Chemicals and Market Impact

Benzene: Tightness Persists, Derivatives Mixed

Food Price Inflation Is Eating Into Consumer Budgets, Limiting Other Spending

Runaway Trains Into Weaker Demand?

Is Methanol An Energy Carrier?

The Vinyls Chain Shines, Elsewhere We See Warning Signs

In The Race Against Inflation Some Are Winning And Some Are Losing Badly

Ag Related Chemicals Look Robust, Everything Else Looks More Risky Today

Lithium Price Strength Persists, Spurs Investment

DuPont: Too Optimistic But Hard To See An Alternative

Good Results But Too Much Optimism In Europe

Is BASF Too Bullish? Auto Delays Add To Other Macro Headwinds

Overall Inventory Worries Hide Some Interesting Focused Upside

US Polypropylene & PVC: Both Benefiting From Logistic Challenges

Some Prices Are Keeping Up With Costs But Shipping Remains Challenging

Logistic Problems Are Far From Over: 2Q May Still Throw Some Curveballs

Chasing Costs With Prices And Watching Your Peers

US Chemicals: Some Signs Of Continued Strength, But Mostly Lagging Indicators

If We Make Chemicals Out Of Crops, What Happens To The Prices Below?

Industrial Products: Plastic Prices Reflect Support, Recycled Resin Prices Advance

Lithium Supply Fails To Keep Pace With Demand - A Familiar Commodity Story

US Propylene Is A Very Different Market Than Ethylene

The PVC Market Is Compelling - One Of The Most Attractive Global Polymer Stories

Is Current Enthusiasm Justified Or Preceding A Collapse?

Polyethylene Back To The Future

Europe: Short Of Chemicals But Logistics Limit Help

Evidence Of Oversupply For Ethylene. Not The Case For Propylene

Building Products Mostly Strong Despite Rising Rates

Some Chemical Plants May Not Survive This Feedstock Squeeze

Higher Costs And Inventory Increases Will Drive High Prices

US Refiners Profits Rise On Margin And Roubles

Commodity Shortage - It's Not Just Oil

A Chemical Mega-Cycle Is Coming

If You Are In The Right Place With The Right Products, Times Are Good

March And April Are Likely All About Price Increases

Runaway Prices Unlikely in Plastics, Like in Metals, Without Energy Related Plant Closures

Wacker - Well Placed With Polysilicon Business

Guidance Is Tough For Corporates To Provide; US Competitive Advantage Still Rising

US Competitive Advantage To Offset Some Ex-US Polyethylene Producer Losses

All Eyes On Costs - Prices Going Higher

US Ethylene Decoupled From Global Costs

The US Cost Advantage Is Increasing Daily

Huntsman: Making All The Right Moves

Polymer Prices Are Responding To Higher Costs, But Asia Remains Challenged

Is Demand Growth Driving Inflation? Or Vice Versa?

Chemical And Polymer Prices Are Moving Higher

Troubling Times Ahead For European Chemicals

Demand Growth Continues To Favor Strong Corporate Results

A Good Deal For DuPont And Celanese, But All The Risk Is With Celanese

Even Some Of The Best Stories Are Being Hurt By Inflation

Abundant Hydrocarbons Could Keep The US Advantaged, Even Considering Emission Goals

Supply Disruptions Today But Chips With Everything In 2023

Linde: Always A Good Barometer For Industrial Activity

Chemical Sector Reports Suggest Inflation Is Here For A While

Demand Strength Is Showing Through The Inflation Noise

Raw Materials Inflation Not Over For Specialty Materials

Higher Ag Commodity Prices Are Helping Crop Protection Demand

Ashland's Results Provide Another Example of Materials Inflation

US Chemical Price Support Higher On Strong Demand

The US Is Benefiting From Strong Growth And A Significant Cost Advantage

More Signs That Shortages Of Chemicals Are Likely

Expectations From Dow Supportive Of Our Mega-Cycle Thesis

Another Example Of Materials Inflation For Renewable Power - Good For Chemicals

European Energy Prices Likely Rise With Any Russia Conflict

Demand Momentum For Commodities In 2022 Could Exceed Expectations

Tough Times For Ethylene In Asia Trigger A Response

Commodity Leadership Not Best For A Specialty Strategy

Higher US Chemical Production In 2022 Could Be Weather Dependent Again

Some Chemical Producer Price Initiatives Will Fare Better Than Others

Some US Polymer Markets Are Much Better Positioned Than Others - Watch PVC

US Ethylene Prices Higher But Some Exports Still Work

Inflation Is Everywhere And Detracts From Strong Chemical Growth

The US Cost Advantage For Basic Chemicals Remains Significant

A Quieter End To A Volatile Chemical Year

Feedstock Price Uncertainty WIll Likely Slow Chemical Investment

Aligning Corporate Strategy With Compensation Metrics Is Key

Polymer Margin Declines Holding Back Commodity Chemical Stocks, For Now

Will Consumers Become Experts In The Plastics They Use?

Some Holiday Stability For Ethylene And Propylene

Could Enterprise Beam Up Ethylene?

Strong Demand Likely More Important For US Polymer Prices Than Inventory

Refinery Propylene Remains A Cheap Source, If You Can Find It...

Many Adjustments Ahead For LyondellBasell

Inflation Drivers Are Everywhere, But Especially In Energy

The ACC Forecasts Look Too Conservative To Us

US Polypropylene: Very Expensive But Clearly In Demand

The Need For Manufacturing Support In The US: Enterprise Zones

US Polymer Price Weakness Inevitable Without Supply Issues, Despite Strong Demand

A Lack Of Good Research Will Lead To More Earnings Warnings

US Competitive Advantage Pushing Ethylene Exports

Energy Moves Could Drive US Chemical Price Volatility

More Evidence That Higher Energy Prices Could Linger

Is A Feedstock Shock In The Cards For US Chemicals?

High Prices Cause Behavioral Changes Throughout The Supply Chain

Chemical Supply Increases And US Prices Weaken

European Polymer Buyers Are Complaining, But They Will Pay Up

Relative To The Chemical Inflationary Cycle Of The ’70s, Present Times Reflect Similarities But Some Major Differences

Borouge Complex Under Review; US Commodity Chemical Weakness Likely Near Term

Is M&A The Path Of Least Resistance For The Chemical Industry?

An Expected Year-End Surge in US Production - Will It Be Too Much?

US Ethane Markets To Tighten In 2022 Amid Greater Demand

Chemical Portfolio Moves Already Active But Could Accelerate

ExxonMobil Pushing Ahead With Chemical Capacity, Despite The Risks

An 80's Re-Run - A Chemical Mega-Cycle

US Polymers Continue To Test Relative Limits

EU Ambitions Require More Natural Gas, Supply Readiness In Question

DuPont: More Value From More Actions

Some Supply Signals Easing, But Some Proposed Fixes Are Inflationary

Relative Economics Keep US Chemicals On The Tracks

Natural Gas: Good If You Have It, Very Bad If You Don't

Exports Helping Ethylene; Power Pushing Chinese Caustic

Olin Cutting Capacity, Celanese Adding; Both Strategies Can Work

More LNG For The US, But Less Gasoline!

US Polyethylene Producers Strive For Contract Price Support

US Propylene Contract Prices Under Pressure

Propylene Producers Are Seeing Margins Shrink Quickly

Lack Of Consumer Goods Make Higher Energy Prices More Affordable…

Changes In US Chemical Fortunes Are Speeding Up

Higher Global Energy Costs - A Real Problem For Most

Deserving The Benefit Of The Dow’t - Access Our Latest Reports

Petrochemical Margins Face More Downward Pressure

Polypropylene Can Afford The Stiff Freight Costs From Asia

US Commodity Chemical Producers Face More Margin Pressure

US Petrochemical Cost Advantage Erodes As Natural Gas Prices Surge

What's Contributing To Truck Driver Shortages & Why It Matters

High Natural Gas Prices May Be Here To Stay Without More E&P Investment

Lithium Is Not The Only Material We Need More Of...

US Methanol Sees Support From Higher US Natural Gas and Overseas Markets

A Stable Start To The Olefins Week

Energy Issues In China Hurting Some Chemical Production

Butadiene in Asia: Too Much Supply & Not Enough Demand

Natural Gas Short, Ethylene & Propylene Not So Much...

US Polymers Holding On To A More Fragile Premium, Mostly Storm Driven

Volatile Pricing Obscures Underlying Direction For Chemicals & Plastics

PVC: The Niche Exposure To Packaging Is Growing Quickly

How Durable Is Polypropylene?

More Storm Related Volatility For Ethylene

US Ethylene and Polyethylene: Instability From Many Directions

US Monomer Prices Falling, But Weather Remains A Risk

Propane: Pricing Itself Out Of The Chemical Feedstock Market

More Examples Emerge Of US Chemical/Polymer Market Tightness Post Ida

US Chemical Strength Persists, Ida Issues Add To Supply Chain Woes

US Polyethylene Prices Reflect Support, In Part Due To High Freight Rates

Upcoming Polyethylene Capacity Additions Are Unlikely To Go Unnoticed

The Tale Of Two Regions: Asia Loose, US Tight

US Polymers: Are The First Cracks Appearing?

US Ethylene: Flexibility Has Lessened, Despite More Funds Available

Oil To Gas Ratios Declining But US Competitive Edge Still Intact

Reasons To Short US Propylene Mount! (If Able To Push Recent History Aside)

Could Propylene Lose Market Share To Ethylene?

Polypropylene Should Be Traveling

High Transportation Costs Supportive Of Unusual Regional Price Shifts

Operating Leverage Spurs Downstream Profits, Combats Raw Material Cost Inflation

Price Support From High Shipping Costs & Outages

US Methanol - Evaluating Exports Amid Premium Domestic Product Prices

Polypropylene: Surpluses In Asia May Have To Stay In Asia

PVC: Still Our Preferred Polymer

The Last Conventional Ethylene Plant Built In The US?

Incremental Price Strength for US Ethylene and Propylene

Ethylene To Stay Volatile: Sizable Price Swings Likely

Strong Demand And Higher Costs Keep Methanol Supported

Propylene: Market Tightness and Derivatives Momentum

ExxonMobil, SABIC JV Petrochemical Project Runs Ahead of Schedule

Great North American Polypropylene Margins Despite New Capacity

More Oil and Gas Activity Does Not Mean Lower Prices

US Ethylene: The Volatility Continues

Logistic Issues Are Far From Over For Chemicals and Plastics

PVC: Some Signs Of Weakening Near Term, But Still Better Positioned Than Most Peer Polymers Long Term, In Our View

Propylene: 2H21 Volatility Likely Much More Than The Forward Curve Suggests

US Ethylene: A Slight Imbalance Drives Significant Volatility

Construction Material Shortages Break Records

Polymer Production Trends Suggest Significant Inventory Move

US Ethylene - Spot Market Shows Strength WoW, Likely To Remain Volatile in 2H21

The Wrong Time To Build Styrene Capacity

The NGL Cost Advantage For US Ethylene Producers Remains Substantial

Sell It Or Store It: The Gamble For Ethylene Surpluses In 3Q

Investment in China Continues Despite A Desire For Supply Diversity

In Basic Chemicals Timing Can Be Everything!

A Dramatic Change In Fortune For Ethylene

US Ethylene & Propylene: Very Different Markets!

A Boatload Of Opportunity For US Manufacturing

Butadiene: Strong Global Demand Overwhelmed By New Asia Production

Energy Inflation Coming But Unlikely To Change The Pace Of Renewable Investment

PVC Off Its Peak, But It's Long Term Outlook Remains Compelling

Propylene Too Expensive, Ethylene Cheap Enough

Ethylene Weaker Again - Is Propylene On The Edge?

Could Big Oil Capital Reallocation Drive More Chemical Supply?

Will High Propane Prices Limit Propylene Demand Growth?

Base Chemicals May Be Weaker, But Nothing Else Is

A Very Disorderly Olefins Market: More To Come?

What Happens When The Sell-Side Runs Out Of Money - No Proactive Analysis

More Indicators Point To US Polyethylene Contract Prices Near A 2021 Peak

Basic Chemicals Weakening In The US - Ethylene May Have More Risk

The Friday Question: What is Next for US Monomers?

Polyethylene: A Really Compelling Disconnect

US Chemicals and Polymers Holding On, But Under Pressure...

Chemicals Friday Question: How Long Can US Polyethylene Hold On?

US Ethylene Looks More Precarious Than Other Basic Chemicals

We Think Housing Stalled In April, But Still Has Momentum; Good For PVC

New Petrochemical Capacity In China Does Not Change The Dynamic Of The Cost Curve

Friday Chemical Question: How will global PVC values develop during the next three months? Lower or higher?

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