Commodity Chemicals Surge +6.32% | DOW, LYB, WLK,CBT & MEOH Lead the Rally
The Commodity Chemicals sector rose sharply at the February 4, 2026 ET market close, with key names up +4% to +10%.
The rally was supported by a broader market rebound, stabilizing oil and gas prices, and renewed investor demand for industrial materials amid improving economic signals.
This surge followed a volatile period in chemicals, where earnings swings and technical consolidations had pressured prices.
Top-performing names include $Dow Chemical(DOW)$ , $LyondellBasell Industries NV(LYB)$ , $Westlake Chemical(WLK)$ , $Cabot(CBT)$ , and $Methanex(MEOH)$ . This time, TigerPicks chose these stocks to provide a fundamental highlight and help users understand the sector better.
Institutions Outlook
The Motley Fool-Daniel Foelber: Materials and energy are among the best-performing sectors in 2026, and falling interest rates are expected to support housing and industrial demand, providing a tailwind for chemical end markets.
Persistence Market Research-Satender Singh: The vast growth potential of commodity chemicals is driven by their indispensable role across global manufacturing sectors and the robust industrial expansion in the Asia-Pacific region.
LinkedIn-Daniel Foelber: The commodity chemicals market is poised for robust growth, fueled by rapid industrialization in emerging economies and a strategic shift toward sustainable, bio-based chemical innovations.
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1. 🚀 $Dow Chemical(DOW)$ +6.26%
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Fundamental: Broad market rebound and stabilizing commodity prices lifted sentiment, while a 6.48% dividend yield continues to attract income-focused investors.
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Financial:P/E (TTM): -8.76, reflecting earnings pressure; P/S at 0.58 remains attractive versus peers.
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Technical & Weekly Outlook: Momentum strong, volume ratio 1.31, RSI(6) 87.24, MACD bullish. Key levels: resistance $34/$35.5, support $32.0/$30.5; expect consolidation.
2. 🧩 $LyondellBasell Industries NV(LYB)$ +6.83%
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Fundamental: Cyclical sector rebound and high short interest drove strong momentum.
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Financial: Forward P/E 20.32x above historical 13.19x; P/S 0.49; TTM P/E -15.19, ROE -10.58%.
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Technical & Weekly Outlook: Momentum strong, volume 9.65M (VR 0.87), RSI(6) 83.39, MACD bullish. Key levels: resistance $57.48/$60, support $56.96/$53.45; expect consolidation.
3.💰$Westlake Chemical(WLK)$ +5.61%
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Fundamental: Post-earnings volatility and market recalibration drove the rally.
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Financial: P/E (TTM) -12.94; Forward P/E 151.99 vs historical 59.88.
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Technical & Weekly Outlook: Momentum strong, volume 2.65M (VR 1.60), RSI(6) 80.50, MACD bullish. Key levels: resistance $100/$105–110, support $96/$90.93; expect consolidation.
4. 📈 $Cabot(CBT)$ +10.44%
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Fundamental: Sector rotation and solid fundamentals (ROE 22.82%, Dividend 2.24%) supported the surge.
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Financial: Forward P/E 11.04 below historical 12.09; P/S 1.11 reasonable.
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Technical & Weekly Outlook: Momentum strong, volume 1.26M (VR 1.67), RSI(6) 79.2, MACD bullish. Key levels: resistance $81.15/$85–89, support $78.73/$71.28; expect consolidation.
5. 👥 $Methanex(MEOH)$ +4.08%
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Fundamental: Breakout reflects strong methanol demand and industrial sentiment.
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Financial: Forward P/E 14.55 above historical 13.43; P/S 1.11.
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Technical & Weekly Outlook: Momentum strong, volume 1.27M (VR 2.12), RSI(6) 76.0, MACD bullish. Key levels: resistance $54.49/$60, support $51.32/$49.25; expect consolidation.
⚠️ Disclaimer: All information is based on official company disclosures and market data for reference only. Not investment advice.
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