Few signs of strong Q3 rebound as pandemic persists

摘要

BARCELONA (ICIS)--Hopes for a strong post-lockdown rebound in demand for chemicals are evaporating thanks to a resurgence in coronavirus cases in the US and elsewhere, with few signs of a strong pick-up yet in the important automotive end-use sector. The US suffered its largest daily rise in new cases since the pandemic began on Thursday, recording more than 60,000 positive tests. Cases passed the three million mark from two million less than a month ago. Several states are planning to reverse moves to reopen parts of the world’s largest economy.