The Weekly Catalyst
Global Chemical Update – Higher Costs Of Living
- Global polymer prices increased WoW but failed to keep pace with higher energy/feedstock costs. The US petrochemical market is cost-advantaged compared to Asia but has still faced margin pressure in most chains YTD.
- Global chemical market trends support the developments cited in our recent Sunday Thematic, Ending Globalization (& Its Unwinding) Will Be Costly. Also, see our recent research, Walk, Don’t Run – Low Visibility Keeps Sector Growth Capex Constrained, ESG Efforts Mount.
- 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