The Weekly Catalyst
Global Chemical Update – Meet in The Middle
- US commodity chemical values broadly reflect price premiums to avg. Asia values. We foresee polymer values meeting in the middle of the current range between these regions into late 1H21 before seeing weakness on avg. in 2H21.
- Other items highlighted in this report: Ex-US naphtha values rise relative to USGC ethane WoW; USGC spot ethylene and PGP values relative to Asia; China spot polymer prices rise as US production issues jolt global markets.
See PDF below for all charts and tables