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Asian Chemical Connections

China polyethylene inventories are high

      A Mars Bar feast in store if crude hits $30/bbl again Source of Picture: Amazon.com       Polyethylene (PE) inventories in China at the second and third local distributor levels are at very high levels, two reliable industry sources have told us.   This has led to some confusion in the […]

Futures, Recycling Behind China PE Mystery?

Picture: The China Daily “I’ve given up trying to read the polyolefin market in China. I just can’t figure out what’s going on,” said a senior source with a major North American producer late last week. “I keep returning to the fundamentals and cannot understand why prices have risen so steeply since mid-February.” Him and […]

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