Fitch maintains negative outlook for chemicals sector
after close1 source ↓written by the desknot a recommendation
Fitch Ratings has maintained a deteriorating outlook for the global chemicals sector, citing massive overcapacity and increased trade tensions as key factors. The firm expects weak demand in North America to persist through 2026, impacting recovery prospects. Significant capacity additions in China are likely to exacerbate the oversupply situation, putting further pressure on market prices.
Not investment advice. For informational purposes only.