Daily Chemical Reaction
Forecasts For A Return To Normal Continue To Be Pushed Out; Europe Contract Updates; Other Items
Important dates for your calendar.
Conference Call with Andrew Liveris – April 2nd 7.30am ECT
Conference Call with Braskem – April 3rd 11.30am ECT
Key Points:
- We discuss delays in US auto production restarts and views from Dow CEO Jim Fitterling targeting sector conditions – clients take notice.
- Europe ethylene, propylene and benzene contract prices fall for April – not a surprise but the trend rings negative for US price negotiations.
- We highlight several other items, ranging from SBR trends in Asia to the extension of NEV purchase incentives in China for two more years.