Pump It – Commodity Profit Posts Continue To Beat; Specialties Move Their Feet; ESG Efforts Bring Heat

Daily Chemical Reaction

Pump It – Commodity Profit Posts Continue To Beat; Specialties Move Their Feet; ESG Efforts Bring Heat

Key Points:

• 1H21 raw material inflation remains a concern in some specialty chemical product chains, though many producers think end-product demand will allow price pass-throughs. We provide our views after multiple 1Q21 reports.
• We highlight DuPont, Westlake, Aramco, Enterprise Products, AdvanSix, Nippon Shokubai, Ube Ind., Huntsman, & Tata Chemicals business updates.  
• USGC spot ethylene falls, while US polymer-grade propylene rises WoW.
• EU CO2e prices hit a record. EV market framed from a global perspective.
• The Freightos China-to-US freight rate index remains at multi-year highs.
• We note numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams