By John Richardson THE next OPEC meeting – which takes place in Ecuador this Saturday (11 December) – is crucial for petrochemicals for two reasons. Firstly, the crude market has turned bullish recently as a result of the early onset of winter in Europe and the growing belief that the oil-supply cushion is being reduced. […]
Asian Chemical Connections
Alice In Wonderland economics
China appears to be pumping money into ailing companies for social stability reasons, resulting in a build-up in inventory of unsold finished goods. Anecdotal evidence from ICIS pricing, and analysis by JP Morgan Asset Management and the China Economic Quarterly supports this view. Comparatively stronger exports to China, as my fellow blogger Paul Hodges points […]
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