Grindin’ – Asia Commodities Rise In Support Of Global Markets, Sector Health Indicators Advance

Daily Chemical Reaction

Grindin’ – Asia Commodities Rise In Support Of Global Markets, Sector Health Indicators Advance

Key Points:

• We follow our comments yesterday on Western World commodity markets reflecting considerable disruption with commentary on Asia chemical market support. We highlight global propylene market indicators to display our case.
• We highlight pertinent chemical sector corporate items (e.g., Borealis, Hexion, & ExxonMobil updates; LyondellBasell, LG Chem, & Pertamina production updates; Multiple global sector Capex items worth note).  
• This report’s other relevant items include Northeast US carbon dioxide (CO2) emissions prices recently reaching record highs, the upward trend in the ACC CAB Index that foretells an increase in chemical production, and market commentary on recent global ethylene spot price movements.

See PDF below for all charts, tables and diagrams