Commodities Mentioned:
Ethylene, Natural Gas, Brent Crude, Naphtha, Chelates, Lithium
Companies Mentioned:
Celanese, Westlake, Enterprise, Nova, Shell, CP Chem, LyondellBasell, Henkel, Elementis, Synthomer, Ineos Nitriles, Nouryon, McDermott
Daily Chemical Reaction
Precarious Ethylene Prices, The Three Stand Outs, & The Remainder
Key Points:
- The US contract ethylene settlement for February still leaves the spread with spot prices too high, while spot also look cheap relative to Asia.
- Three corporate items target Henkel, Elementis and Synthomer; our other items section topics today range from battery materials to W. Canada gas.
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