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Petrochemical demand is up and prices are spiking

Resilinc

This period of high prices and margins coincided with—and was partly supported by—supply chain disruptions, including the February 2021 deep freeze on the Texas Gulf Coast and port and shipping congestion in much of the world. Russia and Belarus are large [natural gas] producers, and uncertainty about sanctions has reduced their exports.

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China’s Historic Silk Road is Resurrected from the Rubble

Elementum

In 2013, President Xi Jin Ping introduced an initiative to construct a modern-day equivalent of the Silk Road as part of the country’s 2030 Agenda for Sustainable Development. This will include a rail route stretching from Chongqing, China, through Kazakhstan, Russia, Belarus, and Poland to Duisburg in Germany.

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