Daily Chemical Reactions

Push It – US Raw Material Inflation Spurs Prices; Demand Adds Pepper, Supply Surge To Add Salt
February 9, 2021
Commodities Mentioned:
MDI, Plastics (PVC, PP, PE, PS, PET, etc.), Carbon Black, Oxo-Intermediates, Ethylene, Propylene, Aromatics, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Avient, Dow, DuPont, Linde, Toray Industries, Celanese, Covestro, DSM, Galaxy Surfactants, Lanxess, Linde, Lotte Fine Chem., Lummus, Mitsui Chemicals, OQ Chemicals, Orion Eng. Carbons, Kansai Paint, Mitsui Chemicals, Osaka Soda, Sika, Sipchem, Sumitomo Bakelite, Tijin, Toray Industries, W.R. Grace, LyondellBasell, Leggett & Platt, Hyundai

Daily Chemical Reaction

Push It – US Raw Material Inflation Spurs Prices; Demand Adds Pepper, Supply Surge To Add Salt

Key Points:

  • Chemical sector management comments with 4Q20 results highlight raw material inflation as an area of concern for many downstream producers. This report discusses global demand indicators, relevant commodity trends, and strategic items worth considering globally in 2021.   
  • We flag pertinent chemical sector corporate items (e.g., Avient, DuPont, Linde, Toray Industries, Lotte Fine Chemical, Leggett & Platt, Sumitomo Bakelite, Mitsui Chemicals, & W.R. Grace profit news; Dow, LyondellBasell, OQ Chemicals, Orion Engineered Carbons, & Lanxess price hikes; Multiple international strategic & production facility updates)  
  • Other relevant items within this report include the recent decline in Asia spot ethylene, the Dow lifting of its MDI force majeure in North America, and a view of the notable decline in US plastic scrap exports since 2016.

See PDF below for all charts, tables and diagrams

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