Daily Chemical Reactions

PE, PP & The Rule of Three
March 3, 2020
Commodities Mentioned:
Polyethylene, Polypropylene, Ethylene, Propylene, Methanol, Ethane, Naphtha, Crude Oil, Natural Gas, Bunker Fuel, Toluene
Companies Mentioned:
Dow Chemical, LyondellBasell, ExxonMobil, Formosa, CP Chem, SQM, Ferro, Olin, McDermott, W.R. Grace, BASF

Daily Chemical Reaction

PE, PP & The Rule of Three

Key Points:
  • US polyethylene and polypropylene strength in 1Q20 is not sustainable – we put forth our case for why US prices are likely to fall in 2Q20.
  • Five corporate items range from the SQM report to McDermott news; the other items today range from Asia LNG hits in Japan to Europe Toluene.


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