According to Rhian O'Connor, Senior Analyst at commodity intelligence firm ICIS, the recovery in PC demand is expected to begin in 2021 although the degree of recovery relative to 2019 remains uncertain. O'Connor believes that China will experience bullishness in most end markets while the recovery in the US is expected to be slower amid sluggishness in the textile, domestic appliance, and automobile sectors. At the same time, any plastic used in the food, beverage, and soap industries will likely see a boost. O'Connor also outlined two scenarios, a "short scenario" that assumes that the coronavirus will result in a two-month lockdown and global economies recover by the end of 2020 and a "long scenario" that involves a major disruption caused by the virus and a partial resurgence in cases in China.
展开▼
