Daily Chemical Reaction
She’s A Brick House – Building & Construction Input Costs Further Inflate, Demand Stays Mighty Mighty
- Building & Construction raw material costs have inflated notably since the start of 2021. This report discusses price trends in lumber, coatings, and PVC that target this market, where demand is currently outpacing the cost issues.
- We highlight pertinent chemical sector corporate items (e.g., AkzoNobel & Alpek business updates; LyondellBasell, Saudi Kayan, & BASF production news; Multiple price notices, Capex initiative items, & ESG action views)
- This report’s other relevant items include the Kumho Mitsui news to add MDI capacity in Korea, a display of ESG fund flows by type, and the Baltic Index nearing a five-year high last week amid continued freight rate strength.
See PDF below for all charts, tables and diagrams