BARCELONA (ICIS)--As supply improves in Asia and the US and panic buying eases in some European markets, new ideas are needed to ensure supply chains will be more robust in the future.
- Change of sentiment in downstream markets as supply eases
- Panic buying phase may be drawing to a close
- China economy and chemicals demand growth slow
- Southeast Asian demand falters, especially India
- China polyolefins prices falls four weeks in a row
- Container crisis, semiconductor shortages hurt China exports
- China's self-sufficiency in high density polyethylene (HDPE), styrene, polypropylene (PP), paraxylene (PX), ethylene glycol (EG) could deflate global prices
- Chemical companies enjoyed stellar first quarter
- Prices, volumes, capacity utilisation all up strongly
- Supply chains need to become more robust
ICIS and the European Association of Chemical Distributors (Fecc) are organising a special forum on Tuesday 11 May where CEOs will discuss industry trends and challenges. Register here .
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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