BMI View: Brazilian chemicals producers are set for a better business environment in H213 as government measures help stimulate consumption, support industry growth and offset the effects of high operating costs. However, BMI still forecasts an erosion of market share to cheaper imports, particularly from the US due to the strength of the real and the US’s lower ethane costs. The first few months of 2013 saw a modest contraction in the Brazilian chemicals industry’s domestic sales and output. The pace of sales has not matched the increase in domestic demand, with apparent consumption in the first four months rising …
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