Kraton Polymers (KRA -11.6%) is downgraded to Neutral by Macquarie, which cites a choppy product...

|About: Kraton Performance Polymers... (KRA)|By:, SA News Editor

Kraton Polymers (KRA -11.6%) is downgraded to Neutral by Macquarie, which cites a choppy product demand setting and a near-term stalling of per-unit profits. The firm says estimates are missing the volume collapse that tends to accompany a 40% Q/Q decline in prices for butadiene, KRA's principal raw material, as product buyers await lower prices.