Strategy Note /

Petrochemical Tracker: May 2022 – China lockdown easing supports sentiment

  • The global economy is facing major headwinds in 2022f

  • The implementation of zero COVID-19 policy in Q1 22 in China resulted in major supply-chain issues

  • In May 22, MEG prices declined 4.3% to US$635 (lowest since the last 12 months)

Iyad Khalid Ghulam
Iyad Khalid Ghulam

Head of Equity Research

SNB Capital
16 June 2022
Published bySNB Capital


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