Equity Analysis /
Thailand

Thailand: Refining & Chemical - GRM gained; most chemical spreads declined

  • Headline GRM fattened further WoW

  • Ethylene spread increased; Propylene spread declined WoW

  • HDPE and PP spreads slipped WoW

Suppata Srisuk
Suppata Srisuk

Equity Research Analyst

Bualuang Securities
14 September 2021