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Asian Chemical Connections

HSBC: China 2013 Polyethylene Market Has Peaked

By John Richardson A NEW report from HSBC backs up our concerns that the post-Chinese New Year polyethylene (PE) will be weaker than in December-January. The bank is with us in thinking that the stronger markets over the last two months have been driven by: *Lagging indicators such as strong export and import data and […]

China SMEs Under More Strain

Source of picture: Rex Features   By John Richardson WE are worried that the recovery in Asia’s chemicals and polymer markets may not be sustained. One of our biggest concerns is that China’s small and medium-sized enterprises (SMEs), which make up 60% of the economy and are responsible for 80% of employment, are under more […]

China SMEs Under More Strain

Source of picture: Rex Features   By John Richardson WE are worried that the recovery in Asia’s chemicals and polymer markets may not be sustained. One of our biggest concerns is that China’s small and medium-sized enterprises (SMEs), which make up 60% of the economy and are responsible for 80% of employment, are under more […]

Nothing Has Changed In Japan

By John Richardson THE Nikkei Index has risen by more than 30% since November (see the chart below). Earlier this week, the Nikkei was at its highest level since September 2008.   Global stock markets are, in general, of course, on a roll. This is fantastic news for the day traders and the electronic traders, […]

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