By Malini Hariharan
The Chinese government’s efforts to control inflation are showing no signs of yielding results.
The National Development and Reform Commission (NDRC) admitted yesterday that the government was finding it difficult to achieve its full-year inflation target of below …
By John Richardson
THE fact that the focus has turned to what China might be able to do to once again rescue the global economy reinforces just how important it has become for global growth prospects.
For the chemicals industry …
By John Richardson
DESTOCKING is obviously not the main driver of the decline in China’s polyolefins market, despite what a dwindling band of optimists are still arguing.
The glaringly transparent reason for the fallacy of the fading belief is a …
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 …
By John Richardson
I HAVE been speaking to my colleagues who attended this week’s NPRA conference in San Antonio, Texas, and it didn’t appear from discussions during the event that a potential slowdown in China was high on anyone’s radar …
By John Richardson
CHINA’S polyethylene (PE) market is in such a bad state that re-exports are now being considered to Europe.
The wide disparity between a flat China market and strong pricing in European has created this exceptionally rare arbitrage …
Source of piicture: worldofstock.com
By John Richardson
CHINA’S surprise decision earlier this week to raise interest rates – the first rate rises since December 2007 – has badly dented sentiment in the polyethylene (PE) …
Source of picture: the-office.com
By John Richardson
A FURTHER illustration of the Alice in Wonderland world of financial investors versus the fundamentals of real demand was provided by the Dalian Commodity Exchange earlier this week.
“Some investment …
Source of picture: www.chinadigitaltimes.net
By John Richardson
HOPES for strong China chemicals and polymer demand growth in H2 partly rest on government stimulus money for infrastructure projects compensating for a weakening real-estate sector.
Whether its direct consumption …