Direction Of The Wind – High Domestic Prices Favor Imports, Product Availability Indicators Improve

Daily Chemical Reaction

Direction Of The Wind – High Domestic Prices Favor Imports, Product Availability Indicators Improve

Key Points:

• The US trade deficit for goods reached a record level in March, as high prices lured products from abroad. We discuss a few factors working against higher US prices near term, though our long-term view is constructive.
• We highlight pertinent energy, chemical, and other corporate updates (e.g., Alpek, Ashland, Shin-Etsu, Braskem, BASF, Pilbara Minerals & others).
• We discuss relevant ESG items, ranging from Enterprise and Occidental considering a USGC carbon capture project to EU carbon value movements. We also highlight our latest ESG sector dedicated weekly research in LINK.
• We discuss numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams