China polyolefins market H1 review: so far so good, but beware of the risks ahead
30th July 2020 by

By John Richardson ALL looks fine in the polyolefins world. The Old Normal appears to have reasserte...

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China consulate closure underlines long-term split with US, potential big shift in petchems trade flows
23rd July 2020 by

The views in this blog post are, as always, my personal views and do not reflect the views of ICIS. ...

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China paraxylene imports head for bigger declines as excess industrial production appears to boost GDP
17th July 2020 by

By John Richardson SOME PEOPLE see the 9.9% year-on-year rise in China’s crude oil imports in Janu...

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Global polyethylene oversupply, the highest in 19 years, hasn’t gone away
3rd July 2020 by

By John Richardson BRENT crude futures surged by 80% during the second quarter and enjoyed their bes...

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China could be in complete polypropylene self-sufficiency by 2022
28th June 2020 by

By John Richardson SORRY to labour the point but this comes from a genuine concern for the readers o...

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China’s long-term ambition for paraxylene self-sufficiency seems close to being realised
21st June 2020 by

On Friday, I examined how China’s paraxylene (PX) net imports could fall to as little 8m tonne...

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China’s big declines in 2020 PX and PP imports: the impact on its major trading partners
18th June 2020 by

By John Richardson CHINA’S refineries and petrochemicals plants came roaring back to almost fu...

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Paraxylene demand collapses as higher China production threatens 6m tonne fall in imports
15th June 2020 by

By John Richardson DON’T SAY I didn’t tell you that a decline in stock markets would happen. The...

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Main Street versus Wall Street and the crisis in the developing world
10th June 2020 by

By John Richardson RISING equity and oil markets do not necessarily point to a V-shaped recovery. I ...

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Coronavirus, impact on the developing world and the scale of demand losses
29th May 2020 by

By John Richardson ALL OF us are struggling to come to terms with a collapse in the global economy t...

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