Daily Chemical Reaction
The Distance – Rubber Values Race Ahead, Inputs Values Lag; ESG & Production Indicators Advance
- Asia spot butadiene (BD) reflects notable price weakness despite derivative product values reflecting upward momentum. Today, we discuss the Asia spot BD market relative to peer monomers and trends worth considering in 2021.
- We flag relevant corporate items (e.g., Arakawa Chemical, Avantor, Lotte Chemical, NewMarket, & Nissan Chemical updates; Covestro, Air Liquide, PPG, E3 Metals, Henkel & Clariant strategy moves; several facility updates)
- Other relevant items in this global report include recent petrochemical cost curve indicators, comments on recent US propylene spot strength WoW, an estimation of Gray, Blue, and Green hydrogen production costs, and a few thoughts on record setting Long Beach, CA container traffic statistics.
See PDF below for all charts, tables and diagrams