Spin You Around – Production Issues Quickly Impact Chemical Markets, Global CO2 Emissions Reviewed

Daily Chemical Reaction

Spin You Around – Production Issues Quickly Impact Chemical Markets, Global CO2 Emissions Reviewed

Key Points:

• Global commodity chemical markets are historically tight, with Western world markets showing the most notable imbalances. This report discusses a few recent developments suggesting a prolonged return to normal.  
• We highlight pertinent chemical sector corporate items (e.g. PPG 1Q21 results; Formosa Plastics, Nova Chemicals, Shell, Ineos, & Pinnacle Polymers production updates; Multiple Capex initiative items & ESG action views)  
• This report’s other relevant items include drivers of the rebound in USGC spot ethylene prices, views on global carbon dioxide (CO2) emissions from a country-level perspective, and recent views of relative US Dollar movements.  

See PDF below for all charts, tables and diagrams