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EU PVC Feb13.png

Chlorine, caustic soda, suggest 2013 demand remains slow

The blog tips its hat today to the International Energy Agency, whose oil research director, Antoine Halff, confirmed its own long-held view that the “recent run-up in prices will rekindle questions about the interplay of financial and fundamental factors in oil markets“, and warned explicity that “Brent prices can be misleading“. Unfortunately, however, any action […]

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Shanghai Jan13.png

China’s new leadership face house price dilemma

Ms Kay Sun is a 32 year-old administrative assistant in Shanghai, earning $29k/year (Rmb180k). Last month, like many 30-somethings around the world, she put down a deposit on an apartment. But the cost of Ms Sun’s ordinary one-bed apartment was in a different league. It was priced at $460,000 (Rmb2.85m). And as the Wall Street […]

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