Daily Chemical Reaction
The Blues Man – Chemical Sector Profit Risks Mount, Demand Concerns Outweigh Supply Issues In 2H22
Key Points:
- 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 more market concerns than supply indicators in 2H22.
- We highlight pertinent energy, chemical, and other corporate updates (e.g., Dow, Alpek, Braskem, Baystar Polymers, Shell, Baker Hughes, Eastman, BASF, & others).
- We highlight ESG items that range from Dow’s efforts to grow while curbing CO2 emissions to the IEA July 2022 global electricity market update discussing the push toward renewables in 2023. See our latest 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