Daily Chemical Reaction
Enter Sandman – US PE Price Momentum Set To Go To Sleep, Supply Availability Should Rise From Here
Key Points:
- North American polyethylene markets face considerable export market headwinds as a result of higher relative domestic prices. We discuss several factors that suggest downward pressure ahead for domestic PE values.
- We highlight pertinent chemical sector corporate updates (e.g., Braskem, Axalta, Huntsman, Chandra Asri, WR Grace, CP Chemical & other items).
- We find varied ESG items worth considering, ranging from the Denbury agreement with Mitsubishi to several other global strategic announcements.
- We note numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams
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