Why the polypropylene industry must switch from volumes to value
26th July 2020 by

By John Richardson EVERYONE knows about the oversupply in the polyethylene (PE) market as it has bee...

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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’s real GDP could have been negative in Q2: What this may mean for PP
22nd July 2020 by

By John Richardson CHINA’S official GDP growth of 3.2% for Q2, which was announced last week, may ...

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Iran and China new deal could hasten Belt & Road Initiative petrochemicals self-sufficiency
19th July 2020 by

By John Richardson ONCE AGAIN, please don’t say I didn’t tell you. A proposed new investment and...

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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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Asian polyethylene price recovery faces multiple challenges
25th June 2020 by

By John Richardson THERE are reports of significant cuts in Middle East polyethylene (PE) operating ...

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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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