Tag Archives | polypropylene

Asian Polyolefins Markets Still Indicate Economic Slowdown

By John Richardson

ANOTHER week has led to another fall in Asian polyethylene (PE) and polypropylene (PP) prices despite higher naphtha feedstock costs on stronger crude oil.

Pricing has been weak since the Lunar New Year Holidays, (15-21 February). Market …

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Digitisation Will Transform Petchems As Plant Reliability Increases

Global volatility in pricing will also be greatly reduced as unexpected outages largely become a thing of the past

 

By John Richardson

EUROPEAN polyolefins have painful memories of 2016 because it was a year of major supply shortages.

Polyethylene …

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US Polyethylene: Even Without Trade War, $6.2bn Of Sales In China At Risk

By John Richardson

AS THE number of exemptions from the new US steel and aluminium tariffs grow for Americas “friends”, the direct impact of the tariffs might end up being fairly minimal. So far, Canada, Mexico and Australia have been …

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Global Trade War: $12.4bn of US Petchems Exports At Risk

By John Richardson

THE CUMULATIVE negative effect on global GDP as more and more countries became involved in a trade war is estimated by the above table on the left, from a research paper by economists as the Australian National …

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China’s Polypropylene Market: The Big Inland Growth Opportunities

By John Richardson

A CONVENTIONAL WAY to assess the pace of polymers demand growth in a developing country is to assume links with historical patterns in developing countries.

How long did it take the US, Western Europe and other developed …

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Stock Markets: Real Implications For Petchems and Risks Of A “Cynical Bubble”

By John Richardson

WHEN stock markets are rising, the proverbial garden can look as if it is blooming with summer flowers without a weed in sight.

But the underlying data suggest wealth inequality is still a major issue in the …

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Asian Petchems Profits Could Test Historic Lows In 2018

By John Richardson

THE ASIAN steam cracker business has struggled to pass on higher oil prices as the above chart further underlines. As you can see, high-density polyethylene (LLDPE) injection grade spreads including selected co-products have slipped over the last …

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In One Simple Chart: The Risk For Petchems From Crude

By John Richardson

Sometimes a simple chart is worth hundreds of words. A lot less than hundreds of words today, therefore, as you consider the above chart and these two key questions:

If the global economy was that strong, and/or…

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China’s Pollution/Economic Campaign To Reshape Petchems

By John Richardson

I BELIEVE that China’s environmental crackdown will continue to disrupt petrochemicals and polymers markets for the next few years.

This is not a temporary phenomenon that will largely go away with the end of the September 2017-March …

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China’s Polypropylene Market: The Right Questions You Simply Must Ask

By John Richardson

On the surface, the above chart represents very good news for exporters of polypropylene (PP) to China. As you can see, our base case sees import volumes creeping up from around 3.9m tonnes in 2018 to 4.2m …

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