Tag Archives | polyolefins

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Damage Limitation

By John Richardson

POLYETHYLENE (PE) prices crept up by $10-50/tonne for the week ending 22 February, according to ICIS pricing.

But, as the above chart shows, integrated high-density PE variable cost margins in Southeast and Northeast Asia remained very weak, …

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Filtering Out The Noise

By John Richardson

ONE should be careful about reading too much into the above margins for February as, of course, there was very little trading activity because of Chinese New Year (CNY), whilst oil and therefore naphtha prices increased.

But …

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Beware Of Excessive Optimism

 

By John Richardson

CHEMICALS and polymer markets have enjoyed a very strong recovery in Asia since November/December, according to many of the traders we have spoken to.

“We are getting $150-200/tonne more for benzene and toluene in January compared …

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Labour Supply After Chinese New Year

Chinese job seekers at a recruitment fair

Imaginechina/Rex Features

 

By John Richardson

As petrochemicals markets begin to slow down ahead of the Chinese New Year, which this year falls on 10 February, a lot of attention is, as always, …

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The Attention Span Of Commodity Markets

By John Richardson

PARTICIPANTS in commodity and financial markets sometimes appear to have very short attention spans.

But they are merely doing their jobs by seeking to stretch out rallies as long as possible through claiming everything that was being …

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A Chance To Win £100

By John Richardson

SICK and tired of wracking your brains trying to figure out where the China polyolefins market is going?

Are you weary of the Eurozone debt crisis and the threat that US Congress will fail to raise the debt ceiling?…

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China PE Growth At Only 4%

By John Richardson

CHINA’s polyethylene (PE) demand growth was up just 4% in January-October of this year compared with the same period in 2010, as the chart above from Global Trade Information Services (GTIS) indicates.

And yet in January, many …

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Northeast Asian PE Margins At Record Low

By John Richardson

THE above slide shows how bad the polyethylene (PE) market has been in 2012.

Based on data from the ICIS pricing Asian PE Margin Report, it shows how Northeast Asian high-density (HDPE) integrated variable cost margins have …

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Weak PE Margins Reflect Big Picture

By John Richardson

BEFORE we look at last week’s political handover in China in more detail tomorrow, while on Friday we will return to our theme of Asian demographics, the above slide illustrates what the big picture has meant for …

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Asian PE Recovery On “China Turning Point”

By John Richardson

ASIAN polyethylene (PE) prices rose by $10-30/tonne for the week ending 9 November in response to reports of low inventories, according to ICIS.

A further improvement in the market is anticipated by one trader, as a result of the …

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