Food crisis in 2023 may represent major threat to developing-world polymers demand – Asian Chemical Connections
High-density polyethylene (HDPE) demand in the developing world in 2023 could contract by 300,000 tonnes, rather than, as in our base case, grow by 800,000 tonnes because of the food crisis. Assuming all the other regions grew as under our base case, global growth would be 2% in 2023 rather than our base case of 4%.