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China’s Chemical Sector Bears Brunt of Coronavirus Blow

The demand for response supplies and relevant raw materials has exploded after the outbreak started in China. The overall short-term demand in the chemical sector is repressed mostly due to disruption of the supply chain.

As of February 15, 2020, the novel coronavirus which originated in the Chinese city of Wuhan has infected nearly 70,000 nationwide, killing over 1,500 [1]. Though the virus appears not as deadly as epidemics like SARS or Ebola, its infection count is already bigger than them combined.

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