Tag Archives | fiscal cliff

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China Polyolefins Recovery Continues…..

…..For Now 

 

By John Richardson

RELATIVE to most of 2012 – when China’s polyolefins market was in dire straits – November, December and early January have been excellent for traders who took the right positions. At least one producer …

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Beneath the China PMI Hype

By John Richardson

A LOT of stock market excitement, and perhaps a recovery in petrochemicals prices (more next week when everyone is back in action), has greeted the release of China’s purchasing managers’ indices for December. The official PMI held steady …

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China’s Two-Speed Recovery

By John Richardson

CHINA appears to be in the midst of a two-speed recovery as a result of stronger domestic growth, while the export environment remains very bleak.

“Our polyethylene (PE) sales to converters who sell into the domestic market …

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Northeast Asian PE Margins At Record Low

By John Richardson

THE above slide shows how bad the polyethylene (PE) market has been in 2012.

Based on data from the ICIS pricing Asian PE Margin Report, it shows how Northeast Asian high-density (HDPE) integrated variable cost margins have …

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The Suspension Has Gone

By John Richardson

WHAT a week it’s been when, of course, politics has trumped everything else and has challenged the view of those who believe that demand will take care of itself.

Demand did take care of itself during the Supercycle, …

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