30 Publicly Traded Materials Stocks - 2019 Performance and Outlook

In this post we have a look at 30 publicly traded material stocks and their allover performance in 2019.

21 out of the 30 stocks could make gains for their shareholders (date of estimation: 12.12.2019). The remaining nine corporations look forward to more sunshine in the year 2020.

Reuters Events industry report presented that on the one hand resin demand continuous to grow and on the other hand petrochemical companies feel pressure caused by slowing economic growth outlook, US-China trade war and the sudden rage against plastics.

Further, in 2020 new polyethylene resin capacity in the US will go online and could lead to an oversupply in the market. This will keep the resin prices down and puts even more pressure on the margins.

However, in the long-term perspective, plastics industry counts with a yearly polyolefin market growth of 3 to 4% per year. World population is growing and access to clean water over piping system is in high demand, as well as medical care products and electronics.

Thanks for reading & till next time!
Greetings,
Herwig Juster

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Literature:
[1] https://www.plasticsnews.com/blog/most-materials-stocks-saw-gains-2019
[2] Finanzen.net