Daily Chemical Reactions

Benzene, Styrene, PE & Other Items
February 25, 2020
Commodities Mentioned:
Benzene, Toluene, Styrene, Polyethylene, Brent Crude, US Natural Gas, Methyl Methacrylate, Caustic Soda, Polyvinyl Chloride
Companies Mentioned:
LyondellBasell, Ineos, Trinseo, Westlake, Flint Hills, ExxonMobil, Valero, Total, Shell, CP Chem, Dow Chemical, Sasol, Formosa, Olin, Arkema, Croda, AECI Ltd., Saudi Aramco, SABIC, Home Depot

US benzene strength relative to styrene weakness – we frame the unusual and unsustainable situation. US PE contract price nominations suggest greater tightness in LDPE.
Six corporate items target sector activist news and 4Q results; Other items in the news range from the Aramco shale gas project to China caustic exports . . .

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