In today’s briefing:
- ECVT: Echoes of Free Cash Flow
- The Commodity Report #62
ECVT: Echoes of Free Cash Flow
- ECVT continued to benefit from the growing need of sulfuric acid and catalysts throughout its customer base.
- Refineries are operating at high utilization rates resulting in eco services sales rising faster than expected. The silica catalysts segment continues to benefit from polyethylene demand
- The free cash flow ECVT is generating has resulted in ECVT lowering its debt ratio to lowest in the Company’s history. However, the stock price has yet to reward shareholders
The Commodity Report #62
- Commodities rallied as the dollar weakened and real rates declined again.
- As you can see above, the CRB index bounced right from the 200D MA.
- More important commodities did so even while GDP data was worse than expected.
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