Wuthering Heights – US Polymer Contract Prices Face Downward Pressure, Product Availability Rises

Daily Chemical Reaction

Wuthering Heights – US Polymer Contract Prices Face Downward Pressure, Product Availability Rises

Key Points:

• US contract polymer prices face downward pressure in 4Q21, with many seeing the second consecutive MoM drop in November. We discuss the near-term headwinds and reiterate our positive long-term megacycle view.
• We highlight pertinent chemical sector updates (e.g., ExxonMobil, Stepan, Trinseo, Mitsubishi Chemical, Nouryon, Air Liquide, Honeywell & others).
• We note relevant ESG items worth notice, ranging from EU carbon values hitting a new record this week to renewable industry investment trends. We also highlight our weekly ESG thematic published later today in LINK.
• We discuss numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams