The Weekly Catalyst
Global Chemical Update – More Puddles Than Cuddles
Key Points:
- Our global petrochemical price and margin analysis implies that the love resulting from supply chain dislocations during the past month is starting to chill. Now with volume returning, we see more puddles than cuddles ahead.
- Other items discussed in this report: the global petrochemical production cost curve flattens WoW; China PVC values rise, and global prices reflect a five-year high; and China HDPE reflects a downward trend since late August.
See PDF below for all charts and tables