Daily Chemical Reaction
- US polymer-grade propylene values have fallen from 3Q21 highs to reach their lowest level since May 2021. We expected US spot PGP values to decline into 4Q but now flag a few emerging support items curbing downside risk.
- We flag pertinent chemical sector corporate updates (e.g., Avantor, BASF, Petronas Chemicals, Reliance, Lanxess, BP, OCI, Sharq & others).
- We find relevant ESG items worth mentioning, ranging from EU carbon value movements to IEA energy targets discussed in our ESG report in LINK.
- We note numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams