The Weekly Catalyst
Global Chemical Update – Feels Like We Only Go Backwards
- US commodity chemical production costs further increased relative to avg. Asia levels and global spot polymer prices broadly fell last week. US chemical sector profits are under attack, and a rebound in 2H22 appears unlikely to us.
- We highlight our latest Chemical market thematic research, Enemy Of The State – Inflation Broadly Cuts Profits, Blasts Budgets. Also, see our ESG weekly, Does DC Understand Economics – Energy Proposals Suggest No.
- Global commodity trends on display in this report comprise monomer, polymer, and feedstock indicators relevant to gauging sector profitability.
See PDF below for all charts, tables, and diagrams