Daily Chemical Reaction
US Polyethylene Markets Find Support; Butadiene Finds A Rubbery Bottom; Other Items
- We discuss recent US polyethylene market price support that we view as a plus for USGC producers near-term – our 2H20 outlook remains negative.
- We quickly touch on the Butadiene market as prices have found support after a significant contraction since the start of the year.
- We discuss multiple global corporate releases and news items (Borealis, Covestro, Huntsman and Shell/CNOOC).
- Other items of note today range from oil-and-gas commentary, to styrene flows in the US and Korea, to the restart of auto production in some areas.
See PDF Below for all Charts Referenced