Commodities Mentioned:
Methanol, MEG, MDI, Phenol, Urea, Benzene, Paraxylene
Companies Mentioned:
Methanex, OCI, LyondellBasell, Celanese, Brenntag, Evonik, SABIC, Clariant, Hexion, Wanhua, Sinochem, Porsche, Lotte Chemical, DuPont
Daily Chemical Reaction
Methanol, Corporate Read Throughs & Other Items
Key Points:
- USGC methanol values have surged relative to overseas prices and US natural gas – we view the current spreads as unsustainable.
- Five corporate items range from the Brenntag to Hexion news; the other items today range from India chemical imports to a Porsche battery warning.
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