Daily Chemical Reaction
I Need A Dollar – US Chemical Product Export Headwinds Rise, Sector Challenges Mount In 2Q
Key Points:
- The US Dollar has strengthened relative to major foreign currencies YTD, creating headwinds for US chemical product exporters. Rising feedstock costs and falling consumer product affordability are also sector challenges in 2Q22.
- We highlight pertinent energy, chemical, and other corporate updates (e.g., Mitsui, BASF, Kuraray, Toray, Asahi Kasei, Mitsubishi, Cabot, & others).
- We discuss relevant ESG items ranging from Berry Global lifting emission reduction targets to tight battery material supplies challenging EV growth. 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