The Weekly Catalyst
Global Chemical Update – Are You Gonna Go My Way
- We discuss the increased rumblings of new North American commodity chemical capacity evaluations looking beyond recent sector profit headwinds and the high risk surrounding 2H22 expectations to value chain extensions.
- US chemical production costs fell relative to avg. Ex-US costs and avg. global polymer prices WoW. US chemical sector profit has still trended lower in 2Q22.
- 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