Daily Chemical Reactions

When The Levee Breaks – US Methanol Margin Pressure Inevitable
June 2, 2020
Commodities Mentioned:
Oil, Natural Gas, Ethylene, Propylene, Polyethylene, Polypropylene, Polyvinyl Chloride, Acetic Acid, Methanol, Butadiene, Styrene
Companies Mentioned:
Methanex, SCC, SABIC, Celanese, LyondellBasell, Dow, CP Chem, ExxonMobil, Braskem, Formosa, Total, Ineos, PetroChina, Arkema

Daily Chemical Reaction


When The Levee Breaks – US Methanol Margin Pressure Inevitable; PE & PP Thoughts; Other Items  

Key Points:
  • USGC per unit methanol margins have faced downward pressure since March – we see more downward pressure ahead and present our argument.
  • Other commodity items discussed today include US polyethylene contract nominations for June and a sizable USGC 2H20 polypropylene addition.
  • Other items of note today range from oil-and-gas commentary, to multiple supply chain items worth note, to China demand lagging expectations.

See PDF below for all charts referenced 

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