The Weekly Catalyst

Global Chemical Update – Asia Upstream Loses Steam, US Chemical Profit Trains Face Downward Export Tunnel
August 24, 2020
Report Sections:
Feedstocks & Energy, Global Ethylene Cracker, Spot Profit Analysis, Ethylene & Propylene, Price Trends, Polyethylene Review, Other Relevant Global Polymer Trends, Other Relevant Global Chemical Trends, Global Chemical Data Sheets, Flow Charts & Other Ancillary Data
Companies Mentioned:
LyondellBasell, Dow, ExxonMobil, CP Chem, Braskem, PPG, Sherwin Williams, Methanex, Natgasoline, SCC

The Weekly Catalyst

 

Global Chemical Update – Asia Upstream Loses Steam, US Chemical Profit Trains Face Downward Export Tunnel

Key Points:

  • USGC spot ethylene and ethane values rise relative to Asia ethylene and naphtha values WoW – USGC petrochemical export profit headwinds stiffen. This is generally a leading indicator for domestic margins and profits.
  • Other items of note: a) we discuss stalling US propylene spot price strength WoW – a positive for some non-integrated buyers; and b) US methanol prices decline WoW – a negative for producers facing higher US natural gas prices.    

See PDF below for all charts and tables 

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