The Weekly Catalyst
Global Chemical Update – The Odd (De-)Couple
Key Points:
- Butadiene reflects multi-year lows relative to ethylene in most markets. This illustrates the disconnect between the consumable and durable markets.
- Asia chemical values on avg. rise WoW relative to the US and Europe. This could encourage positive commentary in conferences this week – we do not believe the strength is sustainable.
See PDF Below for all Charts
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