Daily Chemical Reaction
Moneytalks – Surging Gasoline & Food Prices To Negatively Impact Other Spending Categories
- Surging gasoline and food prices will dent US consumer budgets in 2022, resulting in downward pressure on other product categories. Higher input costs and moderating durable-good demand are rising global sector risks.
- We highlight pertinent energy, chemical, and other corporate updates (e.g., Brenntag, ConocoPhillips, Siam Cement, Piedmont, Hexpol, Polynt & others).
- We discuss relevant ESG items, ranging from EU CO2 values rebounding from YTD lows to a green hydrogen hub announcement in the US. We also highlight our latest ESG weekly research in LINK.
- We discuss numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams