Daily Chemical Reactions

Don’t Scratch the Vinyl – USGC PVC Profit Tune Remains Upbeat; VAM Price Hikes
June 16, 2020
Commodities Mentioned:
Oil, Natural Gas, Caustic Soda, Chlorine, Ethylene, Polyvinyl Chloride (PVC), Polyethylene, Polypropylene, Acetic Acid, Vinyl Acetate Monomer (VAM), Methanol, Methyl Methacrylate (MMA)
Companies Mentioned:
Westlake, OxyChem, Formosa, Shintech, Celanese, 3M, Ineos, LyondellBasell, CP Chem, Sasol, Dow, Shell, Hanwha, Lotte Chemical, Honda

Daily Chemical Reaction

Don’t Scratch the Vinyl – USGC PVC Profit Tune Remains Upbeat; VAM Price Hikes; Other Items

Key Points:
  • We discuss recent US polyvinyl chloride (PVC) market price support that we view as a plus for USGC producer integrated profit support into 3Q20.
  • We highlight Celanese vinyl acetate monomer (VAM) price hike news – the trend in Asia feedstocks and supply issues supports the uptick in our view.  
  • Other items of note today range from our perspectives report targeting the need to re-shore US manufacturing to US spot benzene market support.

See PDF below for all charts 

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