Daily Chemical Reactions

From Near Term Flop-timism To Medium-Term Optimism – Corporate Views Evolve; Ethylene & Methanol Contract Thoughts
April 28, 2020
Commodities Mentioned:
Oil, Coal, Natural Gas, Ethane, Ethylene, Methanol, Benzene
Companies Mentioned:
Celanese, OxyChem, Westlake, CP Chem, Shell, Nova, Sasol, Methanex, SCC, PPG, 3M, LG Chem, Kemira, Sekisui, Koppers

Daily Chemical Reaction

 

From Near Term Flop-timism To Medium-Term Optimism – Corporate Views Evolve; Ethylene & Methanol Contract Thoughts; Other Items

Key Points:
  • We provide our takeaways from following corporate releases (Celanese, PPG, 3M, LG Chem, Kemira, Sekisui & Koppers).
  • We maintain a negative view on US ethylene and methanol near-term, and we highlight our general view for these contract market in early 2Q20.
  • Other items of note today range from oil-and-gas commentary, to shifts in Asia benzene and Europe PU feedstocks, to California putting its single-use bag ban on hold amid COVID-19 issues.

See PDF Below for Chart of the Day



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