Insight
High oil prices and lockdowns place double shackles on China’s petrochemical industry
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Russia-Ukraine war pushed oil prices to a record high in March and feedstock prices have increased accordingly, leading to squeezed margins for petrochemical products. The biggest wave of the pandemic hit Shanghai, China from March to May. Strict lockdowns put severe pressure on the packaging, electric & electronic and automobile sectors, among others. How high oil prices and lockdowns impact China's petrochemical industry? In this insight, we will analyse the impact of the high oil price and lockdowns on the key commodities and discuss the post-lockdown outlook.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
China's current crude stockpiling support to the oil market is set to fade
China’s continued crude stockpiling could slow as storage hits capacity, pressuring oil markets
$1,350
Insight
China economic focus April 2025: surviving the trade war
China’s strategy to mitigate the economic damage from the trade war
$1,150
Insight
Trump trade tensions: How US-China tariffs are reforming the aromatics and derivative markets
Analysis on the impact of tariffs on US and China aromatics industry
$900
