The Weekly Catalyst
Global Chemical Update – Chillin’ It
- Western commodity chemical prices continue to reflect premiums relative to Asia, but we find premiums shrinking modestly on average.
- Asia polymer values reflect a broad-based decline since mid-April, with PVC being the strongest & LDPE & PP being the weakest per our estimates.
- Ex-US naphtha values rise modestly relative to USGC ethane WoW.
- Other global commodity market shifts noted include Butadiene, Benzene, Ethylene, & Propylene. Supply chains remain far from normal near-term.
See PDF below for all charts and tables