Daily Chemical Reactions

Don’t Stop ‘Til You Get Enough – Asia Chemical Market Indicators Dance To Rising Production
January 12, 2021
Commodities Mentioned:
Ethylene, Butadiene, Propylene, Plastics (PVC, PP, PE, PS, PET, etc.), PLA, Lithium, Paraxylene, Polyamides, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
ARLANXEO, Goodyear, Invista, Kraton, BASF, Celanese, Chevron, DSM, Enel, Maire Tecnimont, Fluor, Formosa, Hexion, Ineos, Johnson Matthey, Momentive, Kemira, Kuraray, Lanxess, Piedmont Lithium, PPG, Sika, Synthos, Wood, W.R. Grace, LG Chem, Ben & Jerry’s

Daily Chemical Reaction

Don’t Stop ‘Til You Get Enough – Asia Chemical Market Indicators Dance To Rising Production

Key Points:

  • 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

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