Webinar: Global polyolefins markets – assessing the impact of a challenging environment
As global markets surged on the rebound from the coronavirus pandemic in 2021, the recovery was restrained by logistical issues, rising costs and a slowdown in China towards the year-end. Fresh optimism at the start of 2022 was curbed with the escalation of the Russia-Ukraine conflict from February, which has contributed to a rapidly changing environment. Global markets are now in the middle of a shift change, where risks are leading to downwards revision on previous projections. Polyolefins markets continue to be tested from multiple cross-winds and have emerged resilient, meeting the challenge of short term uncertainty with strong underlying growth. In this webinar Wood Mackenzie’s global polyolefins team discussed how we see the market evolving when faced with the challenging environment. Key factors in shaping our short- and long-term outlooks have been covered, as well as scenarios for future developments.