Daily Chemical Reactions

Rooms On Fire – Intermediate Price Inflation Rises In February, Puts Specialty Margins In Jeopardy
March 12, 2021
Commodities Mentioned:
Ethylene, Propylene, Silicone, Polysilicon, MEG, EO, Plastics (PVC, PP, PE, PS, PET, etc.), Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Braskem, LyondellBasell, BP, Inter-Pipeline, Xinte, Clariant, DSM, Loews Corp., Lonza, Novozymes, PPG, Pregis, SIIG, Chevron, Shell, Dow, CP Chemical, Westlake, Celanese, Ineos, MEGlobal, GM, Linder, AST Group, Gulf Coast Sequestration, LG Energy, BASF

Daily Chemical Reaction

Rooms On Fire – Intermediate Price Inflation Rises In February, Puts Specialty Margins In Jeopardy

Key Points:

  • This report flags the recent strength in the US producer price index (PPI) as similar in trend to many chemical price changes and supportive of the commodity vs. specialty market margins trends noted in our recent work.
  • We flag pertinent chemical sector corporate items (e.g., Braskem, Dow, & other global production updates; MEGlobal, Wacker, & other producer price hike announcements; Chemical sector growth & ESG targeted Capex views)  
  • This report’s other relevant items include USGC spot ethylene reaching a five-year high this week, a general but not the all-inclusive view of US carbon capture market developments, and a discussion of recent USD developments.

See PDF below for all charts, tables and diagrams

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