3 Chemical Stocks Reacting Positively Before Year-End

The chemical industry bore the brunt of a demand slowdown in certain major markets, including consumer durables and building & construction, and an unprecedented customer inventory de-stocking that weighed on the industry through the first half of 2024. Lower consumer spending due to inflationary pressures in Europe and a slow recovery in China have impacted demand this year. The economic slowdown in China, geopolitical tensions and inflation weighed on global manufacturing activities. While the de-stocking ...