KUALA LUMPUR: Lotte Chemical Titan Holding Bhd
expects the outlook of the petrochemical industry to remain volatile.
“In general, we have experienced a challenging period under the weight of a deteriorating external environment. The market volatility is expected to remain elevated arising from the slower economic growth as policymakers raised interest rates to tame inflation. Besides, new capacities that have gradually come onstream posed downward pressure on petrochemical prices.
