Daily Chemical Reaction
With A Little Help From My Friends – A Case For US Propylene Support Near-Term; Other Items
- Several factors are emerging in favor of USGC propylene price support near-term and suggest margin pressure for non-integrated derivative producers, many of whom are seeing depressed demand.
- We add to our recent discussions of methanol and polyurethanes markets, and we highlight corporate updates from AkzoNobel and Johnson Matthey.
- Other items of note range from energy commentary, to packaging demand in Europe, to US chemical rail traffic reflecting an uptick in volume WoW.
See PDF below for all charts