Daily Chemical Reaction
Riders In the Sky – Commodity Chemical Outlooks Optimistic, Despite Views Of Normalization Ahead
Key Points:
- Commodity chemical values remain broadly elevated YoY, but signs of supply upticks and related producer commentary is emerging in some chains.
- We flag pertinent chemical sector corporate items (e.g., Indorama, OCI NV, Koppers, Odfjell, & Trinseo business updates; Multiple Capex items)
- LyondellBasell launches waste-based polymer production, & we find several other notable ESG items worthy of mention to close the week.
- We highlight multiple macro-economic factors supporting the positive sector outlooks being provided by most producers with their 1Q21 updates.
See PDF below for all charts, tables and diagrams