Petrochemical markets, as is the case with stock markets, are I believe in the midst of a bear-market rally. As chemicals consultant Paul Hodges predicted on his blog last year, restocking in Q1 was inevitable after the great inventory run-down of the...
Filed under: US, Economics, China, Europe, aromatics, Olefins, Polyolefins, Oil & Gas, Markets, Naphtha & other feedstocks, Bear Stearns, International eChem, Dalian Commodity Exchange, bear-market rally, China speculation, ethane versus naphtha prices