2H19 looking more positive for Lotte Chemical Titan

Challenging outlook: A Lotte Chemical Titan plant in Johor. According to CIMB Research, fundamentals of the petrochemical giant remained challenging in April.

KUALA LUMPUR: Maybank research expects a better 2H19 for Lotte Chemical Titan Holding Bhd as it sees more favourable naptha and petrochemical prices moving forward

"In the past month, we have seen a favourable combination of naphtha prices easing and prices of many basic petrochemicals rebounding. It is not a convincing bounce but it does suggest the floor price has been established.