The Weekly Catalyst

Global Chemical Update – Ahead Of The Mega-Cycle
November 8, 2021
Report Sections:
Feedstocks & Energy, Global Ethylene Cracker, Spot Profit Analysis, Ethylene & Propylene, Price Trends, Polyethylene Review, Other Relevant Global Polymer Trends, Other Relevant Global Chemical Trends, Global Chemical Data Sheets, Flow Charts & Other Ancillary Data
Companies Mentioned:
LyondellBasell, Braskem, CP Chemical, Dow, ExxonMobil, Enterprise Products, Flint Hills, Nova Chemicals, Shell, TPC Group

The Weekly Catalyst

Global Chemical Update – Ahead Of The Mega-Cycle

Key Points:

  • Western commodity price premiums shrinking as supply chains normalize will be a major theme for 2022/23. Rising notice of inadequate global growth Capex in some chains will be another, setting the stage for a profit mega-cycle. 
  • Global commodity chemical margins decreased WoW, adding further support to the case of a profit decline QoQ in 4Q across most product chains.
  • Avg. Western polymer and monomer values were mixed relative to most declining on average Asia WoW. Falling US polymer prices are worth notice.
  • Other global commodity trends flagged in this report comprise monomer, polymer, and feedstock indicators relevant to gauging sector profitability.

See PDF below for all charts, tables, and diagrams

Contact us to subscribe to our services and gain access to full content.