Daily Chemical Reactions

Shake, Rattle & Roll – Methanol Emerges From The Doldrums, Further Improvement In Question
September 24, 2020
Commodities Mentioned:
Methanol, Formaldehyde, Acetic Acid, MTBE, DME, Natural Gas, Coal, Naphtha, Ethylene, Propylene, Butanediol, ABS
Companies Mentioned:
Celanese, Methanex, Southern Chemical Corp. (SCC), LyondellBasell, Indorama, Natgasoline, SABIC, Aramco, Kuraray, AkzoNobel, Alcoa, Citgo, CNOOC, Borealis, Covestro, Henkel, Unilever, Manali Petrochemical, PetroChina, PTTGC, Range Resources, Sekisui, Total

Daily Chemical Reaction

 

Shake, Rattle & Roll – Methanol Emerges From The Doldrums, Further Improvement In Question      

 

Key Points:

  • US spot methanol values reflect strength MoM and contract price hikes are arriving for October – we evaluate US values relative to NW Europe and Asia, and flag derivative trends that will likely keep US price hikes in check.
  • We highlight several corporate news/update items worth note today (e.g. PTTGC, AkzoNobel, Borealis, CNOOC, LyondellBasell, etc.).
  • Other items worth note today range from spot ethylene price strength in SE Asia amid outages, US refinery operating rates taking a step lower WoW, and some limitations in Europe-Asia naphtha product flows.

See PDF below for all charts

Contact us to subscribe to our services and gain access to full content.