S&P Global Commodity Insights: Downturn in Petrochemicals Infographic
S&P Global Commodity Insights: Downturn in Petrochemicals Infographic
The Global Petrochemical market has entered a cyclical downturn. Demand growth for polyethylene and other derivates have collapsed ethylene margins, as new capacities have started up, making global economics run cuts necessary to balance supply and demand.
Producers all around the world have already cut petrochemical operating rates due to these low margins, which might last into 2024, creating a huge amount of pressure across the value chain.
Download our infographic to know more about it and find out how this capacity-driven cyclical downturn will come to an end.
