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Epidemic exacerbates European chemical supply crisis
time2021/12/14
- Epidemic exacerbates European chemical supply crisis
Recently, the supply chain crisis caused by the Newcastle pneumonia outbreak has been plaguing the European chemical industry. Especially in the past November, weather problems, the Newcastle pneumonia outbreak and the discovery of Omicron strains in many places across Europe have exacerbated the tight supply of chemicals in Europe, which in turn has led to further increases in European chemical prices. Industry insiders say it is unclear whether the mutated strain of omicron is more transmissible than previous strains, but the market is bound to be plagued by the recent surge in infections. The government's response could further exacerbate supply chain problems. Currently, demand remains high despite soaring product prices, and there is a clear trend toward a deepening chemical supply crisis in Europe.