Forecast posted July 2020
Markets within the Americas stabilized in July after plants were idled in Chile and Trinidad, although the region remains insular and that dynamic must eventually change as new capacity will eventually exceed demand leading to increasing competition among suppliers. At this point we do not expect that to happen through the remainder of this year as the start up of several plants including the new YCI facility are delayed, although by 2021 the paradigm could finally shift.
*Please note forecasts are based on analysis of historical trends and cycles as well as expectations regarding future supply and demand patterns. The data is provided for informational purposes only and Chemical Intelligence does not assume any liability for any decisions attributed to reliance on said information.