Emkay
We appreciate your support in the Asiamoney Brokers Poll 2020 After falling below $20/barrel in April'20, crude prices managed to cover some ground and hovered above $40/barrel in June'20, led by tightened supply from OPEC and supported by encouraging economic data from the US and China. OPEC's production in June'20 was cut to a three-decade low after Saudi Arabia reduced production by an additional 1mn bpd. This propelled some relief rally in various downstream products in the last two months. Gradual re-opening of economies helped bring demand back on track for ~60-70% of the chemical products. Although, some chemical prices still...
IDBI Capital released a Sector Update report for Chemicals & Petrochemicals on 12 Sep, 2025.
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