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Asian Chemical Connections

Dalian Reflects China-EU Risks

By John Richardson AT first glance it might seem strange that the Dalian Commodity Exchange’s linear low-density polyethylene (LLDPE) futures contract has fluctuated so dramatically on news emanating from the Eurozone. The May 2012 contract – the one most actively traded at the moment and therefore the one most closely watched by the market – fell […]

PTA And PX Keep Sliding

By Malini Hariharan Asian spot prices for polyester raw materials continued to fall last week as concern on lack of buying support from the China market where concerns about the health of the global economy dampened sentiment. Purified terephthalic acid (PTA) prices declined to a 11-month low dragged down by weak demand and falling values […]

More On China And Stimulus Hopes

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 it seems as if it is one of the few good news stories around. Other […]

Chem Companies And The Oil Delusion

By Nigel Davis and John Richardson On the financial markets it depends when investors feel confident enough to step back into shares. An analyst on Tuesday asked who would be willing to catch a falling knife? But there are already indications of a mini-rally following the slump on global markets of the past week. Stock […]

China To The Rescue Again? Unlikely….

By John Richardson AS the global economy enters a new recession the great hope, as we discussed yesterday, is that China once again steps in with a stimulus package as did in late 2008. But can China risk a repeat of the huge increase in bank lending, a key part of that stimulus package? The answer […]

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