Episode 1088: Think Tank: China exports chemical price deflation

China is exporting increasing volumes of cheap chemicals to Latin America and other regions as a huge wave of new capacity comes online, pressuring margins for producers around the world. -          Global overcapacity leading to chemical price deflation-          Producers in Latin America fight imports from China, Middle East, US-          Reshoring of manufacturing in Mexico stimulates chemicals -          Global economy cannot rely on developing countries to fuel growth-          Climate emergency will hinder emerging markets-          UN conference on plastics pollution taking place in Nairobi  -          Aims to agree binding global agreement on plastics pollution by 2024