The Weekly Catalyst

Global Chemical Update – Levitating
February 27, 2023
Report Sections:
Feedstocks & Energy, Global Ethylene Cracker, Spot Profit Analysis, Ethylene & Propylene, Price Trends, Polyethylene Review, Other Relevant Global Polymer Trends, Other Relevant Global Chemical Trends, Global Chemical Data Sheets, Flow Charts & Other Ancillary Data
Companies Mentioned:
Dow, LyondellBasell, ExxonMobil, Chevron Phillips Chemical, Westlake, Oxy, Nova Chemicals

The Weekly Catalyst

Global Chemical Update – Levitating

Key Points:

  • North American integrated polymer margins have broadly increased relative to 1Q23 lows – we flag US polyethylene (PE) and polyvinyl chloride (PVC) margins are higher than their 3Q22 average levels.
  • USGC ethane values declined WoW relative to Ex-US naphtha. The oil-to-gas ratio also remains near a multi-year high, and most petrochemical indicators favor a revival in North American production.
  • Global spot polymer prices, on average, WoW were unchanged. However, we find strength in Asia relative to European declines. North American prices were broadly unchanged WoW.

Contact us to subscribe to our services and gain access to full content.

Request A Free Trial