Manmohan Singh compromises to the point where “policy has no direction” Source of picture: Wikipedia By John Richardson IN A week during which the Eurozone could quite easily break-up, the influence that individual political leaders will have on shaping our economic future has been thrown in to further stark relief. And in some countries it […]
Asian Chemical Connections
Wal-Mart sends a message
by Paul Hodges The blog is a great believer in the predictive power of the retail sector. Wal-Mart and Tesco were the first to spot the downturn in the summer of 2007, a year before it became obvious to everyone else. Now Wal-Mart’s problems are providing some important messages about how companies need to adjust […]
China Inflation Impact On Chemicals
By John Richardson POLYETHYLENE (PE) prices were assessed stable-to-weaker by my colleagues at ICIS pricing late last week as Sinopec was reported to be evaluating a 10% reduction in operating rates. Sinopec hardly ever cuts production on market conditions as its main objective is not to make a profit, but rather serve local manufacturing industry […]
West To Exert More Cost Pressures
The US back-to-school buying season Source of Picture: theglobeandmail.com As regular readers will remember, last Friday I linked through to this article from the New York Times on the likelihood of a disappointing back-to-school sales season in the US. I had promised some more thoughts on this article and so here goes…. ……This is a […]
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