UBS and Warburg Research analysts forecast a bleak recovery for BASF due to low demand and high costs, likely to hit EBIT guidance's lower end. Citi analyst sees stagnating end markets further impacting earnings.
Since the third quarter of 2022, the "ethylene-naphtha" price difference has been lower than 200 US dollars / ton for three consecutive quarters, at the bottom of history. The bottom of this round of petrochemical boom lasts for a long time and the price difference is low. We expect that with the gradual recovery of downstream demand, the industry's prosperity is expected to pick up. It is recommended to pa...
Hey, moomooers! Here are things you need to know before the opening bell: - U.S. stock index futures fell during early morning trading on Wednesday after the major averages pulled back from record highs, snapping a five-day winning streak. -The busiest week of earnings continues on Wednesday with Shopify, Facebook, Pfizer, McDonald’s, Qualcomm, Ford, and PayPal among the names on deck. Market snapshot U.S. stock index futures fell during ea...
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コラムThe petrochemical industry is facing opportunities for layout at the low point of the boom
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- U.S. stock index futures fell during early morning trading on Wednesday after the major averages pulled back from record highs, snapping a five-day winning streak.
-The busiest week of earnings continues on Wednesday with Shopify, Facebook, Pfizer, McDonald’s, Qualcomm, Ford, and PayPal among the names on deck.
Market snapshot
U.S. stock index futures fell during ea...
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