By John Richardson YESTERDAY I posted this slide on LinkedIn, in response to a lot of concern amongst the more than 150 or so delegates at the 5th ICIS Asian Polyolefins Conference in Bangkok about the impact of rising crude prices on profitability. The chart shows spreads between naphtha costs, CFR China injection grade HDPE […]
Asian Chemical Connections
Global Economy Is Less Able To Withstand A New Oil Price Shock
By John Richardson HISTORY has a tendency to move very slowly, inching forward incrementally, and then all of a sudden a flurry of events over an incredibly short space of time can change everything. This is where we are today. Oil prices had been creeping up long before the 4 November launch of the anti-corruption […]
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