Entries from Asian Chemical Connections tagged with 'global double-dip recession'

MEG bucks the trend

By Malini Hariharan There are some exceptions to the generally weak petrochemical markets seen in Asia these days and monoethylene glycol (MEG) is one such product. Spot prices have hit a 44-month high of $1,275-1,280/tonne CFR China and are expected...

A Downturn With Areas Of Persistent Strength

Tougher sanctions set to reduce Iranian exports Source of picture: amix.dk/blog/post/19116   By John Richardson I met a hedge-fund manager yesterday who wanted a straight answer as to why he felt that ethylene, propylene and polyolefin margins are holding-up relatively...