Konjunktur: Chemieindustrie bewertet Lage erstmals seit vier Jahren positiv
Die Blockade der Straße von Homus erhöht zwar die Energiepreise – aber auch die Nachfrage nach chemischen Erzeugnissen aus Deutschland. Das hellt die Stimmung der Branche auf.
In recent news, the German chemical industry reports a significant turn in its business outlook. For the first time in four years, companies are now evaluating their economic situation positively. According to the Ifo Institute's barometer, released on Friday, the index climbed to +11.6 points in August from -14.6 points in July.
Expectations also improved, moving from -37.2 to -15.5 points. This positive change in the business climate, comprising both the situation and expectations, saw the index rise from -26.3 points in July to a more manageable minus 2.4 points.
The persistent blockade of the Hormuz Strait and the resulting supply shortages in Asia have increased the demand for chemical products produced in Germany, explains Anna Wolf, an Ifo branch expert. Given the geopolitical situation's lack of improvement, companies anticipate the continuation of this special economic upturn. Their production plans indicate an expansion in manufacturing.
Furthermore, the export business is gaining momentum again, with the corresponding indicator increasing to +10.1 points from -22.7 points in July.
Additionally, the supply situation has somewhat relaxed. In the third quarter, only 13.8 percent of chemical companies reported material shortages, down from one-third of businesses in the second quarter.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
