By John Richardson

Are there more hedgehogs in the chemicals industry than foxes? This thought came to the blog after meetings with industry executives this week during its latest visit to Singapore.

Bear with us and we will, we promise, …

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China’s PE Cycle Repeats Itself

By John Richardson

THE above chart shows that China’s polyethylene (PE) demand growth has been well below that of overall GDP for most of the years between 2006 and 2012.

This supports the argument that economic growth has been too …

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Polyolefins And Euro 2012

 

By John Richardson

ASIAN polyolefin traders have little else to do apart from betting on the Euro 2012 soccer championships because of dismal demand, said a Singapore-based trader.

“This is the worst I can remember in 10 years in …

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An All Mighty Dalian Muddle

By John Richardson

UNDERSTANDING the Dalian Commodity Exchange’s futures contract in RMB-priced linear low-density polyethylene ((LLDPE) requires an understanding of what the traders are up to at any particular point in time, as this is almost entirely a speculators’ market.

So, …

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Dalian Reflects China-EU Risks

By John Richardson

AT first glance it might seem strange that the Dalian Commodity Exchange’s linear low-density polyethylene (LLDPE) futures contract has fluctuated so dramatically on news emanating from the Eurozone.

The May 2012 contract – the one most actively traded …

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December Polyolefin Price-Rise Bid Will Fail

By John Richardson and Malini Hariharan in Shanghai

A TWO-TIER China polyolefin market had developed in China over the last couple of years – but the $64,000 question right now is: At which of these two levels will most business …

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Ouch! China High Inventories At Worst Possible Time

Is The China Party Over? Hope you’ve got plenty of aspirin..

Source: The Daily Telegraph

 

By John Richardson

Apologies to our readers for a fairly quiet week on the blog this week – my fellow blogger Malini and I …

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Co-Monomer Shortage Provides LLDPE Respite

By John Richardson

AN enormous amount of new linear low-density polyethylene (LLDPE) output should, in theory, be destabilising Asian markets right now due to recent start-ups and increased production at plants brought on-stream last year and in early 2010.

But …

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China: Playing the Devil’s Advocate

Jim Chanos gets it right more than 70% of the time (unlike Alan Greenspan)

 

Source of picture: New York Post

 

Somebody has to play the devil’s advocate, but having just finished reading Gillian Tett’s excellent Fool’s Gold about …

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