Slowing construction activity in China is having unexpected consequences in the global plastic sector, where the sudden downturn in demand for PVC pipe, laminate and other polymer products is pushing local manufacturers to unload inventory overseas.
Vermilion’s analysts believe Brazil continues to emerge as the short-term global leader in Latin America and that there are plenty of individual opportunities there.
Those seeking high dividends need not limit themselves to just American securities, as emerging market stocks such as Braskem SA (BAK, quote), Brookfield Infrastructure Partners (BIP, quote) and Cellcom Israel (CEL, quote) all have yields twice the average of the Standard & Poor’s 500 Index, now around 2%.
The last few months brought a squeeze for the world’s refining companies and eventually forced one of the giants — ConocoPhillips — out of the business. How is China’s refiner faring?