Daily Chemical Reactions

US Propylene Prices to Remain Under Pressure; The Corporate Update Stampede
May 7, 2020
Commodities Mentioned:
Propylene, Naphtha, Propane, Polypropylene, Lithium, Oil, Natural Gas, Polyethylene, EPDM, Ethylene, Plastics
Companies Mentioned:
Enterprise Products, LyondellBasell, Sherwin Williams, PPG, Akzo Nobel, Braskem, Methanex, SCC, LyondellBasell, Albemarle, Trinseo, Evonik, Linde, DSM, Axalta, Brenntag, SK Innovation

Daily Chemical Reaction

 

US Propylene Prices to Remain Under Pressure; The Corporate Update Stampede; Other Items

Key Points:
  • We think downward pressure on USGC propylene prices will likely persist into June and 2H20 – we argue our case and flag potential winners and losers.
  • We provide our takeaways from following multiple corporate releases (Albemarle, Trinseo, Evonik, Linde, DSM, Axalta and Brenntag).
  • Other items of note today range from oil-and-gas commentary, to higher China PP and PE inventory WoW, to the SK view on battery demand.

See PDF Below for Chart of the Day and Other Charts 

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