Daily Chemical Reaction
- This report comments on continued strength in global commodity chemical markets amid healthy global demand and lingering pockets of supply chain issues across numerous product chains. A quick return to normal is unlikely.
- We highlight pertinent chemical sector corporate items (e.g., CP Chemical, LyondellBasell, Nova Chemicals, Formosa Plastics, & OMV business updates; Multiple supply items, Capex targets, & notable sector ESG announcements).
- This report’s other relevant items include MDI prices keeping pace with raw material increases amid healthy demand and broad-based supply chain issues, thoughts on recent advanced recycling initiatives, and highlights a few key indicators pointing to continued strength in freight rates in 2Q21.
See PDF below for all charts, tables and diagrams