Daily Chemical Reaction
Runaway – US Ethane Price Strength Reflects Strong Demand, Hurts Domestic Cracker Profits
- USGC natural gas spot values have decreased sharply relative to USGC ethane values near the end of 2Q22, a quarter that reflects lower QoQ profit for most commodity chemical producers ahead of a likely turbulent 2H22.
- We highlight pertinent energy, chemical, and other corporate updates (e.g., Kumho Petrochemical, Venture Global, H.B. Fuller, Huntsman, & others).
- We discuss ESG items that range from views on the ethanol market to a general comparison of the potential for solar and wind developments in a few major global regions. We also flag our ESG weekly research in LINK.
- We discuss numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams