By John Richardson POLYOLEFIN end-users in China and Southeast Asia began to re-stock in significant numbers last week on anticipation that supply is going to remain tight for the next few weeks at least, the blog has been told. “There was a feeling among the converters that because of scheduled maintenance work in August and […]
Asian Chemical Connections
The US Debt Crisis And Asian Chemicals
By John Richardson THE consequence of either a failure by the US to raise the debt ceiling and/or a downgrading of the country’s Triple A debt rating would have obviously have serious consequences for the Asian and global chemicals industries. Just how serious nobody really knows as we are in uncharted waters. At the very […]
US Optimism Needs To Be Tempered
Flagging Recovery Source of picture: www.guardian.co.uk By John Richardson THE latest US Institute of Supply Management survey signalled a buoyant manufacturing sector, in line with likely Q1 GDP (gross domestic product) growth of 5%, says the latest Weekly Chemistry and Economic Trends report from the American Chemistry Council. “Consumer spending is expanding and this […]
China Sept chemical import-surge data
More of the cheap stuff? Source of picture: www.thelocal.de Some of the China import data for September is now available – showing record-high imports of monoethylene glycol (MEG), ethylene vinyl acetate (EVA), polyacetal, polycarbonate (PC). “I have given up trying to figure this out. There is not sufficient accurate information anywhere to read a […]