Tag Archives | Lehman Bros

Eight Steps To Realising This Will Be Worse Than Lehman Bros

By John Richardson

WE are going through a process of realisation at the moment. It is not a linear process   Рi.e. not all people will be at the same stage.

Equally, chemicals and other company executives will move backwards …

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BBC: “How China Fooled The World”

By John Richardson

FOR the last three years, the blog has been asking people to challenge the consensus view of China.

We have often been accused of being pessimistic for the sake of pessimism. This misses the point. Our point …

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APIC And Demand

 

Just an anomaly?

 

Source: American Chemistry Council

 

By John Richardson

FEEDSTOCK advantage is, of course, crucially important, but so is demand.

And yet the only subject that most people wanted to talk about in any depth at last …

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Here We Go Again

By John Richardson

EVERYONE should read the following section from this Economist article with great concern. Central bank stimulus might well be doing more harm than good.

“When Americans borrow money to buy a car or a house, their debts …

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China Economic Policies To Get Tougher

By John Richardson

THERE will, of course, be bright spots in petrochemicals markets as a result of factors independent of China’s new economic direction.

For example, as an aromatics trader points out, there are huge paraxylene (PX) capacity additions in …

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Threat of Oil “Permafrost”

By John Richardson

Saudi Arabian oil minister Ali al-Naimi on Tuesday did his best to calm the oil markets by arguing that the kingdom had met all its customers’ requests for crude, and was ready to raise output to full …

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The Murkiest Of Outlooks

By John Richardson

LACK OF visibility over what the New Year will bring for the global chemicals industry is a key feature of just about every conversation held with industry executives at the moment.

Perfect forecasting is, of course, always impossible, but …

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Everywhere You Turn…..

By John Richardson

It really is unrelentingly depressing, even though we hear that a few investors in chemicals stocks are clinging-on to the hope that provided everyone maintains tight production, demand will recover very strongly in Q1 of next year.…

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Broad Commodities Retreat Hurts Chemicals

By John Richardson

WE hate to say we told you so but the 15 per cent fall in oil prices last week – the steepest one-week decline in two-and-a-half years – was evidence of growing concern over the health of …

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Petchems Confront Another Lehman Bros

 

By John Richardson

THE main issue facing Asian cracker operators a couple of weeks ago was how long co-product credits would continue to compensate for a moribund China polyethylene (PE) market.

Feedstock cost is now the biggest immediate worry. A …

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