Demand Database News Today

GEOPOLITICS IS, I believe, just one aspect of a crisis facing the chemicals industry that is deeper and more complex than anything we have faced before. Front mind right now in geopolitics is Ukraine-Russia and the gas-supply crisis facing Europe,

High-density polyethylene (HDPE) demand in the developing world in 2023 could contract by 300,000 tonnes, rather than, as in our base case, grow by 800,000 tonnes because of the food crisis. Assuming all the other regions grew as under our base case, global growth would be 2% in 2023 rather than our base case of 4%.

EUROPE'S NET HDPE imports could be as high as 4.1m tonnes in 2022 versus last year's 1.1m tonnes.

FEW PEOPLE HAVE made money out of shorting China. Time and time again, brief periods of weak economic growth have been followed by roaring, eye-wateringly big recoveries. And in time-honoured tradition, as the above chart illustrates, Beijing is pump-priming the economy with lots of extra stimulus. As you can see from the rising blue line, ...

IT WILL NOT be easy to estimate what could be higher-than-expected levels of European petrochemicals imports during the rest of 2022. But in the context of a China that might even be in recession, the extra effort necessary to figure calculate shifts in European trade flows is very, very worthwhile.

/PRNewswire/ -- ICIS, a global source of independent commodity intelligence, today announced that it has made its global Live Disruptions Tracker available to...

Asia’s chemical markets are battening down the hatches as sentiment is being eroded from the dreadful Delta variant across the region, with logistical and port restrictions affecting supply chains. Countries across Asia were hoping for things to improve post vaccination drives, but Delta variant jolted all hopes with the virus now surging in many countries ...

Since March 2020, the City of Cape Town has witnessed 1 025 land invasion incidents costing the Western Cape province over R100 million.

By John Richardson JUST 5% of US companies with revenues of more than $500m plan to relocate operations out of China, according to the latest survey by the American Chamber of Commerce in Shanghai. This partly reflects highly networked manufacturing clusters, wrote the Australian Strategic Policy Institute in this excellent article. “Automotive and electronics clusters are increasingly important in Chongqing, smartphones come from Shenzhen, and a quarter of the world’s optical fibre comes f...

Author: Ai Teng Lim 2020/12/30 SINGAPORE (ICIS)--India will further defer the implementation of a mandatory Bureau of Indian Standards (BIS) certification requirement on all PA imports for another 180 days, according to a notice issued by the Indian Ministry of Chemical and Fertilisers last week. India had earlier planned to roll out this ...