Tag Archives | eurozone debt crisis

A Dramatic Difference In Mood

By John Richardson

THE big difference in the mood at the ground level of certain parts of the petrochemicals industry compared with that of company board members and investors was thrown into further stark relief earlier this week.

As we …

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The Fear Factor Dominates

By John Richardson

EVERYWHERE you turn it is bad as fear over the future dominates the mood of polyolefin producers and buyers.

Aversion to risk seems to have increased because of the concern that this could be September 2008 all …

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Why China PE Demand Will Not Grow In 2011

By John Richardson

THE blog hears that some industry observers are persisting with the Supercycle theory for petrochemicals based on “decoupling” – i.e. emerging markets will compensate for any new recessions in the West.

We find this baffling as evidence …

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This Is Not Merely A Rough Patch

By John Richardson

IT was interesting to read late last week about how certain chemicals analysts still believe that the big slump in the sector’s share prices might merely be a rough patch, possibly just a correction.

In this same excellent …

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Demand Weakness Dominates

By John Richardson

A CAREFUL reading of all the major ICIS pricing reports covering olefins, polyolefins, aromatics and their derivatives over the last few weeks reveals very few mentions of the phrase “peak demand season”.

This time last year, the …

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There Is No Going Back

By John Richardson

“IF we build polymer capacity in India the demand will come,” a very senior industry executive told the blog last year. He amplified this statement by explaining that greater availability of plastics would always stimulate strong demand …

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September Will Be A Cruel Month

By John Richardson

SEPTEMBER is going to be a cruel month when the West returns from the summer holiday period and the extent of damage to chemicals and polymer demand becomes more apparent.

In Asia, temporary supply constraints in polyolefins, paraxylene (PX) and …

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China And Bouncing Dead Cats

By John Richardson

Fifty per cent of the blog (John Richardson) is on leave for the next two weeks.

Next week Paul Hodges will be posting on Asian Chemical Connections. Paul runs the ICIS Chemicals & Economy blog.Then from the …

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Place Your Bets – Who Is Right?

By John Richardson

DOW Chemical CEO Andrew Liveris said in a 27 July conference call that China’s industrial economy was still doing very well. “They’re managing themselves down very nicely,” he added, pointing to official GDP growth numbers of 8-9%, …

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China Chem Imports May Fall On Yuan Expectation

As cheap as chips 

 

Source of picture: europa.eu

 

 

By John Richardson

THE decline in the Euro has resulted in investors downgrading their expectations of a Yuan appreciation taking place over the next few months.

Last week, Yuan …

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