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