Commodities Focus cover image

For global petrochemicals, what went up is coming down…down…

Commodities Focus

00:00

The Slowdown in Industrial Production

The base case for SAP Global calls for a mild recession at some point in 2023 in Europe and the US. My impression is that there's all this overcapacity, and the least economical producers have been sheltered from the situation. And they're going to have to start shutting down over the next few years. The initial student is coming out of COVID; you've seen that in weaker margins.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app