The Weekly Catalyst
- On average, global polymer and monomer spot prices rose WoW, with Ex-US feedstock costs rising more than domestic levels, yielding a positive relative setting for North American chemical producers.
- European chemical markets were the worst hit WoW, as feedstock costs broadly increased relative to monomer and polymer prices. Asian producers also saw margin reductions in most product chains.
- The most significant outlier WoW was US propylene, whose value declined relative to Ex-US markets and domestic propane costs. US ammonia and methanol producers also reflect higher margins WoW.