PODCAST: China’s dual control policy – what now?

Author: Jasmine Khoo

2021/11/25

SINGAPORE (ICIS)--China has pledged to achieve peak carbon emission by 2030 and carbon neutrality by 2060, and the dual control policy is part of this movement towards an environmentally-friendly future.

However, China’s dual control policy has had a significant impact on the Asian petrochemical markets, exacerbating pre-existing supply chain inefficiencies and injecting volatility into both the futures and spot markets.

In this episode of the ICIS Podcast, Markets Editor Julia Tan speaks with Jimmy Zhang, ICIS analyst to delve into the policy; looking at what it is, how it has broadly affected the markets, and how long its effects can be expected to last.

Click here to listen to the podcast