Daily Chemical Reaction
Asia Ethylene; Shock & Awe; USGC Propylene Contracts Discussed; Other Items
- Asia ethylene and propylene continue to find support and reflect strength on a relative basis to USGC markets – a near-term plus for US exporters but something to approach with caution ahead of a likely 2H20 supply response.
- We highlight takeaways from the latest Daicel financial results posting for acetate tow and from the latest Toray report for base chemicals & composites.
- Other items of note today range from oil-and-gas commentary, the support in US polyethylene order books, and highlight US chemical rail car loadings.
See PDF Below for all Charts Referenced