In January, my article “Chemical & Plastics Prices – 2023 & Outlook” expressed the view that chemicals and plastics prices would decrease this year. Six months later, it looks like I was right...

2023 was a very good year for purchasing, where most products showed price decreases. This is in contrast to 2022, which was one of worst years for purchasing over the last 16 years. In August of last...

The current public health crisis due to COVID-19 has impacted not only people’s lives but also businesses around the globe. The demand in most sectors has shrunk, and with supply and demand unbalanced, the price of most products has been affected. With less demand, most products have seen price decreases, but there are exceptions.

The year 2020 witnessed a global Covid pandemic and the biggest GDP reduction since the Great Depression of 1929. Of course, Chemicals & Plastics (C&P) have also been affected globally, but there is no public data available yet for the year.