Daily Chemical Reactions

Prancing & Shadow Dancing – 4Q20 Sector Views Remain Cheerful, 1H21 Views Border On Wishful
November 6, 2020
Commodities Mentioned:
Acrylonitrile, Acetic Acid, Acetate Tow, Methanol, Ethylene, Propylene, Butadiene, Plastics (PP, PE, PVC), Isocyanates, Nylon, Crude Oil/Naphtha, Natural Gas/NGLs
Companies Mentioned:
Albemarle, Arkema, Asahi Kasei, Axalta, Chart Industries, Compass, Daicel, Celanese, Eastman Chemical, DuPont, Ferro, IMCD, Kolon Industries, Kumho Petrochemical, LG Chemical, Linde, LyondellBasell, Merch, Nippon Shokubai, Neste, Olin, Trinseo, Univar, Univation, Venator

Daily Chemical Reaction

 

Prancing & Shadow Dancing – 4Q20 Sector Views Remain Cheerful, 1H21 Views Border On Wishful      

Key Points:

  • Chemical sector order books and price hike announcements reflect broad-based demand strength WoW – we focus on Asia today as a leading indicator of sector health and discuss a few key commodity and earnings report items.
  • We discuss numerous corporate news/update items (e.g. Daicel, Formosa Plastics, Nippon Shokubai, Linde, Asahi Kasei and Trinseo business updates; Ascend, BASF and Trinseo price hikes; and multiple strategic reviews, etc.).
  • Other sector items worth note range from the movement in ex-US naphtha values relative to USGC ethane, to a review of the HDPE market on a global scale, to Peloton cycling to higher sales but facing product shipment delays.

See PDF below for all charts 

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