The Weekly Catalyst
Global Chemical Update – Something in The Way She Moves
Key Points:
- US spot ethylene values have moderated from the recent multi-year highs seen in early 2021, but Asia spot prices have fallen on a relative basis. Today, we highlight this development and trends likely to emerge later this year.
- Other items highlighted in this report: Ex-US naphtha values fall relative to US ethane WoW; US PE and PP strength WoW, while US spot PVC takes a step lower; US spot propylene rises again, and relative to Asia WoW; Asia and NW Europe benzene values rise relative to USGC levels WoW.
See PDF below for all charts and tables