Daily Chemical Reaction
US PE Producers Fight for Price Support in May; Numerous Global Corporate Reports; Other Items
Conference Call with BASF today (May 12) at 11am ECT
Key Points:
- We discuss US polyethylene producer price hike nominations for June and recent trends in the ethylene market – we see any strength as short-lived.
- We provide our takeaways following three corporate earnings releases (Amcor, Ashi Kasei, Energy Transfer, Hanwha Solutions, Indorama, IFF, Univar, Aramco, Lotte Chemical, Mitsubishi Gas Chemical, Tokai & Tosoh).
- Other items of note range from oil-and-gas commentary, to India markets starting to show initial signs of life, to global aviation activity.
See PDF Below for all Charts