The Weekly Catalyst
Global Chemical Update – Boogie Wonderland
- US polymer price premiums reflect nearly a five-year high relative to avg. Asia levels. This report frames this US premium in a setting of recent declines in US monomer values, tight European markets, & elevated freight rates.
- 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 further loosen; Global polymer values hold up on average WoW relative to monomer values, suggesting rising polymer production ahead.
See PDF below for all charts and tables