Chemical stocks have been witnessing a sharp rebound from the pandemic’s negative effects since last year. Notably, an inflationary environment in the United States and the rapid rebound of global industrial and agricultural activity have been significant factors pushing chemical prices higher.
Though chemical companies are dealing with rising raw material costs and higher supply chain and logistical expenses, steps to raise chemical product selling prices to offset cost inflation and supply chain tightness, productivity improvement measures, and operational efficiency improvements helped the chemical industry to maintain its margins through the second half of 2021.
