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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