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Asian Chemical Connections

US Olefins, Polyolefins In Denial

  By John Richardson THE majority of financial analysts seem to be clinging on to the hope that the recovery in petrochemicals demand from China is about to happen. This doesn’t just apply to our industry. Analysts across many sectors appear to have staked their reputations on a return to the Old Normal of booming […]

Fingers Crossed For No Double-Dip Recession

    The Risk Of Exhausted Optimism Source of picture: http://www.thedigeratilife.com/blog/double-dip-recession/   By John Richardson Global polyethylene (PE) oversupply will be “challenging but manageable” over the next year-and-a-half provided there is no double-dip economic downturn, said Joe Duffy, consultant with DeWitt & Co. “My analysis suggests that if economic growth continues into 2011 at the […]

German World Cup Win And A Double-Dip Recession?

                                                                                                                Please, please not again… Source of picture: soccernet.espn.go.com     By John Richardson The dreadful state of China’s polyethylene (PE) market will last for at least the next two months as a result of the overstocking we talked about earlier this week and poor demand, two polyolefin traders told the blog today. And […]

Financial Sector Fear Looms Large

By John Richardson WE will explore the following issues in a lot more detail over the coming days, assuming that the crude and financial market turmoil continues. But for now here follows the interpretation of the crisis from a source with a major polyethylene (PE) producer. The themes are consistent with what we have been picking up […]

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