Tag Archives | Japan

The Failure Of Abenomics Should Be No Surprise

By John Richardson

The steepest  decline in Japanese industrial production since March 2011 has shocked some commentators. We cannot understand why.

“Industrial output dropped 3.3% in June from May, the trade ministry said today in Tokyo, more than twice the …

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The Perils Of An Even Weaker Yen

By John Richardson

YOU cannot turn 65-year-olds into 35-year-olds, no matter how much central bank stimulus you throw at the problem.

This is why the real, underlying problem with Japan is its demographics which make all the current attempts to …

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Northeast Asia Confronts PVC Consolidation

By John Richardson

ASIAN higher cost polyvinyl chloride (PVC) producers are facing the twin squeeze of increased electricity costs and very competitive exports from the US, according to an industry source the blog met with in Taipei, ahead of tomorrow …

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Asia Faces More Asset Bubbles

Marc Faber

Source of picture: http://www.cliffkule.com/2011_06_26_archive.html

By John Richardson

RECENT action by Western central banks will result in more hot money flowing into Asia, creating further asset-price bubbles.

Last week, the Fed launched QE3 and the previous week, the European …

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Northeast Asia PE Weakest Margins

 

Source: ICIS pricing Weekly Asian PE Margin Report

 

By John Richardson

The slide above shows how Northeast Asian naphtha-based polyethylene (PE) producers are struggling as a result of the weak China market (dark blue bars).

And it confirms …

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The Changing Landscape For Manufacturers

 

The New Normal involves three major transformations in the nature of consumer markets, which are:

• The increasing size of the New Old 55+ age group in the West.

• Too many young people struggling with higher unemployment.

• …

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Asia refining: tough times ahead

By Malini Hariharan

The going has been good for the refining industry this year but analysts are predicting a weaker 2012 and 2013.

UBS for instance, expects complex refining margin in Asia to fall 20% in 2012 from the average …

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Japan Disaster: Plants and markets update

By Malini Hariharan

Japan’s benzene supply is expected to drop by 10% following plant shutdowns and diversion of product for gasoline blending, reports my colleague Mahua Chakravarty.

This works out to about 40,000 tonnes/month, which is lower than the initial …

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PX/PTA prices spike as supply dries up

By Malini Hariharan

The paraxylene (PX)-purified terephthalic acid (PTA) market appears to be bearing the brunt of the Japanese earthquake and tsunami. Spot supplies of PX have dried up following the shutdown of three Japanese plants with a total capacity …

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Japan Disaster – Plants update

By Malini Hariharan

More companies are reporting damages to facilities after last week’s earthquake and tsunami.

Mitsubishi Chemical said in a statement that berths, roads and infrastructure around the plant area at its Kashima site have been damaged and delivery …

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