Daily Chemical Reactions

Beyond The Sea – US Ethylene & Propylene Remain Elevated Relative to Asia, Regional ESG Efforts Rise
January 15, 2021
Commodities Mentioned:
Plastics (PVC, PP, PE, PS, PET, etc.), Ethylene, Propylene, Neopentyl Glycol, Graphene, Base Oil, Bitumen, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
ADNOC, App. Graphene Mat., Aviant, Clariant, Casale, CVR Energy, Delek, Engel Gruppe, Essar, Ineos, Progressive Energy, Honeywell, Inter Pipeline, Worley, Lanxess, Mammoet, OQ Chemicals, Shell, Total, Tellurian, YNCC, BASF, BMW, Chipotle, Daimler, McDonald’s, Naturgy, Hyundai

Daily Chemical Reaction

Beyond The Sea – US Ethylene & Propylene Remain Elevated Relative to Asia, Regional ESG Efforts Rise

Key Points:

  • We evaluate USGC spot ethylene and polymer grade propylene prices at the close of the week. Both reflect sizable improvement since the end of 2020 and trade at premium levels to Asia – a setting unlikely to endure long-term.      
  • We highlight multiple corporate items (e.g., Aviant, Ineos, Inter Pipeline, Shell & Tellurian project news; BASF & YNCC petrochemical production updates; Numerous ESG news and downstream product health updates)  
  • Other relevant items in this report include the recent increase in USGC ethane values relative to ex-US naphtha, an estimated material roadmap for zero-carbon cars, and a Port of Los Angeles import traffic update.   

See PDF below for all charts, tables and diagrams

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