Tag Archives | November plenum

China’s November Plenum: The Verdict So Far

By John Richardson

THE November Plenum is over and now the analysis has begun.

Some commentators view the formal communiqué about the plenum – which was released by the government on Tuesday – with tremendous enthusiasm.

Others, however, are disappointed, …

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The US Needs A Plenum

By John Richardson

CHINA’S crucial November plenum has now finished and so far there are no details on policy decisions. All we have had is a brief communiqué, which includes key phrases such as “deepening reform” and “crossing the river …

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Life After The “Sugar High”: Oil Prices And Petrochemicals

By John Richardson

WHY is it that even though demand in the US for petrochemicals is still well below the 2007 peak, as indicated by the latest American Chemistry Council capacity utilisation chart, the November ICIS Petrochemical (IPEX) for the …

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China’s Demographics: What Is Your Contingency Plan?

By John Richardson

DEMOGRAPHICS shape demand – everywhere, including in China, as we have been discussing since 2011.

Here are a few facts about China’s demographics challenge – from this outstanding Financial Times article by David Pilling – which chemicals …

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China’s Overshadowing Economic Importance

By John Richardson

AS we head into this weekend’s crucial November plenum , it is worth remembering that there is no chemicals and polymers market to compare with China’s in volume terms anywhere else in Asia.

Take polyproplyene (PP) as …

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China PE Market Strength Questioned

Dear blog reader – a  technical error, beyond our control, means that we are unable to upload the tables and graphs for today’s post. Watch out next week, as, when the problem has been solved, we will add the missing …

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China’s Debt Crisis Comes To A Head

By John Richardson

HOW much longer will China’s central government continue to kick the can down the road?

The answer to this question might well turn out to be the biggest single determinant of chemicals and polymers demand growth over …

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China’s September Trade Data Shows Real Direction

By John Richardson

EVIDENCE that decoupling might be a myth has grown with the release of China’s September export data.

Exports to the ASEAN (Association of Southeast Asian Nations) region fell 9.8% by value in September 2013 compared with the …

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China, The November Plenum And De-Stocking

By John Richardson

THE end of China’s Golden Week holidays, which ran from 1-7 October, has represented an opportunity for some polyolefins traders.

“Stocks were low before the holidays, and, as a result, once business activity resumed in earnest on …

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Construction Drives China 2013 PE Growth

By John Richardson

THE blog has been banging its head against a brick wall for several months now in an an effort to fully explain why polyethylene (PE) apparent demand growth has been so strong during most of 2013.

Interviews …

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