Tag Archives | oversupply

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Polyolefins And Football: An Historic Parallel?

Is history about to repeat itself?

 

 

Source of picture: www.vietbao.vn

The last year for polyolefins has been a bit like the wonderful 1980s and early 1990s for genuine football fans – when the often-repeated phrase of Manchester Utd …

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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 …

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Is China repeating the mistakes of the US?

My current favourite blogger is Michael Pettis, professor at Peking University’s Guanghua School of Management, who, in his latest post, makes a very worrying point below.

As an aside, and without wanting to take the 1930s analogy too far, this …

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Middle East and China to run C2s regardless….

….that’s the case – in the Middle East case because of advantaged feedstock and in China’s case because it will be strategic.

In previous downturns, far more capacity was western, or other Asian, and liquids based and so rate cuts …

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Basell predicts tough times for polyolefins in 2009-10

Paul Cherry of Basell gave an excellent paper at the recent ICIS Olefins Conference – Download file
Paul offers some hints on how to survive the next downturn, and provides some sobering predictions on operating rates.
I bet that after …

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