Tag Archives | futures markets

Dalianslide

An All Mighty Dalian Muddle

By John Richardson

UNDERSTANDING the Dalian Commodity Exchange’s futures contract in RMB-priced linear low-density polyethylene ((LLDPE) requires an understanding of what the traders are up to at any particular point in time, as this is almost entirely a speculators’ market.

So, …

Continue Reading

Speculation Drives China Methanol

By Malini Hariharan

Methanol continues to be an exception to the general weakness seen in Asian petrochemical markets.

Spot prices have crossed $410/tonne in the important China market and could remain firm for the rest of the year. Prices have …

Continue Reading
fact-or-fiction.jpg

Facts, Fiction And Price-Rise Sustainability

Source of picture: tycoonreport.com

 

 

By John Richardson

This is a very dangerous time for petrochemicals producers as they attempt to separate real, sustainable demand from feedstock-cost related price rises and speculation.

A bubble – as we discussed yesterday …

Continue Reading

A fresh vote of confidence for the DCE

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections)

It helps to have a commodity bull on your side and that’s just what the Dalian Commodity Exchange (DCE) has succeeded in doing. Jim Rogers, the noted investment …

Continue Reading
dalian.jpg

China lends guiding hand to futures markets

The Chinese government appears to have an important objective to achieve while promoting commodity futures trading in the country?

A report in today’s Wall Street Journal says that the government is positioning its futures markets in setting world prices for …

Continue Reading
Nymeexpit.jpg

Chemical execs go long on realism

Offsetting the risk of being over-optimistic?

Source of picture: thetradingpit.net

 

 

MAYBE there should futures contracts in realism versus recklessness. That way any senior company executive who wants to take a punt on next year being better than 2009 can …

Continue Reading
NYMEX-DataWalls.jpg

Equities, Futures, Sentiment = Recovery?

Forget supply and demand, just record the index cards….

Source of picture: Heatusa.com

This amateur pundit is beginning to think he got it very wrong.

“I’ve been thinking the same thing – I was as gloomy as you a few …

Continue Reading
commodity-trading.jpg

PTA futures growing in influence?

Source of picture: 1st-commoditytrading.us

It’s only one comment from one consultant, but this is what he said today about the growing role of the Zhenghou Commodity Exchange‘s purified terephthalic acid (PTA) futures contract.

“PTA futures have been exerting a huge …

Continue Reading
DalianPEvphysicalJan-May.GIF

Is Dalian setting the markets?

Make your own mind up about the role of the Dalian Commodity Exchange linear-low density polyethylene (LLDPE) and polyvinyl chloride (PVC) futures contracts from the interviews below.The first quote is from Sinopec – from an ICIS news story.

There then …

Continue Reading
Balloonpix.jpg

Credit Expansion Linked To Dalian Boom?

Source of Picture: http://blogs.suntimes.com/ebert/

We have just started doing our research and so more details later – but see attached this Excel spreadsheet –
lendingVDalianOI.xls

It compares the increase in lending from China’s banks with the amount of open interest …

Continue Reading