The Weekly Catalyst
- C-MACC partner Graham Copley will present and discuss our global chemical market views at a Northeast Chemical Association event and meet with clients in New York City on December 8 and 9.
- Global petrochemical feedstock prices fell more WoW than end-product prices across all major markets, spurring margin support in most product chains – the improvement is unlikely sustainable.
- US natural gas and USGC ethane values decreased relative to Brent Crude and Ex-US naphtha values WoW – a positive for North American petrochemical producers compared to those in Europe and Asia.
- Macro indicators for farm-input sellers modestly fell WoW. We highlight domestic fertilizer prices broadly declined WoW, and our screens display a decline in US corn prices relative to US soybeans.