Indian Basic Chemical Sector - Demand Headwinds Due To Resurgence Of Covid-19 To Ease: ICRA
A laboratory technician looks at a solution in a glass flask. (Photographer: Andrey Rudakov/Bloomberg)

Indian Basic Chemical Sector - Demand Headwinds Due To Resurgence Of Covid-19 To Ease: ICRA

Bookmark

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICRA Research Report

The Covid-19 pandemic has impacted demand for basic chemicals though the severity varies across the industry.

Food packaging, pharma, sanitary and medical applications, are witnessing a surge, primarily due to stockpiling, an increase in delivery services, and the high healthcare-focused activities.

Other major consuming sectors, such as automotive sector have been severely impacted.

Most basic chemicals have a diverse range of end-user industries thereby softening the impact of severe slowdown in any one industry on consumption.

Click on the attachment to read the full report:

ICRA-Basic Chemicals Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.