Daily Chemical Reaction
Dear August – 3Q Marked Near-Term Petrochemical Price Peak, Alternative & Carbon Values Still Strong
Key Points:
- Western petrochemical prices likely peaked in 3Q and are poised to trend lower amid rising global product availability near term. We highlight several relevant developments and note impacts on alternative and carbon markets.
- We discuss pertinent chemical sector updates (e.g., Arkema, Axens, KPIC, Lummus, Lithium Americas, Epsilyte, Phillips 66, ExxonMobil, & others).
- We note relevant ESG items worth notice, ranging from updates across several chemical sub-sectors to other developing global energy transition trends. We also highlight our weekly ESG thematic published in LINK.
- We discuss numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams