Tag Archives | polyvinyl chloride

China’s “Overwhelming” Overcapacity

By John Richardson

A HOPE being expressed by chemicals and polymer traders and producers the blog has spoken to this week is that the surge in lending in China during the first quarter will result in stronger GDP growth later …

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The Real Economies Set To Dominate Q2

By John Richardson

Sometimes a picture is worth many thousands of words.

The above chart, supplied by one of the blog’s resources analyst contacts in Perth, Western Australia, neatly illustrates the dangerous divergence between real ecoomies and financial markets. As …

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India PVC Growth In Context

By John Richardson

INDIAN polyvinyl chloride (PVC) demand is expected to increase by 13-14% in the financial year ending 31 March 2013 compared with just 3% growth in 2011-2012.

This is further evidence that, just perhaps, the decline in the …

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PVC’s Unsustainable China Growth

By John Richardson

POLYMER markets continue to tell us that China’s 2009-2010 economic stimulus programme delivered unsustainable demand growth.

China’s demand for polyvinyl chloride (PVC) surged from 10.9m tonnes in 2009 to 13.2m tonnes in 2010, according to Global Trade …

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India PVC Reflects Macro Problems

By John Richardson

WHAT is happening in India’s polyvinyl chloride (PVC) sector reflects some of the macro-economic challenges we discussed earlier this week.

An additional 8.5m tonnes of PVC pipes demand could be generated in the space of just five …

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South Korea “Denial” Continues

 

By John Richardson

EARNINGS estimates for South Korean petrochemicals companies for the full-year 2012 remain around 30 percent above where they should be because “most financial analysts remain in denial“, said an industry source.

A sign of how bad …

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US Targets China VAT Rebates

 

               Mitt Romney would declare China a currency manipulator

               Source of picture: Wikimeda

    

 

By John Richardson

China’s practice of providing value-added tax (VAT) rebates for importers of raw materials who then re-export finished goods is the …

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Structural Threats To 2012 China Rebound

By John Richardson

SERIOUS structural problems with China’s economy threaten another disappointing year for polymer demand following flat, or even negative, growth for many of the major synthetic resins during 2011.

Last week the blog visited Singapore and held discussions …

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The False Promise Of US Petrochemicals?

By John Richardson

THE remarkable shift in the competitive landscape of petrochemicals resulting from shale gas was highlighted yesterday in an excellent post by our fellow blogger, Paul Hodges.

Drawing on data from the NPRA, with analysis from the ICIS data …

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LG Chem – Tried And Trusted Versus New Businesses

 

By John Richardson

THE potential returns from LG Chem’s electric battery and electronic materials are tremendous and are leading to some bullish forecasts from analysts as to future earnings.

What will be interesting, though, is what will be the …

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