Daily Chemical Reactions

Body Movin’ – NW. Europe Commodity Chemical Prices Reflect Strength, Supply Chains Yet To Flex
March 30, 2021
Commodities Mentioned:
Benzene, Plastics (PVC, PP, PE, PS, PET, etc.), Ethylene, Propylene, Paraxylene, Base Oil, Hydrogen, Methanol, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Aramco, Bamberger Polymers, Dow, ExxonMobil, Sadara, Gazprom, Linde, Lanxess, PetroChina, Petronas, LG Chemical, SABIC, Sinopec, Sika, SK Innovation, Sumitomo Chemical, Eneos, Maersk, BASF, Huntsman, Covestro, Trinseo, OQ Chemicals, Kinder Morgan, Occidental, Alpek, Baker Hughes

Daily Chemical Reaction

Body Movin’ – NW. Europe Commodity Chemical Prices Reflect Strength, Supply Chains Yet To Flex

Key Points:

  • European commodity chemical markets reflect significant disruption. This report adds to several regional price trends discussed last week and further frames Western World commodity supply chain issues globally.
  • We highlight pertinent chemical sector corporate items (e.g., Sinopec, PetroChina & Sadara updates; BASF & OQ Chemicals price hikes; LG Chem, Eneos & ExxonMobil facility news; Multiple Capex items worth note).  
  • This report’s other relevant items include an array of ESG focused sector headlines worth notice, the recent relative strengthening to the US Dollar, and our general comments on global petrochemical production cost curve trends.

See PDF below for all charts, tables and diagrams

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