Tag Archives | Dalian Commodity Exchange

Back to the Serious Stuff: Fitch issues China warning

As I’ve been warning on this blog for some time, the explosion of credit in China has created a great deal of paper-bottomed optimism over the recovery.

Fitch, the ratings agency, has just raised its macro-prudential risk indicator ffor China …

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China’s economy: A case of wishful thinking?

Could the chemicals industry be in danger of wanting to believe something so much that ignores overwhelming evidence to the contrary?

The widespread perception is that China’s economy has reached a turning point.

“The worst of the crisis is over …

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Do you need a Joseph Kennedy moment?

Referring to the famous story about how Joseph Kennedy sold his shares on the eve of the Wall Street Crash after being given investment tips by a shoe-shine boy, my answer to the above is a definitive YES.

Over the …

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China polyolefin speculation gets worse

See the piece below.

I suspect polyolefin pricing will fall a lot further:

A Singapore-based polyolefin trader took a telephone call during a lunch meeting a few weeks ago from his counterpart on China’s Dalian Commodity Exchange (DCE).

“Sell, sell, …

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Asian petchems: A H2 Outlook

Petrochemical markets, as is the case with stock markets, are I believe in the midst of a bear-market rally.

As chemicals consultant Paul Hodges predicted on his blog last year, restocking in Q1 was inevitable after the great inventory run-down …

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US petchem exports to lessen the pain?

There are reports, confirmed by one consultant, of a flood of US polyolefin exports from the US to Asia, China in particular.

Staggering polyolefin import figures for China in January-February show big percentage increases both year-on-year and month-on-month. The March …

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