Quicksand – Western Commodity Chemical Profit Trends Lower, More Indications Of Pressure Arise

Daily Chemical Reaction

Quicksand – Western Commodity Chemical Profit Trends Lower, More Indications Of Pressure Arise

Key Points:

• We find Western petrochemical market production indicators providing evidence of increased production in this region. We discuss why commodity chemical profits are declining in this market despite Asia production cuts.     
• We highlight pertinent chemical sector corporate updates (e.g., Shell, Sika, Linde, BASF, BP, Clariant, Dow, ExxonMobil, Purecycle & other news).  
• We compare US total rail traffic to US chemical rail traffic, flag several relevant consumer demand statistics, and discuss commodity chemical trends.
• We flag several ESG items worth mention, ranging from multiple sector initiative updates to our ESG research discussing China emission targets.
• We note numerous other relevant chemical sector items in this report.

See PDF below for all charts, tables and diagrams