The Weekly Catalyst
Global Chemical Update – Ocean Eyes
- US spot polymer values fell relative to global monomer values WoW, and we foresee a shrinking US polymer price premium relative to Asia as a major integrated profit risk for 1H22. We flag and discuss relevant regional trends.
- However, several factors favor upside surprises demand growth for US chemicals, polymers, and other materials covered in a mid-December Sunday thematic, Happier New Year: US 2022 Upside Demand Surprise Scenario.
- 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