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

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