Daily Chemical Reactions

Rawhide – Chemical Sector Rolls Ahead, Mixed Indicators & Low Visibility Suggest Bumpy Ride  
November 19, 2020
Commodities Mentioned:
Plastics (PP, PE, PVC, etc.), Propylene, Ethylene, Benzene, Isocyanates, Paraxylene, Methanol, Hydrogen, Tall Oil Fatty Acids (TOFA), Crude/Naphtha, Natural Gas/NGLs
Companies Mentioned:
Air Liquide, BASF, Ciech, Dow, Eastman Chemical, Eneos, Huntsman, Southern Petchem Industries, Jindal Poly Films, JM, Kemira Koppers, Kraton. Linde, Siemens, Rompetrol, PTTGC America, Range Resources, Sika, Shell, Westlake, TechnipFMC, OMV, Sempra Energy, China XD Plastics

Daily Chemical Reaction

 

Rawhide – Chemical Sector Rolls Ahead, Mixed Indicators & Low Visibility Suggest Bumpy Ride  

 

Key Points:

  • Home products demand remains solid, commodity chemical prices remain elevated in part because of upstream production issues, and US petrochemical developments remain in motion – we note news targeting each of these trends.
  • We highlight several corporate news/update items (e.g. Jindal Poly Films, Johnson Matthey (JM), Kemira, Koppers & China XD Plastics updates; Eastman, BASF, PTTGC, Sika & Eneos production news; Kraton price hikes, etc.)  
  • Other items today range from US chemical rail traffic reflecting a five-year high for this time of year, to strength in Asia benzene and US methanol mid-week, to rising sector ESG news and a circular economy infographic display.

See PDF below for all charts 

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