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Global chemical companies brace for continued weakness in 2024: Fitch Ratings

New Delhi [India], December 19 (ANI): In a forecast that underscores challenges for the global chemical industry, Fitch Ratings predicts that weak demand and surplus supply will persist, keeping volumes and margins subdued for chemical producers in 2024.
While the overall market conditions reached the low point of the cycle in 2023, Fitch anticipates a minimal to no recovery in the coming year.
According to Fitch Ratings,