Do falling oil prices mean chemical companies need to drop their prices?
Oil prices have dropped to their lowest point in years. When prices for oil heavily fluctuated in the past, prices in the chemical industry have typically followed suit. The rise in prices for oil and derivatives over the last decade has been a key rationale behind many chemical companies announcing price increases. However, the tables are turning: customers are seeing drops in oil prices. Many are assuming chemical companies are enjoying reduced raw material costs, and are beginning to demand their share of the savings.
Join this webinar to learn from Chemical industry experts how to:
- Analyze your business and market to determine reasons for delaying price drops or holding price
- Set a strategic pricing action plan with clear rationale
- Effectively manage pricing moves while protecting your profits
Download this webinar to hear expert advice on how to address current and future volatile market conditions.