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Asian Chemical Connections

The US gets my goat

The expression “tthis really gets my goat” is in common usage in Northern England, where I hail from. Indeed, despite spending 11 years in Singapore, few people other than my wife (who is Scottish and has an even worse accent and some even stranger expressions) can understand a word I say. Anyway, the point is […]

History will surely repeat itself

The mood at the recent NPRA International Petrochemical Conference in San Antonio, Texas, was mixed, despite all the economic gloom. Some producers said they were still making money – especially those selling into manufacturing sectors benefiting from a rise in exports due to the weak dollar. What’s certain, of course, though is that things will […]

Is the last margin grab over?

Shortly after I wrote this article (see below) on the doom and gloom surrounding China polyolefins markets, hey presto, prices rallied and I was wondering whether I needed to be wiping egg off my face. But shortly after the slight rally occurred, a polyolefins trade told me it was likely to be the last margin […]

How dependent is Chinese growth on the US?

According to this article from The Economist, total China exports account for less than 10% of China’s GDP when “value add” is stripped out – much less than the headline 40% figure for 2007, which includes imported and domestic inputs. Good news as we enter the New Year, given that a US recession now appears […]

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