Posted by TopAnalysis > 2019-06-29 12:42 | Report Abuse

Based on latest audited annual report 2018, Lotte chemical holding 76%. In 6 month, no changes it will delist

Posted by Nicholasming91 > 2019-06-29 12:54 | Report Abuse

Delist with IPO price. Lol

Posted by TopAnalysis > 2019-06-29 14:17 | Report Abuse

The meaning of delist mean you cannot trade at bursa, you still hold the share but cannot buy and sell

Posted by Nicholasming91 > 2019-06-29 14:40 | Report Abuse

No worry soon will be pushed up to attract retailers

Posted by Jiahui Foo > 2019-07-01 09:08 | Report Abuse

Or further push down, so that everybody afford to buy........

Posted by Thw801 > 2019-07-01 09:42 | Report Abuse

Dead pool.. Seem like... Slow.....

Posted by KKH > 2019-07-02 13:08 | Report Abuse

PART B – CONTINUING LISTING CRITERIA
8.02 Compliance with shareholding or unit holding spread requirement
(1) A listed issuer must ensure that at least 25% of its total listed shares (excluding treasury shares) or listed units are in the hands of public shareholders or unit holders.

The Exchange may accept a percentage lower than 25% of the total number of listed shares (excluding treasury shares) or listed units if it is satisfied that such lower percentage is sufficient for a liquid market in such shares or units.

Posted by KKH > 2019-07-02 14:44 | Report Abuse

Bursa Malaysia Securities Bhd will not automatically suspend or delist companies that do not comply with public shareholding spread.

On Paragraph 8.15 (1) of the LR, whereby upon non-compliance of the public shareholding spread requirement, it might accept a percentage lower than 25% of the total number of listed shares if it was satisfied that the lower percentage was sufficient for a liquid market in such shares.

Suspension or delisting shall commence only upon 90% or more of the listed shares being held singly or jointly with associates of the said shareholders pursuant to Paragraph 8.15 (5) of the LR.

If in the event clause (Paragraph 8.15 (5)) was not triggered and the listed issuer wished to withdraw its listing, shareholders’ approval had to be obtained as stated in Paragraph 16.05 of the LR.

Posted by Jiahui Foo > 2019-07-02 15:12 | Report Abuse

Waiting 2.88

Posted by Sneakpeek > 2019-07-02 15:50 | Report Abuse

Predict will touch lowest RM 2.90 tomorrow

Posted by Sneakpeek > 2019-07-02 16:02 | Report Abuse

If delist becoz of lower % what will happen actually?

Posted by KKH > 2019-07-02 16:17 | Report Abuse

If it is voluntary decision, the firm pays its shareholders to return the shares held by them and removes the entire lot of shares from the exchange.

The power is in the hands of investors. If they think that the offer price is too low, then they should not accept it. And when investors accept the offer, the investors are essentially facilitating the move by the company to leave the stock market, as once the offeror has a 90% acceptance rate, the offeror can proceed to compulsorily acquire the company and proceed to take it private.

The good news is some investors are exercising their power. Recall the case of Malaysian Oxygen Bhd (MOX), where its institutional shareholders – Aberdeen and the Employees Provident Fund – were successful in obtaining a higher buy-out price than what was initially offered.

Posted by KKH > 2019-07-02 16:24 | Report Abuse

Aberdeen and EPF who held their ground in seeking a higher buy-out price, all the other minority shareholders of MOX enjoyed a better price too, even though they did not join the fight.

Posted by tnang > 2019-07-04 15:01 | Report Abuse

what happen, down again? below 2.90 accumulate more.

Posted by Jiahui Foo > 2019-07-04 15:03 | Report Abuse

Waiting 2.82

Posted by SharePlayer > 2019-07-04 18:43 | Report Abuse

Ipo 6, push down to 3, privatise at 4.5 easy money

Posted by Unk > 2019-07-04 18:46 | Report Abuse

What？You called me just now, madam venfx? ah what scam? I think it was your illusion, madam venfx, you need to take some rest....

Ok back to the topic.... I admire you la, madam venfx.....you bought Eg above 1.00 and average down on year 2017.... you are truely a professional trader, lol

Can you share with me your secret of success, madam venfx? lol


Posted by VenFx > Jan 16, 2017 1:07 PM | Report Abuse

I would pay close attention to see hiw things are evolved, frankly this is an deeply undervalued counter in my watch list still.
If everything set out well accept by the market, $1.30 - 1.50 will be on the card.

Posted by VenFx > Jun 20, 2017 11:42 PM | Report Abuse

我 储备了
持续 买进
Golden EGgs
两年,,, 一来 可以平衡成本
也可以 与 金蛋 一起 发

EGgs 的 爆发期 很可能是 2018 。

Posted by VenFx > Jul 12, 2017 7:17 AM | Report Abuse

如果 投机, 肯定不爽 。
投资的 朋友照理会默默耕耘
收割期 来临
又一春 咯


Posted by VenFx > Aug 1, 2017 7:02 PM | Report Abuse

就让 EG 接下来的业绩 来 告诉他 吧 !
没有 $1.30 以上 别出货


Posted by VenFx > Aug 1, 2017 7:09 PM | Report Abuse

还可以 乘 Eg-or 出炉时
在市场 直接买了 (理想加, 不超过 $0.33)
过后缴 $0.95 的提交,
等收 1凭单 : 1 红股 吧 !

平均每股 本钱
低到不行 :)


Posted by VenFx > Aug 1, 2017 7:17 PM | Report Abuse

怕 麻烦的,
就 买 女儿 吧
$0.450 太便宜了 :)

Posted by Unk > 2019-07-04 18:46 | Report Abuse

Put in my watch list

Posted by VenFx > 2019-07-04 19:43 | Report Abuse

He is a money game scammer 
who thought can easily goreng a counter namely Anzo  
At 0.600 , asking others to follow.  

I reveal him .  

He put blame on me everywhere i go.  
He keep using fake ids.

Posted by Sneakpeek > 2019-07-05 11:09 | Report Abuse

All signal show downward

Posted by -M2- > 2019-07-09 09:31 | Report Abuse

Wow, what happen with this counter. IPO RM6.00 now worth less then half.
This Korea company still can trust. ?

Posted by -M2- > 2019-07-09 09:32 | Report Abuse

Bottom fishing or catching a falling knife.

Posted by 7300 > 2019-07-09 09:35 | Report Abuse

wait for rm2.30,patient

Posted by tnang > 2019-07-09 15:54 | Report Abuse

IPO 6.50

Posted by Jiahui Foo > 2019-07-09 21:30 | Report Abuse

1.50 I sell all others,, n put here.......:-)

Posted by moven00 > 2019-07-09 21:34 | Report Abuse

Seperti yang dikatakan.....jangan berurusan dengan penyangak.
Kejujuran tak boleh dibeli dan mahal. Sekali Penyangak Selamanya Penyangak.

Posted by Patrick13 > 2019-07-10 10:31 | Report Abuse

贸易战冲击 产品赚益跌‧乐天大腾次季恐少赚68％

乐天大腾（LCTITAN,5284,主板工业产品服务组）今年业务饱受中美贸易战拖累，马银行研究预见第二季产品赚益恐显著下滑，并拉低次季核心净利大减68％至1亿令吉，连带下修全年财测6.7％。

全年财测下修6.7％

马银行研究指出，中国与美国贸易摩擦未解，让乐天大腾今年过得异常严峻，其中全球制造业采购经理指数(PMI)自5月起不断下滑，并反映出石油化学产品需求疲弱的迹象，但好在石脑油价格连续2个月下滑，帮助乐天大腾成功重新录得赚益。

“不过，我们预期今年第二季产品赚益仅为每公吨488令吉，按年和按季下跌39％和11％，今年为止产品平均赚益为每公吨517令吉，比去年同期减少40.2％，更是4年来最低水平。”

该行说，管理层预期次季工厂使用率90％，预估次季核心净利将按年大减68％至1亿令吉，但按季则料起79％。

总结上半年，核心净利可能下滑72％至1亿5580万令吉，仅达到全年财测的28％，但马银行研究看好随着石脑油价格呈跌，下半年表现有望显著转强。

“尽管如此，今年以来平均售价超出预期，预见整体赚益可能收窄5.5％，高于5月预期的5％，因此我们下修2019财政年核心净利目标6.7％至5亿6100万令吉。”

虽然马银行研究下调乐天大腾财测，连带调低目标价至3令吉35仙，但却维持其“买进”评级，主要是该股现以0.55倍账面值交易，为全球估值最便宜的石化股，估值更远低于重置价值，同时集团现手握市值53％现金，预测2019财政年周息率将达到4.1％。

https://www.sinchew.com.my/content/content_2080650.html

Posted by Kayme > 2019-07-10 12:14 | Report Abuse

Petrochemicals 09 Jul 2019 | 16:43 UTC Houston
Americas petrochemicals outlook w/c July 8
Author Staff report Editor: Zac Aiuppa Commodity: Petrochemicals

US OLEFINS
Prompt July ethylene prices remained virtually unchanged over the week. The market is still closely watching the timing of the return of the BASF/Total cracker to normal operations, which has been supporting ethylene prices despite ethane prices being close to an all-time low. Ongoing turnarounds at BASF-Total's cracker and metathesis unit have been the primary reason behind higher spot propylene prices. US propylene stocks dropped slightly over the week, which also supported propylene prices. The market will watch for updated US propylene stocks at the US Energy Information Administration's weekly report Wednesday.

US POLYMERS
US polyethylene market participants looked to finalize domestic June contracts following the holiday-shortened week. Trade participants were divided on whether prices were flat to 3 cents down from May contracts. US polypropylene sources continued to discuss a margin erosion between polymer-grade propylene and PP, anticipating a possible 1-cent shrinkage for July. A disparity regarding the direction of spot PP pricing persisted, with some sources eyeing ample supply plus a soft market while others discussed robust demand and steady price increases.

LATIN POLYMERS
Brazilian polyethylene and polypropylene markets were expected to start the week slow because of a bank holiday in the state of Sao Paulo on Tuesday, which will affect most of the sector's operations. PE and PP have seen their CFR prices at low levels in the past weeks, driving domestic delivered prices down by Real200/mt last week, while local distributors expect a downtrend to continue in mid-July and fall another Real200/mt. Currency exchange is expected to be stable week on week. In Argentina, domestic prices were unchanged last week amid uncertainty in the local market after Dow Chemical's Bahia Blanca complex suffered an explosion in its ethylene cracker BB 2 plant in Dow Argentina at the end of June. The 455,000 mt/year cracker incident is slightly affecting the distribution chain and the severity of the impact will depend on the period of stoppage, which is expected to last at least one more week.

US VINYLS
July pricing for US export polyvinyl chloride was expected to settle this week after protracted negotiations. Market participants pushed back against proposed increases amid lackluster international demand. A producer decided Friday to not offer July volumes amid production issues that reduced export volume availability this month. Others had yet to settle talks that market sources described as a standoff. Offer levels Monday remained unchanged, while market participants pushed for lower pricing.
In Asia, fresh August offers were expected to emerge this week amid expectations of a rollover with July or $10-$20/mt lower. The US domestic PVC market considered a 2-cent/lb price increase for June, which would restore pricing to March levels after prices fell 2 cents/lb in April, market sources said. Domestic demand did not seasonally rise in March and April as is typical because of prolonged winter weather and severe flooding in some regions.

US AROMATICS
US benzene prices were expected to remain flat to lower amid expectations of continued strength in imports. Sources noted that demand was steady but was unlikely to see significant improvement from the downstream styrene segment as prices continued to hover in the low-$900s/mt. Demand for toluene from the chemical segment was expected to remain subdued as conversion margins remained negative on the back of weaker paraxylene pricing. Toluene demand was likely to depend on the gasoline segment, particularly considering a recent spike that pushed blend values north of 270 cents/gal.

Posted by Kayme > 2019-07-10 12:26 | Report Abuse

Petrochemicals: 2019/07/08 07:00

Olefins
Trade for ethylene on a CFR Northeast basis was sluggish. Both sellers and buyers tried to determine market directions going forward and took a cautious stance. It was difficult to pass on costs of ethylene to many derivatives if ethylene prices increased. Further, new ethylene facilities would start operations soon. These factors capped the upside of the market. Under this situation, few bids and offers were heard.

In the Asia propylene market, supply was expected to increase going forward, buying interest from end-users was not strong. In Korea, operations at naphtha crackers were recovering and perceptions of tight supply eased. In Southeast Asia, few bids and offers were heard and prices tracked movements in the CFR Northeast Asia market.

The Asia butadiene market fell. Market sentiment weakened owing to poor demand. Although supply of Asian cargoes was not ample, the derivative synthetic rubber market softened. Moreover, non-regional cargoes were available and buying interest from end-users was weak.

Posted by Kayme > 2019-07-10 12:52 | Report Abuse

Petrochemicals 09 Jul 2019 | 19:29 UTC Houston
US resin export logistics face more logjams amid growing output
• Author: Kristen Hays
• Editor: Valarie Jackson
• Commodity: Petrochemicals
• Topic Industry Views
Houston — Logjams that hindered moving resin out of US ports from late 2018 through April have lightened up, but market participants expect the same problems to re-emerge later this year and into early 2020 as more polyethylene capacity comes online.
"We are expanding with all the polyethylene projects," a US market source said. "This year will be much worse than last year in terms of the amount of resources needed."
More than $200 billion in new petrochemical infrastructure has started up, is under construction, or planned in Texas, Louisiana, Pennsylvania and Ohio amid the US natural gas shale boom that has unearthed unprecedented access to cheap ethane feedstock.
New polyethylene resin production dominates the expansion renaissance, with capacity set to rise by 13.67 million mt/year, more than 50%, from 2017 through the next decade if all known projects reach fruition.
That new production is targeted for export, although 29% of new capacity that is operational already has taxed supply chains that move resin from producers to docks. Another 17% of the total slated to start up in the second half of 2019 is expected to bring at least a repeat of holdups that delayed resin exports for up to two months or more.

THE DELAYED SURGE
Hurricane Harvey's assault on the Texas Coast in August 2017 delayed the expected surge of new exports from new PE startups as producers focused on domestic demand for months after the storm.
But in the second half of 2018, PE inventories were high after producers held back volumes through late summer to protect thick margins. Prices began to retreat and export-bound volumes grew amid higher overall production, loading up Houston-area supply chain stops between plants and docks that did not meaningfully begin to clear until late April 2019.
Polyvinyl chloride volumes were mired in in the pileups as well, held up so long at times that customers canceled shipments, according to multiple traders.
The lack of consistent empty container availability in New Orleans also prompted Louisiana PE and PVC output to flow to Houston for packaging and export, exacerbating delays.

PACKAGING EXPANSIONS COMING
More than 5 million mt/year of new PE packaging capacity added in the US as the first wave of new PE production began starting up in 2017 and 2018 got a hefty workout after the Harvey-related lull, and more additions are coming alongside more PE startups. Resin buyers also have pushed for producers to sell prepackaged material so they could bypass SIT yard holdups, and more packaging expansions are starting up or planned.

Posted by Kayme > 2019-07-10 12:54 | Report Abuse

Supply increase and demand flat.

Posted by Kayme > 2019-07-10 13:05 | Report Abuse

Since 4/07/2019 up to date, share price of Lotte Chemical in Korea and Indonesia dropped to lowest 52 week range.

Posted by SharePlayer > 2019-07-10 20:00 | Report Abuse

Your analysis is ok, but you miss the main point. Lctitan is at asian and most of the business is at asian not US. Even the new factory in US is sales their product to the JV.

Posted by gsi723 > 2019-07-10 20:26 | Report Abuse

Let’s see this LC can rebound like once hopeless TM...

Posted by Kayme > 2019-07-10 23:29 | Report Abuse

Petrochemicals 10 Jul 2019 | 04:08 UTC Singapore

H2 outlook: Global polyethylene market seen bearish on weak demand, rising supply

Author: Fumiko Dobashi Hui Heng
Commodity: Petrochemicals

Highlights:
Demand growth for packaging seen lukewarm
US-China trade tensions, weak currencies add further weight

Singapore — The outlook for the polyethylene market globally is bearish for the remainder of the year due to a combination of weak feedstock costs, weak global demand and anticipated plant startups, according to market participants.

An estimated 4 million-5 million mt of new polyethylene supply is expected to come online by end December -- 2.9 million mt of it in the US and the rest in Asia. However, the new polyethylene units are expected to contribute only around half their nameplate capacities initially due to the various delays in the typical ramp-up cycle before reaching on-specification resin, and due to potential delays in receiving on-site monomer from steam crackers.

Market sources were expecting more US shale-based PE to enter the market worldwide excluding China in H2, in regions such as Latin America, Europe and then Asia. Producer sources in the key supply region of the Middle East estimated that around 12 million mt/year of PE in 2019 will continue to diversify end-product portfolios, where competition is less intense.

Weak ethylene feedstock markets were expected to weigh on PE buying ideas, while demand was expected to be generally more bearish in H2 than a year earlier due to uncertain macroeconomics, particularly resulting from the US-China trade tensions.

"Even if there is a resolution with China, there is still no guarantee that China will come back to the market," a US PE distributor said. While US-China trade tensions continue to simmer heading into H2, PE market participants have been more concerned about the recent weakness in global demand. South Asia and Southeast Asia have not seen a rise in polymer finished orders from the US as their manufacturing capacities are not as big as China's, traders said.

The current PE surplus will continue to be absorbed by China's demand through some redirection of regional cargoes, sellers said. Some participants were expecting more Southeast Asian cargoes to be exported to China due to regional plant expansions and the ASEAN-China free trade agreement. Some small Chinese plastic recyclers have also relocated to Southeast Asian countries such as Cambodia and Myanmar due to cheaper labor costs, sources said.

US exports of high density polyethylene, linear low density PE and low density PE combined totaled 1.8 million mt over January-April, surging almost 50% from the same period a year earlier, according to US International Trade Commission data. However, with exports for some grades of PE to China impacted by a 25% tariff, specifically LLDPE and HDPE, US exporters have relied on Latin America as a key export destination.

With escalating tensions between the US and China, Europe has seen imports from the US increase this year, with market participants expecting this will continue into H2. According to latest Eurostat data, HDPE imports between January and April 2019 totaled 35,300 mt, up from 22,160 mt in the same period a year earlier.

Virgin PE was likely to remain the preferred substitute despite the recent government push for recycling; recycled resins account for around 3%-4% of the volume of production used in polymer resins. Recycled material is still less easily available and requires a large capital outlay.

The performance of recycled material was also generally not up to expectations, and a lack of financial incentives to collect and sort waste and a fragmented industry comprising mostly small players continued to constrain development, market sources said. Some traders were not optimistic that recycled PE could replace virgin PE, noting that virgin resin made from ethane was currently very cheap.

Currency depreciation against the US dollar has also dampened imports to several countries.

In one of the leading polymer markets, Turkey, the weak US dollar-Turkish lira exchange rate continues to hamper selling into the Turkish market, as imported material is purchased in US dollars and then sold into the market in the local currency. "Turkey is going through difficult times and businesses are squeezed," one trader said.

Posted by Chewchear > 2019-07-12 01:00 | Report Abuse

https://www.bloomberg.com/quote/011170:KS

Lotte Chemical Korea price keep dropping and to the lowest, will LCTitan Malaysia another bad quarter?

Posted by 1536373271 > 2019-07-12 15:16 | Report Abuse

buy

Posted by YAPSS > 2019-07-15 19:48 | Report Abuse

Hey! Today, R-Table will be covering $LCTITAN(5284.MY) - Lotte Chemical Titan Holding Berhad by presenting 10 years financial results in a short, fun & interesting way. Click the link below to watch the video.

Link: https://youtu.be/FscRfqN2f-k
#YAPSS #RTable #PanMalaysiaCorporationBerhad #CashRichSeries

Posted by 5354_ > 2019-07-15 23:20 | Report Abuse

Shareplayer post damn lousy haha. Why dare not admit no money to buy BAT?

SharePlayer Tp 10 is not posible, 30 sen dividend for 4 quarter, even at 12 is 10% div yield. So posible at 20-24, div yield around 5-6%
18/06/2019 8:18 PM

Posted by tnang > 2019-07-16 13:29 | Report Abuse

time to collect Lctitan

Posted by tamp0i > 2019-07-17 18:44 | Report Abuse

Bought. Chart looked flat bottom and low, but might gets lower but who knows.. Swallowed first and wait for spring time

Posted by si4000 > 2019-07-17 22:35 | Report Abuse

Am buying since beginning of Jul till now

Posted by Jiahui Foo > 2019-07-18 14:59 | Report Abuse

Waiting 2.80

Posted by dam82 > 2019-07-18 15:42 | Report Abuse

Buy buy don't miss chance

Posted by Kayme > 2019-07-18 16:24 | Report Abuse

2019 Second Half Outlook: Global propylene supply to remain healthy on extra capacity, strong inventories.
US inventories establish records in 2019
US-Europe arbitrage under pressure, but outlook mixed
Asia likely to stay stable-to-soft as a result of additional PDH plants

Global propylene markets will continue to see healthy supply availability in the second half of 2019 as fresh capacity comes online in Asia and US inventory levels remain strong.
As supply improved, alongside a slowdown in derivatives demand, global propylene spot prices fell this year from the multi-year highs seen in 2018, and the US market has taken the steepest dive.
US propylene supply has recovered in the first half of 2019, as production from propane dehydrogenation units has improved. This was in line with expectations for the front half of the year, and eventually led to record high inventory levels of 6.459 million barrels in March, according to the US Energy Information Administration.

Trade participants have said this is something they expect to continue for the remainder of the year.
Inventory levels have gradually come down since March, but are still well above inventory levels a year ago. At the end of June, US inventories stood at 4.960 million barrels, compared with 2.324 million barrels at the end of June 2018. Market participants have said stocks should build again following mid-year turnarounds at some heavy cracker units. But sources added that all three US PDH units are still expected to have see type of turnaround between October and February 2020.
The overall increase in inventories has pressured US propylene spot prices, leaving them well below 2018 levels. Polymer-grade propylene spot prices hit a low of 32 cents/lb ($705/mt) FD USG in late February before rebounding and then receding again to 32 cents/lb FD USG in mid-June.

Posted by Kayme > 2019-07-18 16:24 | Report Abuse

As supply length pushed spot prices to levels not seen since the end of 2016, US propylene exports have increased through the first four months of 2019, according to data from the US International Trade Commission. Volumes mainly headed to Latin America, and market participants have said they expect this to continue throughout 2019.
Europe has also seen an increase in shipments of US molecules as players anticipated supply tightness amid a heavy steam cracker turnaround schedule in the second quarter.
According to Eurostat data, imports from the US in the first four months of 2019 averaged 13,600 mt/month, compared with 920 mt/month in the same period in 2018. Meanwhile, imports reached an all-time high in February of 63,760 mt, the data show.
Since the beginning of 2019, Europe polymer grade propylene has traded at a premium to other regions before falling below $1,000/mt FD NWE, close to levels in Asia and narrowing the gap with the US.
With that recent relative weakness, market players have started questioning if arbitrage opportunities still exist, already anticipating a decline in imports from the US.
The premium of the European PGP spot price over its US equivalent was calculated at between $150/mt and $200/mt at the beginning of July, meaning the arbitrage was closed on paper.
"The arbitrage has been challenged, but from a volume perspective there is enough propylene for July and August," one European player said.
However, more planned maintenance is expected in Europe between August and October, meaning supply could turn tighter if the current trend continues.

ATTENTION IN ASIA TURNS TO NEW CAPACITY
Meanwhile, the Asian market will focus on startups, with more than 1.2 million mt/year of extra propylene production capacity expected to come online in China by H2.
This includes China's Fujian Meide Petrochemical's 660,000 mt/year PDH plant in September and Dongguan Juzhengyuan's 600,000 mt/year PDH plant by the end of H2. The additional capacity could reduce Chinese reliance on imported cargoes and exert pressure on spot price.
"We imported 600,000 mt of propylene feedstock for our two 500,000 mt/year polypropylene plants last year and will reduce the imports by 400,000 mt once our PDH plant is operating at full rate," said a company source at Fujian Meide Petrochemical.
As for the rest of Southeast Asia, Northeast Asia and South Korea, there will be less turnarounds in H2 compared with the front half of the year, ensuring a relatively stable supply of propylene, especially in the final three months of the year. Three steam crackers in the region with a total propylene capacity of over 1.5 million mt/year were heard to have plans for turnarounds in the current quarter. Chandra Asia, the major player in Indonesia, is expected to shut down its cracker for turnaround by August 1, while Formosa Petrochemical's No. 2 steam cracker unit will carry out scheduled maintenance by mid-August. Lotte Chemical is scheduled to shut its Daesan cracker by October 14.
Other market participants were keeping a close watch on the Malaysia's Petronas-Aramco RAPID project, which has experienced delays in the startup of the cracker and refinery. The complex's RFCC is now scheduled to produce 600,000 mt/year of propylene by the end of Q3, but is only due to produce on-spec propylene in Q4, according to a source with direct knowledge of the matter.

Posted by Kayme > 2019-07-18 16:46 | Report Abuse

Global and regional market fundamentals are expected to continue to influence polyethylene pricing second half of 2019. Market players believe that, even under the scenario of an agreement between the US and China, pricing will continue at a very competitive levels amid healthy availability from different origins.

Posted by Chewchear > 2019-07-19 16:00 | Report Abuse

Quarter report will be released in another 7 trading days...

If bases on past 2019 1st half supply/demand, Olefins and derivative, Polyolefin market price, may be can predict this coming Quarter Report's result?

Better wait after the result release and see how....

Posted by Chewchear > 2019-07-19 16:15 | Report Abuse

Citi downgraded Pchem stock to sell from neutral, target price to RM7.20 was not without reason, this was based on petrochemical market 2019/20 outlook and commodities price movement on supply demand.

If Pchem also been write down, can LCtitan survive?

Posted by andychay6124 > 2019-07-19 22:03 | Report Abuse

一天跌一点，一天跌一点