Daily Chemical Reaction
US Price Strength Caution & Other Items
- Take caution with near-term US commodity strength as prices abroad are falling, and this will eventually impact the US in our view. International price trends have almost always been a leading indicator for domestic prices.
- Corporate items (DuPont) and 4Q19 reports/read-throughs (Westlake and Fluor) worth note today; Other items in the news, US recycling to Lonza spin.