Quarterly UpdatesJul 31, 2026, 06:08 AM
Braskem Q2 2026 Production & Sales Mixed; Spreads Up
AI Summary
Braskem S.A. reported its preliminary production and sales data for Q2 2026, highlighting a volatile global macroeconomic environment driven by the Middle East conflict, which led to increased oil and naphtha prices. Operational results were mixed, with some segments experiencing lower utilization rates and sales volumes due to maintenance, inventory management, or liquidity measures. However, petrochemical spreads generally increased across most segments, positively impacting operating results.
Key Highlights
- Brazil/South America petrochemical crackers utilization rate in line with 1Q26 (+1 p.p.).
- Brazil/South America resin sales volume decreased 2% vs 1Q26 and 8% vs 2Q25.
- US & Europe PP plants utilization rate decreased 3 p.p. vs 1Q26 due to scheduled maintenance.
- Mexico PE plants utilization rate decreased 12 p.p. vs 1Q26 due to liquidity preservation measures.
- Brazil/South America PE Spread increased 101% vs 1Q26 and 103% vs 2Q25.
- US PP Spreads increased 35% vs 1Q26 and 35% vs 2Q25.
- Mexico PE Spread North America increased 73% vs 1Q26 and 98% vs 2Q25.
- Main chemicals export volume from Brazil/South America increased 55% vs 1Q26 and 2Q25.
Price Impact
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