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

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