Equity Analysis /
Thailand

Thai (Bualuang): Chemical-4Q21 playbook: selective play on growth outperformer

  • New capacity additions to pressure olefins spreads in 4Q21

  • Less incremental supply to boost aromatics margins in 4Q21

  • Improved fundamentals to support 4Q21 polyester chain spreads

Suppata Srisuk
Suppata Srisuk

Equity Research Analyst

Bualuang Securities
17 September 2021