PODCAST: Faltering China chemicals signal caution for 2021
Will Beacham
05-Jan-2021
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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