The Weekly Catalyst
Global Chemical Update – Unchained Melody
Key Points:
- US integrated commodity chemical producer per-unit profit moves higher WoW and points to a jolly close to an already robust 4Q20 – we think several market indicators suggest this melody will play well into 2021. Take notice.
- Other items highlighted in this report: US integrated PE margins reach a 2020 high; USGC ethane extends its US cracker feedstock leadership position; US PVC market indicators suggest support; Methanol spot rises on a global scale; US benzene values fall relative to major ex-US markets WoW
See PDF below for all charts and tables
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