Daily Chemical Reaction
Living the Dream – USGC Ethylene Chain Strength Persists, Likely 2H20 Asia Wake Up Call in Focus
Key Points:
- Asia ethylene strength has been both a common theme and benefit for US C2-chain exporters in 2Q20 – we question the durability of this trend today.
- Other commodity topics today include US propylene production limping higher, support in a key Butadiene derivative and further methanol thoughts.
- Other relevant sector items of note include oil-and-gas commentary, the uptick in US chemical rail volume WoW, and weakness in Aerospace inputs.
See PDF below for all charts