Tag Archives | China

China’s Polyolefins Price Recovery: The Role Of Crude

By John Richardson

THE  above chart is a useful reminder of the role that crude prices has played in influencing the pricing of polyethylene (PE) and polypropylene (PP) in Asia since January of last year (I have picked just two …

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China Peak Steel And Chemicals Demand May Have Arrived

By John Richardson

EVERYONE involved in the iron ore business must be very worried about the recent speech by the new chairman of the China Iron & Steel Association.

“Under the ‘new normal’ China’s iron and steel consumption has already …

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Where Have All The Jobs Gone?

By John Richardson

POLITICIANS everywhere know that their chances of staying in office depend on how many jobs they can at the very least prevent from disappearing down the economic plughole.

Ideally, they also want to be able to lay …

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Please Plan Now For A Yuan Devaluation

By John Richardson

IF YOU haven’t already planned for the possibility of a substantial drop in the value of China’s Yuan then you have no more time to lose.

I suggest every chemicals company that finds itself in this situation …

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China By Itself Is Not A Strategy

By John Richardson

SOMETIMES a bit of data is worth many thousands of words – and so my choice of chart for today.

It shows that in one major petrochemical, polyethylene (PE), China’s imports in 2014 continued to hugely overshadow …

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China Versus The EU: What A Contrast

By John Richardson

IT is worth comparing what is happening in China today with what is happening in the EU.

First of all, in China we are seeing:…

A political leadership that has been honest enough to admit that China

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China: Counting The Cost Of Wrong Analysis

By John Richardson

VERY few people listened when I warned in November 2013 that China’s economy was about to enter a “New Normal” as a result of the biggest about-turn in economic policy that China had seen for at least …

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Asian Polyethylene: Inventory Losses Threaten Survival

By John Richardson

HERE are some observations, from several discussions with market participants this week, about what is happening in China’s key polyethylene (PE) market:…

If the oil price stays at $40-50 a barrel then payment collection from local customers,

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This Is No Way To Run Companies In The Future

By John Richardson

WHEN the history of 2015 is eventually written, there will no doubt be some petrochemicals industry executives who will say, “I simply didn’t see this coming”.

This will to some extent be disingenuous as for share price …

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2014: The Rear View Mirror

By John Richardson

MOST of my forecasts for 2014, which I made in this post on 30 December last year, look good in the rear view mirror.

I was right about credit availability being the single biggest issue for the …

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