The Weekly Catalyst
Global Chemical Update – The Final Countdown
- Integrated global commodity chemical producer per-unit profits will close 4Q20 at a notably higher level relative to 2Q lows and on a YoY basis – we flag several beneficiaries and our general views for 2021 in this report.
- Other items highlighted in this report: US integrated PE margins remain near the 2020 high; US ethylene and propylene spot values also sit near 2020 highs; Polymer prices broadly reflect support WoW; Methanol on avg. rise on a global scale; US benzene values fall on avg. relative to ex-US levels WoW
See PDF below for all charts and tables