Daily Chemical Reactions

Enter Sandman – US PE Price Momentum Set To Go To Sleep, Supply Availability Should Rise From Here
September 21, 2021
Commodities Mentioned:
Plastics (PVC, PP, PE, PS, PET, etc.), Ethylene, Propylene, Butadiene, Styrene, Silicon, Lithium, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
CP Chemical, ExxonMobil, SABIC, Dow, LyondellBasell, Axalta, PPG, Sherwin-Williams, Braskem, Chandra Asri, W.R. Grace, Eni, Huntsman, LG Energy, Merck KGaA, OCI, SCG Chemicals, SK Innovation, Solvay, Baker Hughes, Shell, Reliance, Sinopec, INEOS, Petrobras, Denbury, Mitsubishi, OxyChem, Formosa Plastics

Daily Chemical Reaction

Enter Sandman – US PE Price Momentum Set To Go To Sleep, Supply Availability Should Rise From Here

Key Points:

  • North American polyethylene markets face considerable export market headwinds as a result of higher relative domestic prices. We discuss several factors that suggest downward pressure ahead for domestic PE values.
  • We highlight pertinent chemical sector corporate updates (e.g., Braskem, Axalta, Huntsman, Chandra Asri, WR Grace, CP Chemical & other items).
  • We find varied ESG items worth considering, ranging from the Denbury agreement with Mitsubishi to several other global strategic announcements.
  • We note numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams

Contact us to subscribe to our services and gain access to full content.