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