Tag Archives | US economy

Asian Polyethylene Producers: What You Must Do Now $70 Crude Is More Likely

By John Richardson

THE facts on the ground in global crude markets have shifted even further in just two days. Now it seems more likely that oil prices will rise to $70 a barrel or above in Q1 of next …

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How US Polyethylene Exports To China Could Come To A Halt

By John Richardson

THE US has abundant shale gas reserves that have in effect been solidified into new polyethylene (PE) capacity, which is largely for export as this is a cheap way of shipping ethane.

If you subscribe to the …

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Global Debt At Unsustainable Levels As We Wait For Trigger Factor

By John Richardson

THE whole point about debt is that it should be sustainable. You should only lend or borrower money if you are entirely convinced that future economic conditions – i.e. future demand – justify your commitments.

Nice theory, …

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Next Polyethylene Downcycle: Risk That History Will Repeat Itself

By John Richardson

WE can break the history of the global polyethylene (PE) business so far this century into four major phases, thanks to the above chart, which was compiled with the help of our excellent Supply & Demand Database:…

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Rising Trade Tensions Could Threaten US Petchems Exports

By John Richardson

THE Trump administration is holding out against a capital increase for the World Bank unless the bank reforms the way that it lends money to China, according to the FT.

China is the World Bank’s biggest borrower. …

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Three Scenarios For 2018-2025 China Polyethylene Demand Growth

By John Richardson

CHINA leads the world in many aspects of renewable energy and has an electric vehicle industry that is receiving the kind of state support that is very probably making foreign competitors green with envy.

The explosion of …

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Hurricane Harvey: The Case For Major Negative Economic Consequences

By John Richardson

THE most important thing here is the human cost. Thirty lives had already been lost as a result of Hurricane Harvey as I wrote this post. Let’s hope that if this number must rise, it doesn’t rise …

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China Lending Bubble Adds 4.7m Tonnes To Polyethylene Consumption

By John Richardson

THE IMF produced a very interesting study earlier this month, in which it estimated that if it had not been for China’s giant economic stimulus programme the country’s real GDP growth would have averaged only 5.3% per …

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US Trade Policy Has So Far Bought China More Time…

…..But any number of outcomes remain possible, which underlines the fact that we live in a world of elevated political risk. Chemicals companies must, as a result, build multiple scenarios for future economic growth and trade flows.

By John Richardson…

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Stock Market Threats Far Wider Than Just North Korea

By John Richardson

LAST WEEK’S steep fall in global stock markets was of course the result of rising US-North Korea geopolitical tensions. Some $1 trillion was wiped off equity values. We obviously all hope that the geopolitical tensions will ease.…

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