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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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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Polyethylene producers must avoid repeating the mistakes of Q1
5th June 2020 by

By John Richardson AFTER a very challenging first quarter, nobody wants to make further write-downs ...

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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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Beware of the fragile nature of the oil and petrochemical price recovery
22nd May 2020 by

By John Richardson RECENT rises in oil and petrochemicals prices should not in my view be taken as a...

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China petrochemical inventories build on what could be false hopes of a V-shaped rebound
19th May 2020 by

By John Richardson AS PETROCHEMICALS storage space in China fills up on the hope that the country ca...

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Further polyethylene rate cuts seem inevitable with no certainty on who will blink first
18th May 2020 by

By John Richardson IT IS NOT just a razor-like focus on petrochemicals demand that will get you thro...

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