Daily Chemical Reaction
Asia Derivatives React to Higher Ethylene – USGC Producers Eye Price increases; Other Items
Key Points:
- Asia ethylene markets tightened further this week and derivative markets are reacting – we expect the elevated prices to spur greater ex-Asia supply.
- We highlight happenings in the North America polyethylene market, note the recent strength in US benzene and further discuss the methanol setting.
- Other items of note range from energy commentary, to VAM Asia outages, to auto production supply chains fighting to restart amid uncertain demand.
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