Daily Chemical Reactions

The Rising – Asia Spot Prices Respond To USGC Production Woes, Global Supply Response In Motion
February 25, 2021
Commodities Mentioned:
Methanol, MEG, Ethylene, Propylene, Plastics (PVC, PP, PE, PS, PET, etc.), Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Arkema, Inter Pipeline, Element Solutions, Kraton, MOL, Raynoier Advanced Materials, Reliance, OQ Chemicals, Shell, Solvay, Univar, Indorama Ventures, Methanex, Celanese, Southern Chemical, Mitsui, LyondellBasell, Natgasoline, Dow, Enterprise Products, AmSty, Lion Elastomers, Denbury, Plug Power, Cheniere, SABIC, Summit Carbon Solutions, Casper

Daily Chemical Reaction

The Rising – Asia Spot Prices Respond To USGC Production Woes, Global Supply Response In Motion

Key Points:

  • 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

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