Tag Archives | US economy

China And Bouncing Dead Cats

By John Richardson

Fifty per cent of the blog (John Richardson) is on leave for the next two weeks.

Next week Paul Hodges will be posting on Asian Chemical Connections. Paul runs the ICIS Chemicals & Economy blog.Then from the …

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More On China And Stimulus Hopes

By John Richardson

THE fact that the focus has turned to what China might be able to do to once again rescue the global economy reinforces just how important it has become for global growth prospects.

For the chemicals industry …

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Chem Companies And The Oil Delusion

By Nigel Davis and John Richardson

On the financial markets it depends when investors feel confident enough to step back into shares. An analyst on Tuesday asked who would be willing to catch a falling knife?

But there are already …

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China To The Rescue Again? Unlikely….

By John Richardson

AS the global economy enters a new recession the great hope, as we discussed yesterday, is that China once again steps in with a stimulus package as did in late 2008.

But can China risk a repeat …

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Place Your Bets – Who Is Right?

By John Richardson

DOW Chemical CEO Andrew Liveris said in a 27 July conference call that China’s industrial economy was still doing very well. “They’re managing themselves down very nicely,” he added, pointing to official GDP growth numbers of 8-9%, …

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Polyolefins In “Chaos And Panic”

By John Richardson

CHINA’S polyolefin market was in “total chaos and panic” this morning, according to a Singapore-based trader.

The Dalian Comodity Exchange’s futures contract in linear low-density polyethylene (LLDPE) fell a further 5% this morning after declines earlier in …

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Polyolefin End-users Assume The Risk

By John Richardson

POLYOLEFIN end-users in China and Southeast Asia began to re-stock in significant numbers last week on anticipation that supply is going to remain tight for the next few weeks at least, the blog has been told.

“There …

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The US Debt Crisis And Asian Chemicals

By John Richardson

THE consequence of either a failure by the US to raise the debt ceiling and/or a downgrading of the country’s Triple A debt rating would have obviously have serious consequences for the Asian and global chemicals industries.…

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European PE, PP below Euros1,000/tonne

By John Richardson

JOURNALISTS are often accused of exaggeration for the sake a good story, but it is genuinely no exaggeration to say that markets are in free-fall.

Last week we reported on how European polyolefin pricing was on a …

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Clinging On To Vain Hopes

By John Richardson

ANYONE clinging on to the hope that the weakness in the global polyolefin market is merely down to China going through a prolonged period of destocking could face a rude awakening.

China’s polyethylene (PE) demand was down …

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