Everybody Wants Some – Supply Chain Disruptions Linger, Prices Shift, ESG Appetites Seem Insatiable

Daily Chemical Reaction

Everybody Wants Some – Supply Chain Disruptions Linger, Prices Shift, ESG Appetites Seem Insatiable

Key Points:

• We highlight evidence that supply chain disruptions are lingering in a few home product categories that we view as a general positive for chemical input producers. Supply will respond but may not be significant until 2Q21.   
• We highlight multiple corporate items (e.g., Avient, BASF, Denbury, Hanwha, Highsun, Mitsubishi Chemical, S-Oil, Advanced Petrochemical & Sibur strategic moves; Enterprise & Navigator Holdings USGC ethylene storage update; several new recycling & sustainability updates)  
• Other relevant items within this report include: US chemical production moves higher MoM in December; China polymer prices trend lower relative to US levels; Port of Los Angeles import traffic continues to surge.  

See PDF below for all charts, tables and diagrams