Company’s earnings outlook hinges on the product, (File pic: Lotte Chemical Plant. Johor.)
KUALA LUMPUR: The earnings outlook for Lotte Chemical Titan Holding Bhd
, which provides olefins and derivative products, is expected to hinge on the direction of naphtha prices.
CGS-CIMB Research, in a report, noted that naphtha prices have moderated slightly in April to US$905 (RM3,939) per tonne from US$993 (RM4,323) per tonne in March.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
