Daily Chemical Reaction
US Propylene Prices to Remain Under Pressure; The Corporate Update Stampede; Other Items
- 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