Daily Chemical Reaction
Skewed Moods In Solitude – Consumers Spending Increasingly Targets The Home & Great Outdoors
Key Points:
- We discuss the strength in outdoor and construction end-markets from recent sector business updates – we foresee construction chemicals demand staying stronger for longer and comment to developments in PVC.
- We highlight the narrow price spread between Asia and USGC ethylene, and we flag multiple corporate releases/items of note (e.g. Avient, Braskem, Calgon Carbon, Evonik, H.B. Fuller, Sterling, Itcochu, Borealis, Borouge).
- Other relevant items today range from a need from price transparency in global carbon markets, to demand slowing for some commodities (IPA) that saw surges early in the pandemic, to USGC Natural Gas price volatility.
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