Daily Chemical Reaction
Dance To The Music – Sector Optimism Pops Higher As Asia Strengthens, Locking Ability In Question
Key Points:
- Further improvement in Asia petrochemical prices keeps positive sector sentiment in motion to start the week and the trend is favorable for producers profit near-term – we discuss items keeping our outlook optimism in check.
- We highlight multiple relevant corporate items (e.g. Axalta, Nippon Paint, PPG, Univar, Shin-Etsu & Wacker corporate strategy news; BASF, Lanxess & Formosa facility news; multiple sector price hike notices, etc.)
- Other items in this report range from the ending of Chinese waste imports on January 1, to plastic processor push in India to ban/restrict raw material exports, to a mattress recycling law shifting starting in 2021 in California.
See PDF below for all charts