Daily Chemical Reaction
Wonderwall – Tight Supply Chains Offer Support For Near-Term Price Hikes, Duration In Question
Key Points:
- Sector updates reflect demand strength and the pass-through of elevated raw material costs. This report discusses relevant chemical sector trends that range from production growth to plastic waste issues worth notice for 2Q21.
- We flag pertinent chemical sector corporate items (e.g., DuPont, Elkem, Flotek, Olin & Wacker updates; LyondellBasell, Hexion, & OQ Chemicals price hikes; Multiple global production updates & capital deployment items)
- This report’s other relevant items include items discussing US plastic waste handling, the upward shipper rate momentum shown in the Baltic Dry Index, and many optimistic views coming forth on avg. from chemical end-markets.
See PDF below for all charts, tables and diagrams