The Weekly Catalyst
Global Chemical Update – Whole Lotta Love
- Global chemical supply chains continue to face significant obstacles, which favor commodity price support WoW. Though we expect a supply response in 2Q/3Q21, we do not expect a quick fix of this global issue.
- Other items highlighted in this report: Ex-US naphtha values fall relative to US ethane WoW; US Butadiene rises WoW, while ethylene and propylene markets loosen WoW; Global polymer values remain elevated, with US values rising, NW Europe values holding, and Asia values modestly down WoW.
See PDF below for all charts and tables