Britain’s last generational shift: The 1980s Miners Strike: Source of picture: www.wsws.org My late parents hated even the concept of debt – let alone the insanely irresponsible error of actually borrowing money. This is not surprising as my father could remember, when he was a boy, queuing for free food handouts during the Great Depression. My […]
Asian Chemical Connections
Waiting for the cheques to clear….
…..and a January collapse PERHAPS commodity and equity markets will continue to keep denying the weak fundamentals until bonus cheques for fund managers etc have been signed and are in the bank. Fund managers, because of the way they are benchmarked, will be desperate to stick close to the performance of stock market indices, said […]
Thai project delays good news for markets, but…..
….what do these environmental issues mean for Thailand as an investment destination? The Map Ta Phut refinery-petrochemicals complex Source of picture: Pattaya News By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) Here’s yet another unexpected project delay that could prop up markets in the fourth quarter. […]
Challenges for chemicals trading in Q4
The views of two Singapore-based chemicals traders explain some of the fundamental shifts in production, logistics and demand since the economic crisis began. “I have done reasonable business this year and made quite good returns, but volumes are way down,” said the first of these two traders, who deals in toluene and mixed xylenes (MX). “Cracker-based […]
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