Daily Chemical Reaction
Paradise By The Dashboard Light – BD Derivatives In Motion, No Holes In The Rubber Story (Yet)
- Asia Butadiene (BD) strength is being led by surging global derivative (notably tire input) demand – we discuss the Bridgestone 3Q release, risks with the COVID resurgence and relevant global ratios to frame our view.
- We discuss numerous corporate news/update items (e.g. Nissan Chemical, ICL, Adeka, Braskem & Satorp business updates; more sector M&A news; multiple strategic reviews and capital expenditure announcements, etc.).
- Other sector items worth note range from China bromine prices reflecting an upward trend, to upticks in US ethylene and propylene to close the week, to the Port of Long Beach reporting record container volume in October.
See PDF below for all charts