Commodities Mentioned:
Propylene, Propane, Ethane, Polyethylene, Polypropylene, Polyvinyl Chloride, Benzene, Butadiene, Ethylene, Methanol, Natural Gas, Brent Crude, Naphtha, Lithium
Companies Mentioned:
LyondellBasell, ExxonMobil, Braskem, PPG, Huntsman, Symrise, Lanxess, Henkel
Daily Chemical Reaction
Weakening Propylene Markets & The Three Tenors
Key Points:
- Global propylene markets appear set to weaken amid increased supply – we will not be surprised if US spot PGP falls more than 10% from Feb. levels by May 2020.
- Three corporate items today target Symrise, Lanxess and Henkel; other items of note range from global refinery growth to lithium supply diversity.
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