Daily Chemical Reaction
Don’t Stop ‘Til You Get Enough – Asia Chemical Market Indicators Dance To Rising Production
- Asia spot butadiene (BD) reflects notable price weakness relative to peer monomers because of increased production and fewer derivative capacity additions. Today, we flag a few relevant spot market and derivative trends.
- We highlight multiple corporate items (e.g., BASF, Celanese, Enel, Hexion, KCC, Lanxess, Momentive, Piedmont Lithium, & PPG strategic initiatives; DSM, Kuraray & Rohm price hikes; Kemira, Formosa & Sika updates)
- Other relevant items within this report include US ethylene and polymer-grade propylene spot market strength WoW; renewables to grow faster than other US power generation sources; thoughts on recent US currency shifts.
See PDF below for all charts, tables and diagrams