Tag Archives | China economic slowdown


China Still Destocking


By John Richardson

A NEW report from HSBC supports our argument that China’s synthetic resin market has yet to bottom out.

Big structural changes in China’s economy are an additional factor, in our view, to the slowdown in China …

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Not “Business As Usual”


By John Richardson

THE notion that Asian polyethylene (PE) markets would soon bottom out, which was widely expressed at the Asia Petrochemical Industry Conference (APIC) last month, seems to have been discredited.

There was a slight recovery for the …

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Fibre Intermediates In Panic

By John Richardson

A SENSE of panic has gripped the fibre intermediates chain as a result of falling crude oil prices, an industry observer told the blog.

“Nobody knows where the bottom of the market will be, which, to me, …

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Chem Companies Face Funding Crisis


By John Richardson

A collapse in the price of oil would expose petrochemicals producers, buyers and traders who have built- up stocks.

They built up inventories because oil was on the way up earlier this year.

And they were …

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BASF Highlights Changes In Growth


Martin Brudermüller

Source of picture: BASF


By John Richardson

“THE struggle over China’s future direction seems to be harder fought than we had imagined,” said BASF vice chairman Martin Brudermüller last Thursday, in a German newspaper interview.

“There …

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A Tough Q2 For The US


By John Richardson

THE hard numbers, in the chart above, support anecdotal evidence we have been picking up for over a month of increased Asian polyethylene (PE) exports to Brazil and other Latin American countries.

It also confirms reports …

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