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Corona blues for agrochemical players, input lines may choke

February 03, 2020 / 12:49 AM IST

Ruchi Agrawal | Anubhav Sahu

Highlights
The viral outbreak is seen to impact trade and travel
Production and supply of many chemicals expected to take a hit
Product scarcity and price uptick to impact import-dependent companies
A few local chemical producers to benefit from price uptick and demand shift
Sharp volatility in stocks expected if situation aggravates

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The outbreak of the deadly Coronavirus poses a risk to not just human beings, but also business houses and economies. The implications are varied -- both geographically and sectorally. While many are comparing the outbreak to the SARS epidemic in 2003, the potential impact of a large-scale attack is still being assessed.