Do That To Me One More Time – China PVC Spot Prices Hit Another High; UK Carbon Trade To Start

Daily Chemical Reaction

Do That To Me One More Time – China PVC Spot Prices Hit Another High; UK Carbon Trade To Start

Key Points:

• Building material values have gained strength during the past few weeks. We discuss another multi-year high price reached in China spot PVC and offer thoughts on trends, including from India, before our Sunday thematic.
• We flag pertinent chemical sector corporate items (e.g., BASF, PPG, Orica, & Clariant business news; several Capex items & price hike announcements)  
• UK to begin carbon trading next week., and more ESG sector news flow.
• We flag multiple macro-economic factors worthy of note, ranging from indications of upticks in travel demand and slowing at-home consumption.   

See PDF below for all charts, tables and diagrams