Tag Archives | US unemployment

No “Breakthrough Year” For The US In 2014

By John Richardson

PEOPLE who trade in oil, other commodities and equities don’t buy that many chemicals and polymers because, of course, relative to the US population as a whole, they number very few.

Thus, the challenge for 2014, as …

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Analyse The Data And Listen To Li Keqiang

By John Richardson

IT IS important to look at long-term trends in China rather than be misled by a few positive sets of data. This is not pessimism, just realism.

Yesterday saw the release of very good August export data.  …

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US Petchems: The Bigger Picture

By John Richardson

Access to cheap feedstock, access to cheap feedstock and access to cheap feedstock might seem like the three most-important elements to any petrochemicals strategy.

Thus, for many in the US, adding capacity based on abundant and therefore …

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Yuan Devaluation Needs To Be Considered

By John Richardson

The “beggar my neighbour” trade wars that many economists feared would erupt after the global financial crisis were delayed thanks to fiscal stimulus.

But now politicians will be under increasing pressure to erect trade barriers.

“We are …

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Demand Weakness Dominates

By John Richardson

A CAREFUL reading of all the major ICIS pricing reports covering olefins, polyolefins, aromatics and their derivatives over the last few weeks reveals very few mentions of the phrase “peak demand season”.

This time last year, the …

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There Is No Going Back

By John Richardson

“IF we build polymer capacity in India the demand will come,” a very senior industry executive told the blog last year. He amplified this statement by explaining that greater availability of plastics would always stimulate strong demand …

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September Will Be A Cruel Month

By John Richardson

SEPTEMBER is going to be a cruel month when the West returns from the summer holiday period and the extent of damage to chemicals and polymer demand becomes more apparent.

In Asia, temporary supply constraints in polyolefins, paraxylene (PX) and …

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The New Normal World In 2021

By John Richardson

ALL of us would love to be able to see into the future. Chapter 4 of our new eBook, ‘Boom, Gloom and the New Normal’, does just this.

It offers 10 predictions about how the world will …

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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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