Daily Chemical Reaction
Margins and Inventory: The Baking Before The Shaking & Other Items
- We foresee net profit weakness into 2Q20 across both the US and Europe commodity chemical sector as prices trend lower – clients take notice.
- Five corporate items today target DuPont, Westlake, OMV/Borealis, Albemarle and Sherwin Williams
- Other items range from China refineries loving the Russia-Saudi oil dispute to a status update on Versalis petrochemical operations in Italy.