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China Debt Squeeze, Trade War, Dollar Strength Pose Major Risks

By John Richardson

IT DIDN’T matter if there was any truth behind the stories people used to tell each other about the Chinese economy as it underwent an unprecedented period of growth in 2009-2014. All that mattered was that a …

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Prepare For A More Regionalised, Fragmented Polymers World

By John Richardson

THE above map global shows our base-case forecasts for global trade flows of HDPE, LLDPE and PP in 2025. It is the result of lots of hard work and smart thinking around feedstock costs, logistics costs and …

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US-China Trade War To Accelerate As Restrictions On US Petchem Exports Increase

By John Richardson

TAKE a broader view of US-China trading relationship and the picture looks very different from the straightforward, headline big US deficit, as James Kynge points out in this important article in the FT.

It is the presence …

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China Tariffs On US Petchem Feedstocks To Reshape Global Trade And Investment

By John Richardson

CHINA’S planned tariffs against US petrochemical feedstock exports threaten a major upheaval of global trade flows in the feedstocks.

The tariffs could also strengthen petrochemicals feedstock trading relationships between China and its fellow Belt and Road Initiative …

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US-China Trade War Heavily Focused On Energy, Petchems

By John Richardson

Normally, the blog only publishes on Mondays, Wednesdays and Fridays, but this week is an exceptional week because of the unfolding US-China trade war. So today I publish a post with more to follow tomorrow.

YESTERDAY it …

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China Holds Most Of The Good Cards In Trade War With US

By John Richardson

THE BREAKOUT of formal trade hostilities between China and the US, after more than a year of a “war of words” between the two countries, has occurred shortly after the EU responded to the US aluminium and …

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China to impose tariffs on PE, propane, PVC as global trade war begins

By John Richardson

IT HAS happened. Don’t say you weren’t told, as I have been warning you to prepare for this since President Trump became president. The president’s decision to impose $50bn worth of tariffs on US imports from China …

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Why China Will Rapidly Become Paraxylene Self-Sufficient

By John Richardson

WOW, what an opportunity. That might be your reaction to the two above charts. On the left, you can see a quite breath taking rise in China’s paraxylene (PX) net imports (imports minus exports). In 2007, China’s …

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G7 Meeting And The Risks For US Polyethylene Producers

By John Richardson

IN All the noise, confusion and economic anxiety following last weekend’s very acrimonious G7 meeting in Canada, you might have failed to notice one very significant detail for the polymers industry.

This was the refusal by the …

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Petchems Markets To Become Entirely Regional As Trade Barriers Increase

By John Richardson

WHEN Donald Trump held election rallies during 2016, the amount of anger directed at mainstream Democratic Party candidate Hillary Clinton was, as everyone knows, intense. She represented the kind of mainstream politician that many of those who …

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