Daily Chemical Reactions

Smoke On The Water – China Commodity Chemical Values Weaken, Add To US Market Export Pressure
October 26, 2021
Commodities Mentioned:
Plastics (PVC, PP, PE, PS, PET, etc.), Chlor-Alkali, Ethylene, Propylene, Benzene, Methanol, Lithium, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Celanese, LyondellBasell, Westlake, OxyChem, Olin, Shintech, Formosa, Axalta, Clariant, Ecolab, Idemitsu Kosan, SRF, Kemira, LG Chem, Reliance, Sekisui Chemical, Shikoku Chemicals, Synalloy, Sherwin-Williams, ExxonMobil, Pilbara Minerals, Solvay, Shell, ENI, Valero, Tesla, Aramco, Huntsman, Gevo, ADM, Aemetis, Origin Materials, Coca-Cola, Chevron

Daily Chemical Reaction

Smoke On The Water – China Commodity Chemical Values Weaken, Add To US Market Export Pressure

Key Points:

  • China commodity chemical spot prices weaken WoW following a recent surge, while US markets fight to support premiums. Rising global volatility may tweak sector management outlooks as 3Q reporting season ensues.   
  • We flag pertinent Chemical sector corporate updates (e.g., Ecolab, Axalta, Sherwin-Williams, Reliance, Sekisui, Kemira, Shikoku, Pilbara & others).
  • We find varied ESG items worth mentioning, ranging from ExxonMobil global CCS initiatives to the launch of several emission reduction endeavors.
  • We note numerous other pertinent chemical sector items in this report.     

See PDF below for all charts, tables and diagrams

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