Daily Chemical Reactions

Country State Of Mind – Chemical Product Flows Under Review, Western Price Premiums Targeted
July 15, 2021
Commodities Mentioned:
Plastics (PVC, PP, PE, PS, PET, etc.), Ethylene, Ethylene DiChloride, Benzene, Styrene, SBR, Propylene, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Westlake, Formosa Plastics, Shintech, OxyChem, Olin, Inter Pipeline, Celanese, Halliburton, Ineos Styrolution, CeramTec, Shell, Sk Siltron, Solvay, Chesapeake, Pemex, Nova Chemicals, Delta Air Lines, Daimler, Chevron, Lyft, GM, Gazprom, Sinopec, TotalEnergies, TSMC, Jeep

Daily Chemical Reaction

Country State Of Mind – Chemical Product Flows Under Review, Western Price Premiums Targeted

Key Points:

  • Basic chemicals show increased movement toward their most profitable end-use products or storage with this in mind. While a logical development, we flag Chlor-vinyl trends to show the targeting of Western premium prices.   
  • We highlight pertinent chemical sector corporate updates (e.g., Celanese, Shell, Inter Pipeline, Ineos Styrolution, & other price & business news).  
  • Sector demand indicators remain generally strong, but we flag several logistical items and other indicators questioning the pace of momentum.
  • We flag several ESG items worth mention, ranging from IEA estimates on renewable energy for electricity to the China ETS launch tomorrow.  
  • Along with publishing our latest ESG weekly, we highlight our multi-client initiative on carbon abatement in conjunction with the Power Research Group.
  • We note numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams

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