Tag Archives | US economy

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US Polyolefins Confront Tough H2

Source of picture: www.usaembassy.com

 

 

By John Richardson

THE US poyolefins industry has enjoyed a remarkable recovery since the depths of the financial crisis thanks to major feedstock advantages in polyethylene (PE) and the rebound in the domestic economy.…

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Fingers Crossed For No Double-Dip Recession

 

 

The Risk Of Exhausted Optimism

Source of picture: http://www.thedigeratilife.com/blog/double-dip-recession/

 

By John Richardson

Global polyethylene (PE) oversupply will be “challenging but manageable” over the next year-and-a-half provided there is no double-dip economic downturn, said Joe Duffy, consultant with …

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China’s Unstoppable Consumption Juggernaut?

 

 

The major long-term shift in US refinery economics and C3s

 

Source of picture: blueplanetgreenliving.com

 

 

By John Richardson

CHINA will account for around one-third of global polypropylene (PP) consumption by the middle of this decade, up …

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China PE Price Rebound Driven By Futures Market

By John Richardson

CHINA’S domestic linear-low density polyethylene (LLDPE) prices have rebounded by as much as Yuan 1,000/tonne ($147.5./tonne) or 8% over the last two weeks, according to this ICIS news article from my colleague Rainy Ma.

As these graphs …

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Asian Polyolefins – A Dead Cat Bounce

 

 

Source of picture: anirudhsethireport.com

By John Richardson

WE reported earlier this week that cautious confidence is being expressed that the worst might be over in polyolefin markets with prices having reached the bottom.

“The market seems to be …

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China GDP Reduction Spells Tough H2 For Chems

 

Source of picture: www.en.cn.national

 

By John Richardson

THE decline in China’s GDP (gross domestic product) growth from 11.9% in Q1 to 10.3% in the first quarter is, no matter how you try to dress it up, bad news …

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Global Chems Outlook: Pockets Of Strength And Weakness

 

Spain saves the world economy

 

 

Source of picture: www.fifa.com

 

By John Richardson

GLOBAL chemicals sentiment seems to be muddled and confused as the constant flood of positive and negative macro economic data.

Take last week’s American Chemistry …

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Mood Becomes Gloomy On Macro Dangers

Dear Readers – here is, hopefully, a hand summary of some of the key themes that have emerged over the past two weeks with some important additional data on imports and inventory levels in China – plus a rather unscientific …

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Ethylene Margins Plunge On PE Rate Cuts

By John Richardson

THE steep decline in Asian ethylene margins – detailed in the chart below from the ICIS pricing weekly margin report – seems to be largely the result of the worrying state of China’s polyethylene (PE) market, which …

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Chemicals Growth Story Gets More Complicated

A Velozzi plug-in hybrid

Source of picture: www.zerauto.nl.blog

 

By John Richardson

Doom-mongers are claiming the end is nigh with the world heading for a double-dip recession.

This is happening at the same as the optimists are talking of the …

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