Daily Chemical Reaction
Bad Case Of Loving You – More News Of Chemical Production Upticks Emerge Amid Elevated Margins
- US commodity chemical prices broadly marched higher in 3Q20 but reflect slowing momentum in 4Q20 – today, we highlight multiple global production updates that give us confidence that a supply response is on its way.
- We highlight several corporate news/update items worth note today (e.g. Braskem, Kuraray, Mitsui Chemicals, OCI and OxyChem updates; Evonik, Wanhua, OMPL, Sasol and Sadara production items of note, etc.)
- Other items today range from our display of estimated methanol-to-olefins (MTO) profit trends following recent OCI commentary, to the upward trend in rubber (& feedstock) prices, to mounting decarbonization initiative news.
See PDF below for all charts