Daily Chemical Reaction
Wishful Drinking – US Chemical Producers Fight For Price Support Amid Rising Supply & Cost Headwinds
- USGC ethylene values fell to a 2021 low relative to USGC ethane this week. We discuss multiple findings of depreciating Western commodity chemical values, despite rising production costs, that point to margin declines in 4Q21.
- We highlight pertinent chemical sector corporate updates (e.g., Nouryon, Air Products, OMV, Formosa, Dow, BASF, Sibur, Sabic & other items).
- We flag our latest ESG weekly research and numerous other ESG items worth note, ranging from hydrogen developments to new tech updates.
- We note numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams