Coronavirus impact on commodity chemical companies' stock price by revenue class 2020

Published by Statista Research Department, Apr 3, 2023
The coronavirus (COVID-19) pandemic had a measurably negative impact on the stock price of commodity chemical companies worldwide in February and March 2020 when compared to January 2020. The average stock decline of commodity chemicals companies with a medium-range revenue (between 500 million and five billion U.S. dollars in annual revenue) in February and March 2020 compared to January 2020 was 17 percent.

Commodity chemicals refers to a group of chemicals that are created on a very large scale in order to satisfy the global market demand for them, such as ethylene. Some of the main companies in this industry include BASF, LyondellBasell, and SABIC.

Impact of coronavirus (COVID-19) on stock price of commodity chemical companies worldwide from January to March 2020 by revenue category (in percent)

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Release date

April 2020

Region

Worldwide

Survey time period

January to March 2020

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