Daily Chemical Reactions

Vinyl Prices to Sink Lower, Remain Under Pressure; Multiple Industry Reports
April 24, 2020
Commodities Mentioned:
Oil, Natural Gas, Ethane, Chlorine, Caustic Soda, Ethylene Di-Chloride (EDC), Vinyl Chloride Monomer (VCM), Polyvinyl Chloride (PVC), Methanol, PTA
Companies Mentioned:
Olin, Westlake, Formosa, Shintech, OxyChem, Air Liquide, Eni (Versalis), Sasol, Covestro

Daily Chemical Reaction

 

Vinyl Prices to Sink Lower, Remain Under Pressure; Multiple Industry Reports & Other Items

 

Key Points:
  • 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



Client Login

Learn About Our Subscriptions and Request a Trial

to gain full access and experience our services!

Request a Free Trial