The Weekly Catalyst

Global Chemical Update – Pandemic Pallets, Unclear Habits  
September 28, 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, Braskem, Dow, Westlake, Methanex, SCC, Mitsui Chemicals, Celanese, Natgasoline, Amazon

The Weekly Catalyst

 

Global Chemical Update – Pandemic Pallets, Unclear Habits     

Key Points:

  • We find rising evidence that food retailers are stocking inventory ahead of uncertain demand in 4Q – this adds to factors spurring plastic resin strength near term, but it also increases our confidence in an eventual reversal ahead, although it is less clear when that will be given COVID’s persistence.
  • Other items of note range from strength in US HDPE relative to avg. Asia levels WoW, to continued strength in US PP relative to PGP that we think will face headwinds in 4Q, to the rising US methanol values relative to Asia WoW.   

See PDF below for all charts and tables 

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