The Weekly Catalyst
Global Chemical Update – US PE Premiums Expand Further
Key Points:
- US polyethylene value up again relative to Asia WoW. Is this the top?
- Asia polymer values reflect a broad-based decline WoW, with PVC being the strongest, & LDPE and PP being the weakest.
- Ex-US naphtha values fall modestly relative to USGC ethane WoW.
- Other global commodity shifts flagged WoW include global Butadiene, Benzene, Ethylene, & Propylene. Supply chains remain broadly out-of-whack.
See PDF below for all charts and tables