By John Richardson ASIA’S petrochemicals traders and producers have on the whole done fantastically well over the last 20 years by sticking with tried-and-trusted ways of assessing markets. It is very tempting, therefore, to think that today’s weak demand will soon be put right through just a few production cutbacks. Last week, my colleagues at […]
Asian Chemical Connections
Global Polyethylene Margin Picture
By John Richardson ASIAN high-density polyethylene (HDPE) margins have improved in June and July compared with the rest of the year, according to the above chart from the ICIS Weekly PE Margin Report. But the overall year-to-date trend illustrates how the industry has lacked pricing power as a result of persistently weak Chinese demand. August […]
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