The Weekly Catalyst
Global Chemical Update – More Than A Pipe Dream
Key Points:
- Polyvinyl chloride (PVC) spot prices hit five-year highs in the US and Asia, and we maintain a positive view of PVC relative to other major polymers.
- Other items of note: avg. China PVC and caustic soda values both reflect spot price support WoW; Ex-US petrochemical production costs fall WoW; US methanol spot values reflect a growing premium to Asia per our model.
See PDF below for all charts and tables
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