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Chemicals and the Economy

India’s economy set for continued growth

India’s economy continues to impress. It has been largely unaffected by the global economic crisis, due to its relatively ‘closed’ nature. This gives its central bank a more traditional role – reducing interest rates when economic activity slows, and increasing them as it recovers. Currently, it is on the latter course, increasing rates to 5.75% […]

A commodities ‘Super Cycle’

Oil prices at $140/bbl caused plenty of debate in Bangkok this week at our Asian conference (jointly organised with ICIS). Delegates also heard from Reliance’s President of Fibre Intermediates, Rajen Udeshi, on the potential for a new commodities ‘Super Cycle’ to be underway. Discussing the above chart, he pointed out that the industrialisation of China […]

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