Capacity Utilisation (CU%) is the best measure we have for the current state of the global chemical industry. It doubles as an excellent proxy for the outlook for the global economy. And as the above chart based on latest American Chemistry Council data shows, recovery still seems a long way off: Global CU% was down […]
Chemicals and the Economy
Great Unwinding sees oil fall 65%; US$ rise 22%; US 10-year rates rise 25%
The Great Unwinding of policymaker stimulus was the major issue in financial markets in 2015. And it is set to have even greater impact in 2016 once Phase 3 begins. The chart above highlights the astonishing changes that have taken place since the Unwinding began in mid-August 2014; Phase 1 has so far seen Brent […]
Jump to page: