The Weekly Catalyst
Global Chemical Update – Ahead Of The (Downward) Curve
- We think many global petrochemical spot markets will face significant tests in 4Q as production improves and demand faces less COVID-19 induced shifts – we see think the US could face the sharpest turn in the road ahead.
- Key items this week include: US spot HDPE hitting a YTD high relative to ethylene; recent strength in US PP relative to PGP; Asia PVC values moving to a 2020 high; and US methanol values moving higher relative to Asia WoW.
- But, of course, there is one more potential Hurricane on its way!
See PDF below for all charts and tables