The Weekly Catalyst
Global Chemical Update – Smokestack Frightenin’
Key Points:
- Global commodity chemical price gains amid, in many cases, historically low availability will spur end-product price hikes in 1H21. This report frames the international supply setting, finding several pronounced issues in the US.
- Other items highlighted in this report: Ex-US naphtha values rise relative to USGC ethane WoW; USGC spot ethylene surges to multi-year highs, while polymer-grade propylene falls from elevated levels amid increased supply; Positive momentum in China polymer prices fails to outpace US strength.
See PDF below for all charts and tables
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