The Coronavirus: Assessing the impacts on bulks

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30 January 2020

The Coronavirus: Assessing the impacts on bulks

Report summary

The Coronavirus epidemic emanating from Wuhan in central China has had tragic consequences and started to undermine domestic economic sentiment. While it is impossible to accurately predict the scale of this unfolding health crisis, the outbreak is a new wildcard for bulks demand in 2020. We think the restriction on labour movement will be a key mechanism affecting consumer demand and industrial production. Prolonged restrictions will undoubtedly be transmitted to markets for energy, industrial products, and raw materials. However, the experience of SARS in 2003 suggests the impact on overall economic activity in 2020 may be modest, with demand patterns in each bulks market being delayed rather than destroyed.

Table of contents

Tables and charts

This report includes 3 images and tables including:

  • Key economic indicators in 2003
  • Rebar prices 2003
  • Rebar inventories (2018-2020)

What's included

This report contains:

  • Document

    The Coronavirus: Assessing the impacts on bulks

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