Daily Chemical Reaction
Vinyl Prices to Sink Lower, Remain Under Pressure; Multiple Industry Reports & Other Items
- We frame the case for PVC price declines into May which suggests profit headwinds for both USGC integrated and non-integrated producers.
- We highlight a few corporate releases that include Air Liquide, Eni (Versalis Chemicals), Olin, Sasol and Covestro.
- Other items of note today range from oil-and-gas commentary, to shifts in SE Asia methanol and China PTA, to India chemical import tariff proposals.
See PDF below for Chart of the Day