Daily Chemical Reaction
- Methanex methanol contract postings for July combine to display a global price decline MoM though YTD regional price and feedstock trends vary. We find negative global demand indicators mounting in favor of our 2H concerns.
- We highlight pertinent energy, chemical, and other corporate updates (e.g., Methanex, Formosa Plastics, BASF, Repsol, Pilbara Minerals, & others).
- We discuss ESG items that range from general thoughts on food and clean-energy products competing for crops to US ethanol prices reflecting multi-year lows relative to RBOB gasoline. Also, see our ESG research in LINK.
- We discuss numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams