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Asian Chemical Connections

Chemicals And Polymer Prices Behave As We Predicted

By John Richardson AS the blog had anticipated would happen, there were sharp retreats in some chemicals and polymers pricing late last week on the steep declines in equity and crude prices. Polyethylene (PE) fell by $70-130/tonne, according to our colleagues at ICIS pricing, as the Dalian Commodity Exchange once again demonstrated that it has become […]

Facts, Fiction And Price-Rise Sustainability

Source of picture: tycoonreport.com     By John Richardson This is a very dangerous time for petrochemicals producers as they attempt to separate real, sustainable demand from feedstock-cost related price rises and speculation. A bubble – as we discussed yesterday – seems to have formed in purified terephthalic (PTA) and, according to ICIS news, in […]

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