Daily Chemical Reactions

Gettin’ It – International Polymer Market Tightness Persists, US Polyethylene Price Hikes Under Review
March 10, 2021
Commodities Mentioned:
Ethylene, Propylene, Propylene Oxide, Plastics (PVC, PP, PE, PS, PET, etc.), Lithium, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Dow, LyondellBasell, CP Chemical, ExxonMobil, Formosa, Berry Global, Silgan Plastics, SABIC, Adnoc, AkzoNobel, BASF, Brenntag, Eastman, Hexion, IFS Coatings, Indian Oil, Milliken, Mitsui, SUEZ, Nouryon, S-Oil, PQ Group, Petrobras, Pemex, Braskem, Westlake Chemical, Bosch, Chevron, Adidas, Prada

Daily Chemical Reaction

Gettin’ It – International Polymer Market Tightness Persists, US Polyethylene Price Hikes Under Review

Key Points:

  • In many cases, US polymer markets are broadly tight and reflect premium prices relative to overseas markets. This report notes recent US polyethylene (PE) contract nominations and discusses relative spot price and profit trends.
  • We flag pertinent chemical sector corporate items (e.g., AkzoNobel, PQ Corp., & Brenntag business updates, multiple global production data points, price hike announcements, & chemical sector capital deployment efforts)  
  • This report’s other relevant items include flagging recent trends in USGC ethane values relative to propane and butane, comments on biodegradable plastics versus plastic recycling efforts in the context of the best eco-friendly solution, and notes positive momentum WoW in container shipping rates.

See PDF below for all charts, tables and diagrams

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