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Chemical Makers in India May Gain From China Virus Lockdown

Chemical Makers in India May Gain From China Virus Lockdown

Tuesday, January 28, 2020, 5:08 PM

Indian chemical manufacturers may benefit if a lockdown due to the coronavirus outbreak disrupts chemical production in China's Hubei province, JM Financial said. "Currently none of the Hubei industries seem to have been impacted and dye intermediate prices have also not rallied," the brokerage added. At least 4,515 people have been infected in China, 60% of them in Hubei province.
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