BFM 89.9

Podcast  >  Morning Run  >  Market Watch  >  PetChem Production Peaks in Q3

PetChem Production Peaks in Q3

Wan Mohd Zahidi, Analyst, RHB Research

28-Nov-16 09:20

PetChem Production Peaks in Q3

RHB Research's top pick in the O&G space, Petronas Chemicals Berhad, has reached an all-time high production capacity in 3Q'16 -- the group's best performance since its listing. PetChem posted better earnings in its olefin & derivatives segment which hinges on movements in crude oil prices -- where once again OPEC will converge this week to decide on production cuts. However, PetChem's fertilisers segment was hurt by dumping activities from China exporters, who have flooded the market with supply.

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.


Tags:  Malaysia equitiesPetChemOPECcrude oil prices

Share this podcast

Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows

10:00 AM

Pick of the Pops (REPEAT)

12:00 PM

Bar None (REPEAT)

1:00 PM

Ringgit & Sense (REPEAT)

1:30 PM

The Property Show (REPEAT)

2:00 PM

Cruise Control (REPEAT)

3:00 PM

By the Book (REPEAT)

4:00 PM

The Bigger Picture (REPEAT)

5:00 PM

TED Radio Hour

6:00 PM

Earth Matters (REPEAT)

7:00 PM

Back To Back (REPEAT)

8:00 PM

Track By Track (REPEAT)

9:00 PM

The Selector