Tag Archives | US economy

Babyboomers Change The Markets

Consumption dominates chemical demand. Chapter 7 of our new ‘Boom, Gloom and the New Normal’ eBook therefore looks at the changes taking place in consumer markets. These provide vital insight into how chemical markets are likely to develop in the …

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China’s Debt Problems

  

By John Richardson 

Fellow blogger Paul Hodges made  a convincing case in a post on Tuesday that China’s economic model faces some major challengs. 

“It seems increasingly clear that China‘s economic policy took a wrong turn 10 years ago, when it …

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It’s Always Helpful To Have A Plan

By John Richardson

THERE are four major reasons why the first three quarters of 2011 have been excellent for chemicals companies, which are:

1.) Strong co-product credits have supported what have been weak commodity-grade polyolefin markets since March of this …

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US And Europe Polyolefins Raise Exports

By John Richardson in Houston, Texas

DESPERATELY weak polyolefin demand in both the US and Europe is resulting in an increased focus on export markets.

The US market appears to be in particularly severe distress with, as we discussed last …

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PTA And PX Keep Sliding

By Malini Hariharan

Asian spot prices for polyester raw materials continued to fall last week as concern on lack of buying support from the China market where concerns about the health of the global economy dampened sentiment.

Purified terephthalic acid …

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US PE Exports To Flood China

By John Richardson

SPENDING time with your customers is always a good idea, but doing so seems to have become even more important during a very difficult year for China’s polyolefins business.

The reason is a split between the fortunes …

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Middle East-China PE Exports Up 60%

By John Richardson

NORTHEAST Asian polyethylene (PE) exports to China fell by 34% in January-August this year compared with the same period in 2010 as Middle East shipments surged by 60%, according to Global Trade Information Services – click here …

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China H2 GDP Growth Only 5%

By John Richardson

CHINA’S economy would only expand by 5% in H2 of this year and in the first half of 2012 on an annualised basis, said Diana Choyleva, a Hong Kong-based economist for Lombard Street Research.

This was the result of credit tightening as …

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A Dramatic Difference In Mood

By John Richardson

THE big difference in the mood at the ground level of certain parts of the petrochemicals industry compared with that of company board members and investors was thrown into further stark relief earlier this week.

As we …

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The Fear Factor Dominates

By John Richardson

EVERYWHERE you turn it is bad as fear over the future dominates the mood of polyolefin producers and buyers.

Aversion to risk seems to have increased because of the concern that this could be September 2008 all …

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