on September 30, 2014

Iron ore prices on China’s futures market were at 5-year lows yesterday.  Copper prices also weakened in Australia.  This adds to the blog’s concern that...

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on September 29, 2014

The European petrochemicals industry is in crisis.  Operating rates dropped below 85% in H2 2008, and have never recovered.  Now there is a danger...

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on September 26, 2014

The last days of a bubble are always the most fun.  And Alibaba’s New York market debut last Friday will be one of those to treasure...

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on September 25, 2014

The New Old 55+ generation is the key demographic for future consumer spending.  Their numbers are rising rapidly as global life expectancy has risen by...

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on September 24, 2014

Chemical production is currently the best leading indicator for the wider economy, as financial markets have lost their power of price discovery due to the impact...

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on September 23, 2014

Sinopec is China’s largest chemical producer and its second largest refiner.  The blog’s annual review of its published Results confirms its uniqueness in global markets. The...

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on September 22, 2014

Polymer traders must be already counting their end-of-year bonuses, as the value of the US$ rises whilst crude oil prices weaken.  The biggest bonuses will likely...

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on September 19, 2014

We all remember the Hans Christian Andersen story about the Emperor with no clothes.  His subjects were told that only those who were stupid or incompetent would be unable to...

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on September 18, 2014

August is a holiday month for Europe’s statisticians.  So we had to wait until yesterday for a combined summary of July and August’s EU auto sales.  As...

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on September 17, 2014

Nobel Prizewinner Prof Robert Shiller correctly forecast the dot-com collapse in 2000, and the 2008 financial Crisis, using the chart above.  Now he is warning...

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