The global petrochemical cost curve is flattening rapidly alongside rising end-market demand headwinds – we foresee downward pressure on prices, especially in the US.
Five corporate items span recent 4Q chemical producer results; Other items range from moderating US trucking rates to Asia PTA & Paraxylene . . .
Commodities Mentioned:
Ethylene, Propylene, Polypropylene, Methanol, Benzene, Ethane, Naphtha, PTA, Paraxylene
Ethylene, Propylene, Polypropylene, Methanol, Benzene, Ethane, Naphtha, PTA, Paraxylene
Companies Mentioned:
Orbia, Arkema, Kraton, Univar, Element Solutions, LG Chemical, Trex
Orbia, Arkema, Kraton, Univar, Element Solutions, LG Chemical, Trex