General Thoughts: Western spot methanol prices have increased in 2024 in absolute terms and relative to Asia, benefiting cost-advantaged producers but hurting non-integrated derivative product
General Thoughts: Market developments suggest that in the medium- to long-term, US merchant ethylene buyers will see their advantage shrink relative to buyers abroad as
General Thoughts: Our second global agriculture monthly report targets crop market and input trends in early 2024, with a notable focus on fertilizer and downstream
General Thoughts: Western polyolefin margins strengthened in early 2024 relative to Asia, helped by Middle East logistical, lower natural gas/NGL feedstock prices, and crude oil
Low prices and high financing costs are stalling energy transition and chemical sector growth investments in a weak macroeconomic setting, increasingly relying on consumers for
Financing costs and the needed return rates to advance projects have risen with interest rates – a headwind for the energy transition but a plus
North American commodity chemical profits have risen relative to the start of 2023, exceeding low mid-year expectations in 3Q23, as the global production cost curve
Methanol, similar to ammonia, appears set to benefit from rising demand beyond traditional channels, but low prices are limiting its supply growth prospects in a
Consumer price expectations for Asia in 2023 have fallen from mid-2023 levels on an absolute basis and relative to the West – a plus for
Global chemical market business conditions have worsened since 2021. We discuss slides from Shell’s 2021 and 2023 strategic updates to show how its view of
Sign up below to get updates on our events, publications, and insights—straight to your inbox.
