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  1. Petrochemicals in facts and figures

    Inflation breaks records, oil in deficit for the seventh consecutive quarter. What's next? Prices continue to rise In March, year-on-year inflation in the United States and Europe rose to a record level in 30 - 40 years: 8.5% and 7.5%, respectively. Logistics constraints of both marine and land transportation are putting further upward pressure on prices. In various regions of the world, there is a shortage of railcars and excess inventory in storages and ports. To tame inflation, the...

  2. Petrochemicals in facts and figures

    The economy is recovering from the initial shock of the pandemic, but there are still headwinds. Record macroeconomic performance The incessantly rising inflation in advanced economies and most emerging markets remains the hottest item on the economic agenda. The huge central bank stimulus measures of 2020 helped jump-start the economy after the outbreak of the pandemic, but now they have triggered runaway inflation in consumer goods prices. This threatens to slow down economic activity and put...

  3. Petrochemicals in facts and figures

    ..., and it will most likely continue into the next one. The USA was among the hardest hit, with inflation rising to 6.2% in November, a 30-year high. In the Eurozone, the figure was 4.1%, a level last seen in 2008. Although the US and EU manufacturing PMI sits around 60, this is not enough to meet end-consumer demand and slow inflation. In Russia, inflation also continued to rise and reached 8.13%, its highest since 2016. The global surge in consumer prices across all markets has been driven ...

  4. Petrochemicals in facts and figures

    See the new report from SIBUR’s Investment Planning and IR division on how OPEC+’s actions affect the oil market and how logistics impacts the entire petrochemical market. Business activity: PMI 50+ In Q2 2021, the market environment was similar to the first quarter. Despite high case rates, the post-pandemic recovery was ongoing. As a consequence, the Purchasing Managers’ Index (PMI) in the US, EU and China exceeded 50. The government ...

  5. Petrochemicals: numbers

    ... and UK will be vaccinated against coronavirus, and Asian and Middle East countries will achieve this level by early 2022. Such optimistic expectations were largely driving business activity in Europe and the US, where the Purchasing Managers’ Index (PMI) was above 50 throughout the entire Q1 of this year. Measures taken by the US Congress that allocated $1.9 trillion to support the economy have also influenced this business parameter. Of them, $400 billion will be channeled to control the coronavirus ...

  6. SIBUR analytics

    ... US economy experienced a fall of 3.6%, and the European Union 7.4% (meanwhile, the Chinese economy grew by 2.6%). All the same, by the end of December the global economy had already begun to show signs of recovery. The Purchasing Managers’ Index (PMI) bears witness to the continuation of this trend, exceeding 50 points over the entire fourth quarter in the USA, China and EU. Winter Storm Uri: the consequences for the petrochemical industry On 15 February, Winter Storm Uri brought record ...