Sustainability & Energy Transition
1st Topic of the Week: Aluminum is earning a deliverability premium as power costs rise and buyers pre-cover supply, which we expect to widen dispersion
April 10, 2026
No Comments
1st Topic of the Week: Aluminum is earning a deliverability premium as power costs rise and buyers pre-cover supply, which we expect to widen dispersion
1st Topic of the Week: Record power equipment backlogs embed pricing power as grid bottlenecks govern capital allocation cycles, but is transmission-driven deferral of large-load
Volatility has transcended cycle theory to become global industrial gravity, where policy cadence, not demand elasticity, dictates profitability, capital sequencing, and the new tempo of
1st Topic of the Week: Carbon should be considered a strategy instead of waste. Can industries mastering capture, re-use, and integration turn decarbonization from a
US policy shifts at the close of last week reanchor natural gas, hydropower, geothermal, and nuclear as baseload winners, while dismantling support for wind, solar,
General Thoughts: Chemical feedstock and intermediate costs are mixed YTD, with some chains seeing near-term margin benefits relative to weakness in others, but price support
We discuss the China polypropylene price decline MTD, highlighting more production, demand concerns, and its ability to source discounted Russian crude/feedstocks – a problem for
Sign up below to get updates on our events, publications, and insights—straight to your inbox.
