Mumbai — The worsening coronavirus crisis has emerged as a threat to global economic growth. But if it leads to disruption in production of chemicals in China’s Hubei province, the epicentre of the outbreak, then it may benefit Indian manufacturers, according to JM Financial.

Hubei has a large chemical industry, and the closure in 2016 of Hubei Chuyuan — one of China’s top producers of dyes — led to a jump in prices and saw shares of Indian producers rally multifold, the brokerage said in a report Monday...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now