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Asian Chemical Connections

Butadiene An Extreme Example

By John Richardson BUTADIENE is an extreme example of what my fellow blogger Paul Hodges described yesterday as happening across several major petrochemicals markets. Panicky buyers have, just as they did last year, “bought forward” in the hope that by so doing they will hedge against even higher feedstock costs in the future. But this […]

China Tries To Transform Itself

By John Richardson CAN China succeed in transforming its economy from one which is over-reliant on exports to one where domestic consumption is a much bigger driver of growth? And how long will this process take and in the interim, can we expect a few years of lower GDP (gross domestic product) growth? As delegates […]

China H2 GDP Growth Only 5%

By John Richardson CHINA’S economy would only expand by 5% in H2 of this year and in the first half of 2012 on an annualised basis, said Diana Choyleva, a Hong Kong-based economist for Lombard Street Research. This was the result of credit tightening as China continued to battle inflation and a slump in export orders for manufactured goods on […]

Asian Ethylene, PE Declines Continue

By John Richardson ASIAN ethylene and polyethylene (PE) margins both fell last week – a further indication that the Chinese market remains weak. Bonded warehouses are still full of PE as a result of high imports in March at a time when local production was being ramped up, the blog was told this morning. But […]

China PE, PP Weakness Set To Continue

Europe and China: A two-tier market is hard to bear… Source of picture: blog.pinkcakebox   By John Richardson CHINA’S polyolefin pricing is likely to remain under downward pressure over the next few months as a result of a persistent inventory overhang, new supply and weak construction and auto markets, two traders and one producer have […]

What the flipping heck is going on?….

…….and no trite Public Relations-speak answers, please!!!   This is not me, by the way, (my computer is an older model) but the expression about sums it up www.scienceblogs.com   No matter where you seem to turn these days, whether it’s to the refinery industry or to any chemicals production chain, the story is more or […]

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