Global Chemical Update – Are You Gonna Go My Way

The Weekly Catalyst

Global Chemical Update – Are You Gonna Go My Way

Key Points:

• 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