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-0.000408663669799732 0.000408663669799732 0.00114425827543932 0.000653861871679594 0.00547609317531673 0.0118512464241929 0.00702901512055578 0.00261544748671837
Stock impact report

KeyBanc shuffles chemicals playbook amid Iran conflict [Yahoo! Finance]

LyondellBasell Industries NV Ordinary Shares Class A (Netherlands) (LYB) 
Last lyondellbasell industries nv ordinary shares class a (netherlands) earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: lyondellbasell.com/en/investors
Company Research Source: Yahoo! Finance
Analyst Aleksey Yefremov wrote that “while the dust is far from settled on the Iran conflict, we see it as a positive catalyst for U.S. petrochemicals,” adding that rising crude prices are lifting the global cost curve and tightening supply. KeyBanc said roughly “11-15% of global ethylene/PE capacity is directly affected” by the conflict, with low inventories and disrupted output likely to push global utilisation into the “mid-to-high 80%” range. The firm now expects “at least several quarters of global petrochemical tightness before supply catches up,” as Europe remains highly dependent on imports. Yefremov stated that both Dow and LyondellBasell stand to benefit the most, noting that LyondellBasell is “positioned relatively better due to fewer assets in the Persian Gulf and MTBE exposure.” KeyBanc raised estimates on both companies, citing stronger outlooks for ethylene, propylene, polyethylene and MTBE. U.S. polyethylene prices could rise by $0.10 per pound in the coming Show less Read more
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