PODCAST: US chemicals could lose out to China after pandemic
BARCELONA (ICIS)–The US chemical industry could lose against a stronger Chinese sector in the aftermath of the coronavirus pandemic.
– China challenges US in 2025 petrochemicals scenario
– US outside of new trading zone dominated by China
– US loses access to developing world for polyethylene (PE)
– Low crude oil prices mean no ethane advantage
– Collapsed chemical prices hint at structural moves
– Shift to from global to local chemical supply chains
– Coronavirus impact could be much longer without effective vaccine
– Could negative pricing in sulphuric acid also occur in petrochemicals?
Listen to this podcast interview with International eChem chairman Paul Hodges, ICIS Asia senior consultant John Richardson, ICIS Insight editor Nigel Davis, and ICIS Senior Editor for potash and sulphuric acid Andy Hemphill.
Read more analysis of chemical market trends in this week’s free edition of ICIS Chemical Business.
ICIS is organising regular updates to help bring the industry community together in this time of crisis. Register here.
Read John Richardson’s Asia Chemical Connections blog.
Read Paul Hodges ICIS Chemicals and the Economy blog.
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Podcast interview by Will Beacham
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