Daily Chemical Reaction
Rock & Roll – Demand Indicators Remain In Focus As Global Supply Begins To Roll In
Key Points:
- Asia commodity chemical trends reflect some stark differences relative to those seen in USGC markets. Today, we flag a few relevant commodity and derivative market findings and discuss potential sub-sector sentiment shifts.
- We highlight multiple corporate items (e.g., Hanwha, Solvay, IPL Plastics, SABIC, Iquisa & Croda strategic initiatives; Dow & Trinseo price hikes; Borealis, Total Petrochemical & West Coast Olefins facility updates)
- Other relevant items within this report include Asia petrochemical values relative to feedstock naphtha; refiners increasing their renewables investment in the net-zero race; China NEV vehicle sales remaining robust in late 2020
See PDF below for all charts, tables and diagrams