China Petrochemicals Q1 2020

China Petrochemicals Q1 2020

Key View:

Heightened US-China tariffs will underpin slowing growth in both the US and China. Following a significant re-escalationin trade tensions between the US and China, we expect tariffs will remain elevated over the coming quarters. While there is someprospect for a deal to be reached in the near term, this will likely depend on market and political pressure on negotiators, and weexpect tariffs will persist even if a deal is struck. Slower manufacturing growth will have a negative impact on imports ofpetrochemicals products and, as a result, China will be more self-sufficient in petrochemicals. Trends in recent months appear topoint to growth in domestic production of ethylene and primary plastics. Chinese production of basic products is growing in linewith the move towards market self-sufficiency, even as manufactured plastic products are affected by the softening of exports.

Key View
Petrochemicals SWOT
Industry Forecast
Macroeconomic Forecasts
China's Real GDP Growth To Come In Under 6.0% In 2020
Industry Risk/Reward Index
Asia Petrochemicals Risk/Reward Index
China Petrochemicals Industry Risk/Reward Index
Market Overview
Industry Trends And Developments
Company Profile
China Petroleum & Chemical Corporation (Sinopec)
Regional Overview
Asia Overview
Global Industry Overview
13th Five Year Plan
13th Five-Year Plan: Key Points
China Demographic Outlook
Petrochemicals Glossary
Petrochemicals Methodology

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