Daily Chemical Reactions

Wild World – Commodity Market Volatility Persists Amid Supply Scramble, Sector ESG Efforts Progress
March 9, 2021
Commodities Mentioned:
Ethylene, Propylene, Propylene Oxide, Plastics (PVC, PP, PE, PS, PET, etc.), Lithium, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Advanced Petchem, BASF, Ganfeng Lithium, DuPont, Laird PM, Huber, IFF, McDermott, OCI, Petrobras, Posco, SK Innovation, Shell, Solvay, Symrise, Energy Transfer, Total, Dow, LyondellBasell, Indorama, Lanxess, CarbonLite, Plug Power, ExxonMobil, HyEnergy, Linde, Air Liquide, Liberty Speciality, Covestro, Huntsman

Daily Chemical Reaction

Wild World – Commodity Market Volatility Persists Amid Supply Scramble, Sector ESG Efforts Progress

Key Points:

  • Commodity chemical markets reflect an abnormal level of volatility YTD. This report comments on relevant chemical market trends and US wholesale inventory-to-sale ratios that provide proof of far-from-normal conditions.
  • We flag pertinent chemical sector corporate items (e.g., DuPont, Ganfeng Lithium & McDermott strategic moves, Multiple global production updates, price hike announcements, & chemical sector capital deployment items)  
  • This report’s other relevant items include a discussion of the development of a CO2-free hydrogen value chain, an increased focus on carbon capture & sequestration (CCS) opportunities, and the deployment of capital to increase the production capacity of several global base chemical products.

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