The Weekly Catalyst
Global Chemical Update – Across The Universe
Key Points:
- Avg. Asia integrated naphtha-based spot ethylene crackers are losing money, while US integrated ethane-based margins are notably higher. We flag near-term trends before a mega-cycle likely develops.
- We discussed investment trends in China in our recent Sunday Thematic. Though we find investment chasing local growth, we believe that inadequate global chemical growth Capex is positioning the industry for a mega-cycle.
- 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
Client Login
Learn About Our Subscriptions and Request a Trial
to gain full access and experience our services!