Insight
Cash and Chemicals - Impact of demonetisation on India's petrochemical industry
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Report summary
On November 8, Indian prime minister Narendra Modi shocked the financial system of the country when he announced the demonetisation of high denomination currency (INR 500 and INR 1000). This is a massive exercise where 86% of all the currency circulation lost its legal tender status almost instantaneously. While on a research trip in India as the demonetisation drive began, I witnessed the situation first hand on people in the streets, on banks, and on businesses. The objective of this insight is to walk you through the impact of demonetisation on India's petrochemical industry. We will also discuss our expectations in light of the cash crunch on this important economic sector in India and the ripple effects on international markets.
Table of contents
- Petrochemical Value-chain and transactions model:
- Implications of the cash crunch on petrochemical markets:
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Our expectations for the Indian petrochemical Industry
- Polyolefin consumption by end-use in India
Tables and charts
This report includes the following images and tables:
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Petrochemical Value Chain (Indirect impact on petrochemical Industry)Price Index of commodity polymers in IndiaCash and Chemicals - Impact of demonetisation on India's petrochemical industry: Image 3
What's included
This report contains:
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