Daily Chemical Reaction
- US commodity tightness is impacting global markets and resulting in a rebalancing of leaner global supply chains. This report discusses the supply response and product targeting US shores despite elevated freight rates.
- We flag pertinent chemical sector corporate items (e.g., Arkema, Element Solutions, Kraton, Rayonier Advanced Materials, Indorama Ventures & Univar profit postings; Multiple facility update & price hike updates)
- This report’s other relevant items include evaluating the recent collapse in US refinery rates and chemical rail traffic, a general global view of methanol markets and contract nominations, and comments on capital investment in US recycling initiatives increasing amid limitations on exported plastic waste.
See PDF below for all charts, tables and diagrams