Daily Chemical Reaction
Cheap Butadiene, Imbalanced Chlor-Alkali; Four Corporate Releases of Note; & Other Items
- Butadiene prices are declining relative to the other major ethylene cracker co-products MTD – we frame our view of this market.
- We discuss the PVC and caustic soda markets as multiple industry reports emerge overnight – we view the industry overall as in a tough spot currently.
- We highlight takeaways from four corporate releases since the start of the week: Silgan, Akzo Nobel, Orocobre & Graphic Packaging.
- Other items of note today range from crude oil comments, to multi-year lows in ethylene and benzene, to automotive market commentary.
There are several charts in this report – please see the PDF below