Latest China PP data: The old Supercycle world retreats further into the past

By John Richardson

AN ENGLISH expression or saying is, “when it rains it pours”, meaning when we are experience troubled times, the times are often extremely troubled.

So is the case with the global chemicals industry as I discussed in my post last Tuesday where I suggested that there would be no recovery until 2026. I went further last Friday by raising the concern that global demand could be shrinking, which is what some of my senior industry contacts think.

All of us should have all been prepared for this.