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Dow Chemical Crushes Estimates Due To Global Strength

Keys: Sales up, Volume up, Price up, Costs down $3.5B and the Operating Rate rose to 78%. The bad news? This is a global, not a US story. That matters if you are using Dow for a proxy…

Here is it. This bears reading for all as Dow “makes the stuff that makes stuff”. If Dow is seeing operating rates improve, then global demand is picking up.