The Weekly Catalyst
Global Chemical Update – Another US Blow Pop?
Key Points:
- Another USGC storm has developed and is forecasted to make landfall in SE LA this week – we view US chlor-vinyl production as most at risk but see it broadly keeping already heavily disrupted chemical supply chains tight.
- Other items of note: US methanol spot values decline WoW but continue to reflect a premium to Asia; the global petrochemical production cost curve sat unchanged WoW; and Asia spot Butadiene surging with derivatives.
See PDF below for all charts and tables