General Thoughts: The restructuring of high-cost global chemical assets and low-cost integration to extend value chains are efforts unlikely to stall anytime soon, putting those
Since mid-year, the acetyl chain has experienced substantial volatility, with low-cost producers benefiting upstream and downstream benefits mixed contingent on pricing power and demand.
NW Europe ammonia prices increased this week but not at the pace of its production costs, a positive development for global ammonia price support and
While supply chain and cost pressure problems have eased, implying a production boost, the demand setting for most is not robust enough to support global
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