Tag Archives | oil prices

Asian C2 Muddle Reflects Wider Uncertainty

By John Richardson

ASIAN ethylene markets appear to be in a muddle over the Middle East supply picture.

Click here for a graph of the latest pricing – EhylenePrices1March2011.ppt 

A shipping industry source we spoke to recently insisted that more …

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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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European petchems could be tempted to overproduce

By John Richardson

EUROPEAN refiners are “awash with naphtha” as a result of long-term structural length and a lack of arbitrage, a petrochemicals feedstock purchasing manager told the blog yesterday.

The decline in US gasoline demand (according to most experts …

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Saudi Producers Remain Confident

By John Richardson

THE optimism of Saudi Arabian petrochemical producers remains extremely high, according to an industry observer who spoke to the blog.

One might think we were to some extent stating the blatantly obvious as their margins will have …

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What an excellent boss

By John Richardson

VERY occasionally the blog deviates from its close coverage of petrochemical markets to focus on broader business issues. Today is one such occasion after a discussion with a manager of a major Asian chemicals trading operation.

The …

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How Can This Year Not Be A Let Down?

 

 

Ali Naimi, Saudi Arabia’s oil minister, suggests more oil supply could be on the way

 

 

 

Source of picture: stonesoupstationblogspot.com

 

By John Richardson

CHEMICALS analysts at HSBC have added further weight to the argument that 2011 could …

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A Toxic Combination: Sentiment And Oil Prices

By John Richardson

Yesterday we suggested that demographic challenges in the West, the strain on resources resulting from rising consumption in emerging markets and rising inflation should heavily feature in discussions at this week’s World Economic Forum in Davos.

Chemical …

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Polyolefin Producers Maintain Their Control

Source of picture: Dallhouse University, Canada

 

By John Richardson

THE incredibly smart way in which polyolefin producers have managed production since the great collapse of September 2008 continues to defy what appear to remain some very uncertain, and some …

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A Repeat Of The 2008 Collapse On The Cards

 

     “Only another thousand or so years to go…..”

      Source of picture: Atlantic Council

 

By John Richardson

HERE we go again, eh? Yes, as rising crude-oil prices and overall inflation pose a major threat to the petrochemicals …

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OPEC, China Inflation And Petchems

By John Richardson

OPEC’s decision to maintain crude quotas at current levels could give the banks further ammunition to manipulate opinion that the black stuff is genuinely in tight supply.

There is plenty of evidence that oil is, in fact, …

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