What A Diff’rence A Day Made – Hurricane Ida Adds To Items Supporting US Premiums, 4Q Risks Remain

Daily Chemical Reaction

What A Diff’rence A Day Made – Hurricane Ida Adds To Items Supporting US Premiums, 4Q Risks Remain

Key Points:

• This report highlights the US polyethylene (PE) market as one that could tighten after Hurricane Ida, though the strength may prove short-lived.  We discuss freight rates, contract premiums, and other items framing our view.   
• We feature several downstream findings, ranging from cost inflation to a lingering inability to source inputs constraining some end product supplies.
• We flag pertinent chemical sector corporate updates (e.g., Arkema, Orion Engineered Carbons, Ashland, Avantor, Sinopec, H.B. Fuller, & other items).
• We find varied ESG items worth considering, ranging from numerous chemical industry ESG initiative updates to general climate trend discussions.
• We note numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams