Elevated Demand Expectations Lessen Input Cost Concerns; ESG News Flow High

Daily Chemical Reaction

Elevated Demand Expectations Lessen Input Cost Concerns; ESG News Flow High

Key Points:

• Downstream/specialty producers push prices to offset 1H21 raw material cost strength in some product chains – inflationary for the consumer
• Axalta, BP, Ecolab, Kemira, Elkem, Honeywell, JSR, Posco Chemical, Stepan, Sekisui, Shikoku, & Sherwin-Williams business updates.  
• Plastic sourcing issues persist in the US, but availability is rising in China.
• EU CO2e prices hit a record this week. ESG news flow remains high.
• The Freightos China-to-US freight rate index remains at multi-year highs.
• Numerous other pertinent chemical sector items are discussed.

See PDF below for all charts, tables and diagrams