Tag Archives | Eurozone economy

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The End Of Growth

By John Richardson

OUR e-book, Boom Gloom & The New Normal, is a set of ideas meant to challenge conventional wisdom.

Some of our ideas will need to be adapted and discarded.

But our essential point is that the New Normal represents …

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No More Of This…

By John Richardson

THE big hope is that once China returns from its National Holidays (1-7 October), petrochemicals markets will enjoy a big and sustainable recovery.

It is not going to happen.

Throughout this year, the hope has been that the …

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Managing European Volatility

By John Richardson

THE blog was in Amsterdam this week for an ICIS training event involving delegates who were European chemicals and polymer buyers.

They had one overriding question for us: “How on earth do we manage the extreme volatility in …

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China Politics Before Economics

By John Richardson

CHINA’S manufacturing activity did, at least, stabilise in September after hitting a nine-month low in August, according to the latest preliminary HSBC manufacturing purchasing managers’ index (PMI).

The PMI improved to 47.8% in September compared with 47.6% …

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Dysfunctional Oil Markets

By John Richardson

“HOW do a I tell my customers that polyethylene (PE) price rises are justified by more expensive naphtha, when the market is so weak?” asked an Asia-based sales and marketing executive with a major producer earlier this …

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China PE Demand Down 3 Percent

 By John Richardson

GROUND level economic conditions in China are still a lot weaker than headline GDP (gross domestic product) numbers suggest.

For example, a polyvinyl chloride (PVC) sales and marketing executive said: “PVC demand growth is going to be …

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Global Polyethylene Margin Picture

By John Richardson

ASIAN high-density polyethylene (HDPE) margins have improved in June and July compared with the rest of the year, according to the above chart from the ICIS Weekly PE Margin Report.

But the overall year-to-date trend illustrates how …

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Dow: China GDP Growth 3-5 Percent

 

By John Richardson

DOW Chemical’s Andrew Liveris has changed his views on China as a result of an economic slowdown that seems to have taken many people by surprise.

“China’s economy has continued to decelerate as European exports suffered,” …

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A Call To Action

We are about to set out on a great journey as the world transitions to the New Normal.

The reason for the journey is that the world economy has changed irrevocably as a result of the financial crisis and the …

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Chem Companies Face Funding Crisis

 

By John Richardson

A collapse in the price of oil would expose petrochemicals producers, buyers and traders who have built- up stocks.

They built up inventories because oil was on the way up earlier this year.

And they were …

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