Global energy markets favor producers and low-cost downstream manufacturers, such as US refiners and chemicals, creating significant strategic dilemmas for some in a setting of
The 2Q US GDP drop (the 2nd consecutive quarterly drop) may be spurring a debate over the definition of recession, but our 2H22 sector profit
Embracing nuclear power as a core pathway to decarbonization, where able, will free up other renewable resources and ease many energy transition challenges.
Wind
Agriculture market indicators remain favorable while the cost curve for ammonia has steepened in favor of US producers, such as CF Industries, Nutrien, and LSB.<br
Global commodity chemical supply will likely grow relative to demand in 2H22, lessening regional price differences. Cost curve developments will regain focus.
Global natural
Global commodity chemical producers faced headwinds WoW, as monomer and polymer prices on average fell relative to feedstock costs. Western markets saw the most pronounced
Global chemical feedstock values reflect a declining US cost advantage relative to Ex-US producers, suggesting downward pressure on US premium prices. Demand indicators support many
We argue ESG investing is doing very little to support environmental initiatives, penalizing energy companies with transition plans rather than helping them.
ESG and
The economic headwinds facing European chemical producers are considerable, and potential traffic curbs on the Rhine River add to concerns. We discuss the Yara and
Producer prices continue to outpace consumer prices, implying more end-product price hikes or margin contraction lie ahead of many chemical product chains in 3Q. We
Sign up below to get updates on our events, publications, and insights—straight to your inbox.
