Daily Chemical Reactions

Uptown Funk – USGC Propane Strength Continues, Global Chemical Market Impacts Under Review
August 18, 2021
Commodities Mentioned:
Propylene, Ethylene, Benzene, Plastics (PVC, PP, PE, PS, PET, etc.), Lithium, EVA, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Dow, LyondellBasell, Enterprise Products, PPG, Braskem, Nexeo Plastics, Precision ADM, Gurit, Indorama, JinkoSolar, Wacker Chemie, Tellurian, Linde, Formosa Plastics, ExxonMobil, Hyosung, SIBUR, KraussMaffei, Huhtamaki, BASF, BMW, Everfuel, Lowe’s, Target, Walmart, Petronas, Octopus Energy, Toshiba, Saudi Arabia Petrochemical, PetroChina

Daily Chemical Reaction

Uptown Funk – USGC Propane Strength Continues, Global Chemical Market Impacts Under Review

Key Points:

  • USGC propane values have surged higher relative to USGC ethane during the past nine months. This report discusses the market setting and its impact on derivative product markets in 2H21 that will reflect mixed sector benefits.     
  • We discuss takeaways from retailer updates from Lowe’s and Target.
  • We flag pertinent chemical sector corporate updates (e.g., Braskem, Nexeo Plastics, Dow, Indorama, Linde, Yokohama Rubber, Sabic & other items).
  • We find varied ESG items worth consideration, ranging from several corporate ESG initiative updates to recent movements in EU carbon values.
  • We note numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams

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