Daily Chemical Reaction
- Global polymer price strength YTD has been broad-based, with US supply issues leading the charge. This report discusses this development and focuses on PVC trends supporting US producer profit in 1Q likely to carry into 2Q.
- We flag pertinent chemical sector corporate items (e.g., Formosa, BASF, OQ Chemicals, & AOC price hikes; Multiple global production updates & capital deployment items; Numerous ESG geared updates).
- This report’s other relevant items include items discussing US plastic waste handling & the rising attention toward corporate’s “greenwashing” metrics, the significant input sourcing issues facing some global chemical end-product producers, and further evidence of broad-based product price inflation YTD.
See PDF below for all charts, tables and diagrams