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By Malini Hariharan
With crude oil at around $88/bbl and naphtha hitting $890/tonne cfr Japan on Monday, the pressure is building up along the olefins chain.
Ethylene is trading at around $1200/tonne cfr NEA while propylene is at $1280/tonne cfr …
Is this the right time to buy petrochemical stocks? Asian equity analysts are having a tough time answering this question being posed by portfolio managers across the region.
They are seeing a ‘mini downcycle’ emerging with a …