PODCAST: Soaring energy prices disrupt fertilizer, chemical markets

Author: Will Beacham

2021/09/28

BARCELONA (ICIS)--Rocketing oil and gas prices are putting fertilizer and chemical producers under intense pressure while destroying downstream demand.

  • Strong gas demand in H1 means storage is at record low levels
  • Fears that fertilizer production cuts could threaten food production
  • Fertilizers prices break records
  • Rising oil and gas prices push chemical production costs higher
  • Geopolitics drives the energy supply crunch, not lack of product
  • High energy prices could trigger demand destruction, global recession

In this Think Tank podcast Will Beacham interviews Julia Meehan, ICIS managing editor for fertilizers; Nigel Davis, ICIS Insight editor 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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