PODCAST: Faltering China chemicals signal caution for 2021

Author: Will Beacham

2021/01/05

BARCELONA (ICIS)--Softening chemicals demand and prices in China may be an early sign of trouble ahead for the global industry in 2021.

  • High inventories, weaker demand for China chemicals
  • Falling China prices may signal trouble ahead for recovery
  • Strong economic, chemicals recovery in H2 2020
  • Paradigm shifts apparent in 2020 will accelerate through 2021
  • Includes new demand patterns, supply chains, energy balances, circular economy, advanced manufacturing
  • Beware of non-tariff barriers despite Brexit free trade deal
  • Customs procedures, rules of origin, Reach UK may all add complexity

Podcast interview with Paul Hodges, chairman at New Normal Consulting and Nigel Davis, ICIS Insight Editor.

Editor’s note: This podcast is an opinion piece. The views expressed are those of the presenter and interviewees, and do not necessarily represent those of ICIS.

Interview by Will Beacham

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