Entries from Asian Chemical Connections tagged with 'WTI'
Chemicals In A Vicious Cycle
By John Richardson OIL prices could fall to as low as $35-40 a barrel or might slip no further than $60-70 a barrel, depending on which analyst you belief. And we know of one global polyolefins company...
Polyolefins In "Chaos And Panic"
By John Richardson CHINA'S polyolefin market was in "total chaos and panic" this morning, according to a Singapore-based trader. The Dalian Comodity Exchange's futures contract in linear low-density polyethylene (LLDPE) fell a further 5% this morning after declines earlier in...
Chemicals Buying & The IEA Decision
By John Richardson CHEMICALS and polymer demand looks even less likely to be supported by "buying forward" following yesterday's decision by the International Energy Agency (IEA) to release 60m barrels of crude into the market. Here is a bit...
Petchems And Tomorow's OPEC Meeting
By John Richardson THE next OPEC meeting - which takes place in Ecuador this Saturday (11 December) - is crucial for petrochemicals for two reasons. Firstly, the crude market has turned bullish recently as a result of the early onset...
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