Equity Analysis /
Thailand

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

  • Headline GRM strengthened further WoW

  • Ethylene spread moved up; Propylene spread declined WoW

  • HDPE spread slipped; PP spreads expanded WoW

Suppata Srisuk
Suppata Srisuk

Equity Research Analyst

Bualuang Securities
28 September 2021