Sunday Thematic & Weekly Recap

You Got What I Need – US Trade Deficit Hits A Record In November, More Reshoring Needed
December 30, 2021
Commodities Mentioned:
Plastics (PVC, PP, PE, PU, PC, PET, etc.), Ethylene, Butadiene, Lithium, Carbon Dioxide, Ammonia, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Dow, LyondellBasell, CP Chemical, ExxonMobil, Ineos, Braskem, Nova Chemicals, Total, Paloma, Trinseo, Pemex, Trafigura, Vitol, Rosneft, Glencore, Aramco, Valero, Bizplen, Solvay, Odfjell, IMCD, Levima New Materials, Shurtan Gas Chemical, Merck KGaA, SHV Energy, UGI, Hugo Boss, Walmart, Cemex, TPC Group, Kraton, Invista

Daily Chemical Reaction

You Got What I Need – US Trade Deficit Hits A Record In November, More Reshoring Needed

Key Points:

  • The US trade deficit for goods hit a record level in November amid strong consumer demand. We find the case for reshoring US production compelling and discuss other research framing our macro views into 2022.
  • We flag pertinent energy, chemical, and broader industry updates (e.g., Solvay, Pemex, Trinseo, Valero, Odfjell, IMCD, Hugo Boss, & others).
  • We flag varied ESG items worth notice, ranging from estimated renewable US electricity capacity growth to clean-energy updates. We highlight our ESG weekly, 2022 – Policy Key, But Inflation Will Distract – Maybe Beneficially.
  • We note numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams

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