Daily Chemical Reaction
She’s a Brick…House – Building & Construction Keeps The Light On For Plastics Demand
- We discuss plastics targeting the Building & Construction market – we view current trends as most beneficial for PVC producers, such as Westlake, and flag PU products targeting this market from Huntsman, BASF and Dow.
- Our chart of the day highlights the five-year low reached this week in Asia Butadiene (BD) prices relative to avg. Asia ethylene – we continue to find stiff demand headwinds facing BD/rubber applications (most notably tires).
- Other items of note range from oil-and-gas commentary, to the PQ 2Q20 business update that rings positive for a refining services demand pick-up, to Tosoh expanding bromine production in China despite recent spot weakness.
See PDF below for all charts