Daily Chemical Reactions

Elevated Demand Expectations Lessen Input Cost Concerns; ESG News Flow High
April 27, 2021
Commodities Mentioned:
Plastics (PVC, PP, PE, PS, PET, etc.), Ethylene, Propylene, Benzene, Isocyanates, Lithium, Carbon Dioxide, Hydrogen, Methanol, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Axalta, BASF, BP, DIC, Ecolab, Elkem, Honeywell, Chandra Asri, SK Innovation, JSR, Kemira, Lummus, Novozymes, Polykemi, Posco Chemical, Saudi Kayan, Sekisui Chemical, Shikoku Chemicals, SIBUR, Stepan, Sumitomo Chemical, Thyssenkrupp, Umicore, Sherwin-Williams, PPG, Akzo-Nobel, Huntsman

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

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