Daily Chemical Reactions

Wuthering Heights – US Polymer Contract Prices Face Downward Pressure, Product Availability Rises
December 1, 2021
Commodities Mentioned:
Plastics (PVC, PP, PE, PU, PC, PET, etc.), Recycled Resin, Propylene, Ethylene, Polyols, Lithium, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Dow, CP Chemical, LyondellBasell, ExxonMobil, Nova Chemicals, Cabot, Equinor, Stepan, Trinseo, Air Liquide, Ecolab, Honeywell, Lonza, Mitsubishi Chemical, Nouryon, Songwon, Bayer, Eni, Amazon, Kemira, KKR, Linde, Stellantis, Sinopec, Toray Industries, REX American, Veolia, HP, Lanzatech, Petrobras, Shell

Daily Chemical Reaction

Wuthering Heights – US Polymer Contract Prices Face Downward Pressure, Product Availability Rises

Key Points:

  • US contract polymer prices face downward pressure in 4Q21, with many seeing the second consecutive MoM drop in November. We discuss the near-term headwinds and reiterate our positive long-term megacycle view.
  • We highlight pertinent chemical sector updates (e.g., ExxonMobil, Stepan, Trinseo, Mitsubishi Chemical, Nouryon, Air Liquide, Honeywell & others).
  • We note relevant ESG items worth notice, ranging from EU carbon values hitting a new record this week to renewable industry investment trends. We also highlight our weekly ESG thematic published later today in LINK.
  • We discuss numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams

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