US chem shares fall as stock market resumes sell-off

Al Greenwood

10-Apr-2025

HOUSTON (ICIS)–US-listed shares of chemical companies fell sharply on Thursday as the stock market resumed its sell-off after the previous day’s massive rally.

Many chemical shares fell faster than the general market with some declining by double digits.

The following table shows the major indices followed by ICIS.

Index 10-Apr Change %
Dow Jones Industrial Average 39,593.66 -1,014.79 -2.50%
S&P 500 5,268.05 -188.86 -3.46%
Dow Jones US Chemicals Index 747.29 -28.97 -3.73%
S&P 500 Chemicals Industry Index 801.90 -27.63 -3.33%

Thursday’s sell-off offset a big chunk of the rally from the previous day, which saw the Dow Jones Industrial Average rise by nearly 8%.

On that day the US reduced the size of nearly every reciprocal tariff it is imposing on countries to 10%.

The exception was China, for which the US increased the size of the reciprocal tariffs to 125%. In all, the US has increased its tariff rate on Chinese imports by 145% in 2025.

The European Commission has since imposed a pause on the retaliatory tariffs that it was prepared to impose on US exports, many of which were plastics and chemicals.

The EU’s retaliatory tariffs would be in response to duties that the US imposed on European shipments of steel and aluminium.

The following table shows the US-listed shares followed by ICIS.

Name $ Current

Price

$ Change % Change
AdvanSix 20.09 -1.02 -4.83%
Avient 30.51 -2.38 -7.24%
Axalta Coating Systems 30.24 -1.52 -4.79%
Braskem 3.32 0.05 1.53%
Chemours 10.815 -1.065 -8.96%
Celanese 37.66 -6.24 -14.21%
DuPont 57.53 -4.42 -7.13%
Dow 27.205 -2.655 -8.89%
Eastman 75.97 -5.51 -6.76%
HB Fuller 51.8 -1.98 -3.68%
Huntsman 13.385 -0.875 -6.14%
Kronos Worldwide 6.68 -0.43 -6.05%
LyondellBasell 54.21 -5.62 -9.39%
Methanex 26.25 -4.04 -13.34%
NewMarket 548.87 -0.79 -0.14%
Ingevity 31.21 -2.19 -6.56%
Olin 19.62 -2.36 -10.74%
PPG 98.57 -4.54 -4.40%
RPM International 102.12 -3.52 -3.33%
Stepan 47.36 -2.33 -4.69%
Sherwin-Williams 329.66 -6.59 -1.96%
Tronox 4.97 -0.42 -7.79%
Trinseo 3.31 -0.02 -0.60%
Westlake 86.95 -6.78 -7.23%

Visit the ICIS US tariffs, policy – impact on chemicals and energy topic page.

Thumbnail Photo: Stock trading. (Source: Shutterstock)

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