Entries from Asian Chemical Connections tagged with 'OPEC quotas'
Asian C2 Muddle Reflects Wider Uncertainty
By John Richardson ASIAN ethylene markets appear to be in a muddle over the Middle East supply picture. Click here for a graph of the latest pricing - EhylenePrices1March2011.ppt A shipping industry source we spoke to recently insisted that more...
A Repeat Of The 2008 Collapse On The Cards
"Only another thousand or so years to go....." Source of picture: Atlantic Council By John Richardson HERE we go again, eh? Yes, as rising crude-oil prices and overall inflation pose a major threat to the petrochemicals...
Saudi Petchems Blighted By Logistics
By John Richardson ONE of the many factors behind petrochemicals supply being less than expected during 2010 has been logistics problems in Saudi Arabia. One trader we spoke to on the sidelines of last month's Gulf Petrochemicals and Chemicals Association...
Gaping Chasm Between Effective, Real Op Rates
By John Richardson A gaping chasm has opened up over the past 18 months between nameplate capacities and effective operating rates, resulting in much greater focus on the latter. It isn't easy and it is getting ever-more complicated to...
Overconfidence The Bisk Risk For 2011
By John Richardson OVERCONFIDENCE is perhaps the biggest risk for 2011 as a result of sales volumes that have this year exceeded even the most wildly optimistic forecasts. The danger is that we have yet to see the worst...
US Petrochemicals A World Beater
Shell's refinery and petchems complex in Deer Park, Texas Source of picture http://www.msnbc.msn.com/ By John Richardson THE excellent third-quarter financial results of the likes of Dow Chemical and LyondellBasell further confirm the extraordinary turnaround in the cost positions of...
Good Chance Of Polyolefin Trough Delay
By John Richardson THE betting remains on trough conditions arriving for polyolefins at some point later this year with new supply expected to begin to severely lengthen markets towards the end of Q2. A temporary buying strike in China that...
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