Daily Chemical Reaction
The Waiting Game – Regional Supply Swings Tilt Markets, Global Conditions Far From Normal
- Recent global production issues and inventory movements showcase the length and complexity of many chemical sector product chains. This report comments on price volatility remaining high in multiple chains near-term.
- We highlight pertinent chemical sector corporate updates (e.g., Asahi Kasei, Asian Paints, Mitsui Chemicals, PTTGC, Sumitomo, & Toray updates)
- US refinery operating rates fall, but US chemical rail traffic rises WoW.
- This report discusses plastic recycling & other ESG industry trends, and we comment to the link between virgin and recycled polymer prices.
See PDF below for all charts, tables and diagrams