The Weekly Catalyst
Global Chemical Update – Time to Chill
- Global commodity chemical prices reflect downward pressure WoW, while global input costs reflected more support absent US natural gas. We foresee lower Western chemical prices relative to feedstock costs in 2H22 keeping producer profit in check.
- We highlight our latest Sunday Thematic, Could Our Ethylene Megacycle Thesis Fail Due To ESG Pressure?. We also flag our research from Friday, Runaway – US Ethane Price Strength Reflects Strong Demand, Hurts Domestic Cracker Profits.
- Global commodity trends on display in this report comprise monomer, polymer, and feedstock indicators relevant to gauging sector profitability.