Sunday Executive Summary
Several years ago, we wrote an early-year piece suggesting that another quite severe chemical downcycle was imminent. COVID then turned the world on its head,
December 8, 2024
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Several years ago, we wrote an early-year piece suggesting that another quite severe chemical downcycle was imminent. COVID then turned the world on its head,
General Thoughts: Global polyolefin margins have fallen into October, as polyolefin spot prices have moderated while global feedstock costs, most notably in the US, increased
The projection at the WPC this week that polyethylene capacity will only operate at 80% rates in 2023 needs the context that this has not
US petrochemical markets have lost much of the positive momentum seen in early 2023, and it could reverse abruptly in 2Q23 as domestic production rebounds
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