Daily Chemical Reactions

Cooking for Recovery, Eating Disordered; Caustic Soda & Propylene Thoughts
April 29, 2020
Commodities Mentioned:
Oil, Natural Gas, Ethane, Propane, Caustic Soda, Chlorine, Polyvinyl Chloride (PVC), Polypropylene, Propylene, Ethylene, Methanol, Benzene
Companies Mentioned:
Westlake, Olin, OxyChem, Formosa, Shin-Etsu Chemical (Shintech), LyondellBasell, Sherwin Williams, CP Chem, ExxonMobil, Covestro, Enterprise, Worley, Valero, Ecolab, Synthomer, Indorama, PetroChina, Sinopec, CNOOC

Daily Chemical Reaction

 

Cooking for Recovery, Eating Disordered; Caustic Soda & Propylene Thoughts; Other Industry Items

Key Points:

  • We provide our takeaways from following multiple corporate releases (Covestro, Enterprise Products, Sherwin Williams, Shin-Etsu & Worley).
  • We discuss caustic soda and propylene pricing, and we see any 2Q US contract price support in these two products as likely to be short-lived.
  • Other items of note today range from oil-and-gas commentary, to supply-chain items of note, to declining new ship orders amid trade uncertainties

See PDF below for Chart of the Day 



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