Daily Chemical Reaction
After The Fire Is Gone – Commodity Chemical & Agricultural Chemical Equities Take A Breather, Expectations Reset Lower
Key Points:
- U.S. commodity, fertilizer & agricultural chemical equities have underperformed other chemical sub-sectors since March, after considerable outperformance in 1Q22. We discuss our 2H22 concerns and also why we maintain a positive long-term outlook.
- We highlight pertinent energy, chemical, and other corporate updates (e.g., Shell, TotalEnergies, EMS Group, Hexpol, Worley, Repsol, BP, Kemira, Braskem, & others).
- We discuss ESG items ranging from a view of energy sector equity performance with low-carbon initiatives considered to the EV battery recycling chain. We also flag our latest ESG weekly, The Fuel Ethanol Market Could Self Destruct – Good For SAF/Gevo.
- We discuss numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams