Daily Chemical Reaction
Gimme Shelter – Laura Reincarnated As Delta, Global Chemical Consumer Helter Skelter
- This report focuses on a few items supporting global commodity chemical prices near-term (Hurricane Delta adding to USGC production issues and the likelihood of more global gov’t stimulus) and a few key items holding up our cautious medium-term view (slowing wage growth and production returning).
- We highlight several corporate news/update items worth note (e.g. OMV 3Q20 trading update, LyondellBasell FM declaration on PO and derivatives, Nippon Shokubai profit forecast update, Acuity Brands F4Q results, etc.).
- Other items of note today range from Asia benzene production, to multiple European chemical market shifts, to Solvay stepping-up sustainability efforts.
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