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Asian Chemical Connections

China PE, PP Weakness Set To Continue

Europe and China: A two-tier market is hard to bear… Source of picture: blog.pinkcakebox   By John Richardson CHINA’S polyolefin pricing is likely to remain under downward pressure over the next few months as a result of a persistent inventory overhang, new supply and weak construction and auto markets, two traders and one producer have […]

China Chem Imports May Fall On Yuan Expectation

As cheap as chips    Source of picture: europa.eu     By John Richardson THE decline in the Euro has resulted in investors downgrading their expectations of a Yuan appreciation taking place over the next few months. Last week, Yuan foward contracts were factoring in a zero chance of appreciation over the next three months after […]

US-China Yuan Row And The Threat To Chemicals

  Source of picture: The China Daily   By John Richardson THE outcome of the row between the US and China over the value of the Yuan has the potential to bring to an end a tentative and highly unbalanced global economic recovery, economists and chemicals industry sources have told the blog. If the US […]

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