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2026-05-29 19:44:09
[Germany's chemical industry saw a decline in both volume and price in the first quarter, with the outlook uncertain due to dragging down energy costs] (1) The German Chemical Industry Association (VCI) said on Friday that the industry's output, sales volume and prices all declined in the first quarter. (2) The association warned that rising energy, raw material and transportation costs, affected by the conflict in Iran, are continuing to drag down the industry, and the future outlook is uncertain. (3) According to VCI data, the entire chemical industry, including the pharmaceutical sector, saw a 6% year-on-year decrease in output, a 1% decrease in production prices, and a 5.4% year-on-year decrease in sales revenue in the first quarter.
