PODCAST: Chemical markets may have peaked, expect H2 slowdown

Author: Will Beacham

2021/07/20

BARCELONA (ICIS)--After a stellar first half, global chemical markets may now go into decline, driven by destocking and faltering downstream demand.

  • Chemical share prices fall sharply as investors pull out of materials
  • Chemical and commodity prices may have peaked, expect H2 slowdown
  • Questions over magnitude of likely H2 slowdown
  • Demand for durable goods may decline
  • China polyolefins demand for 2021 will be above 2019, but below 2020
  • 2020 was a bubble year for China, and the bubble is now deflating
  • China’s stellar 2020 was based on exports of finished goods to the west

Will Beacham interviews Nigel Davis, ICIS Insight Editor, John Richardson, ICIS Senior Consultant Asia, and Paul Hodges, chairman of New Normal Consulting.

Click here to listen to the podcast

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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