Walking On Sunshine – 1Q21 Chemical Sector Profit Updates Glow, Demand Expectations Remain Bright

Daily Chemical Reaction

Walking On Sunshine – 1Q21 Chemical Sector Profit Updates Glow, Demand Expectations Remain Bright

Key Points:

• 1Q21 commodity chemical sector reports display significant price/margin strength. This report discusses producer views for tight conditions to persist and several global supply chain and end-market items supporting their case.  
• We highlight pertinent chemical sector corporate items (e.g., Dow, Saudi Kayan, Lenzing, Umicore, & Vopak updates; Sabic, Polynt, & several other price hike notices; Multiple Capex initiative items; & ESG action views)  
• This report’s other relevant items include Europe carbon prices reaching a record high, upticks in Whirlpool product demand & input cost expectations, and updates on US refinery operating rates & US chemical rail traffic.  

See PDF below for all charts, tables and diagrams