German chemicals lobby VCI says no sector turnaround in sight after weak Q3

Reuters
2025/11/11
German chemicals lobby VCI says no sector turnaround in sight after weak Q3

Nov 11 (Reuters) - Germany's chemicals lobby VCI said on Tuesday that production, sales and prices declined in the industry during the third quarter, as the chemical sector remains under pressure from overcapacity, high operating costs and a difficult economic environment.

The German chemical industry, including pharmaceuticals, saw a 1.5% drop in quarterly production numbers, while producer prices declined by 0.6%, VCI said.

"The chemical industry, in particular, is struggling on all fronts. Production, sales, prices, capacity utilization: everything is in decline," VCI Managing Director Wolfgang Grosse Entrup said in a press release.

"A sense of optimism? Nowhere to be seen," he added, citing special funds and some economic policy adjustments that had failed to bring about an economic relief for the sector.

The industry association maintained its gloomy 2025 forecasts, with production volumes expected to fall by 2% and industrial sales by 1%, and said a turnaround for the better was "not in sight".

(Reporting by Anastasiia Kozlova and Ozan Ergenay in Gdansk; editing by Milla Nissi-Prussak)

((Anastasiia.Kozlova@thomsonreuters.com; Ozan.Ergenay@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10