Smoke On The Water – China Commodity Chemical Values Weaken, Add To US Market Export Pressure

Daily Chemical Reaction

Smoke On The Water – China Commodity Chemical Values Weaken, Add To US Market Export Pressure

Key Points:

• China commodity chemical spot prices weaken WoW following a recent surge, while US markets fight to support premiums. Rising global volatility may tweak sector management outlooks as 3Q reporting season ensues.   
• We flag pertinent Chemical sector corporate updates (e.g., Ecolab, Axalta, Sherwin-Williams, Reliance, Sekisui, Kemira, Shikoku, Pilbara & others).
• We find varied ESG items worth mentioning, ranging from ExxonMobil global CCS initiatives to the launch of several emission reduction endeavors.
• We note numerous other pertinent chemical sector items in this report.     

See PDF below for all charts, tables and diagrams