PODCAST: Chemical margins break records as logistics, supply crisis persists

Author: Will Beacham


BARCELONA (ICIS)--Chemical producers around the world are enjoying record-breaking margins as a logistics and supply crisis persists amid strong downstream demand.

  • Record margins for global polypropylene (PP) and other chemicals
  • Strong demand, disrupted supply
  • China capacity additions could cause price deflation
  • European prices at record differentials to other regions
  • Danger of Europe being cut off from global markets by container crisis
  • Consumer price inflation may rise if goods not available
  • More European chemical companies may up earnings guidance
  • Pandemic has led to “baby bust” rather than “baby boom”
  • This will drag on future demand, require new business models

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.

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