Petronas Chemicals' Earnings Unlikely to Weaken Near-term Despite Easing Prices

Dow Jones

Jun 25

0111 GMT - Petronas Chemicals' earnings outlook isn't expected to weaken immediately even as petrochemical prices normalize, says TA Securities analyst Luqman Anwar in a note. While petrochemical prices are unlikely to return to their April-May peaks, supply disruptions linked to the U.S.-Iran conflict could keep regional markets relatively tight and support product margins through 2026, he says. However, this support could fade as Middle East exports recover and capacity additions are made in China. Anwar expects petrochemical spreads and margins to weaken from 2027 onwards. TA Securities downgrades the stock's rating to sell from buy, and cuts target price to 4.32 ringgit from 6.56 ringgit. Shares are 1.7% lower at 4.03 ringgit. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

June 24, 2026 21:11 ET (01:11 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2646840549"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2646840549\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2646840549?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-25 09:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2646840549","market":"us","top_or_hot":-1,"title":"Petronas Chemicals' Earnings Unlikely to Weaken Near-term Despite Easing Prices","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0111 GMT - <a href=\"https://laohu8.com/S/PECGF\">Petronas Chemicals</a>' earnings outlook isn't expected to weaken immediately even as petrochemical prices normalize, says TA Securities analyst Luqman Anwar in a note. While petrochemical prices are unlikely to return to their April-May peaks, supply disruptions linked to the U.S.-Iran conflict could keep regional markets relatively tight and support product margins through 2026, he says. However, this support could fade as Middle East exports recover and capacity additions are made in China. Anwar expects petrochemical spreads and margins to weaken from 2027 onwards. TA Securities downgrades the stock's rating to sell from buy, and cuts target price to 4.32 ringgit from 6.56 ringgit. Shares are 1.7% lower at 4.03 ringgit. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 24, 2026 21:11 ET (01:11 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Petronas Chemicals' Earnings Unlikely to Weaken Near-term Despite Easing Prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPetronas Chemicals' Earnings Unlikely to Weaken Near-term Despite Easing Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-25 09:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0111 GMT - <a href=\"https://laohu8.com/S/PECGF\">Petronas Chemicals</a>' earnings outlook isn't expected to weaken immediately even as petrochemical prices normalize, says TA Securities analyst Luqman Anwar in a note. While petrochemical prices are unlikely to return to their April-May peaks, supply disruptions linked to the U.S.-Iran conflict could keep regional markets relatively tight and support product margins through 2026, he says. However, this support could fade as Middle East exports recover and capacity additions are made in China. Anwar expects petrochemical spreads and margins to weaken from 2027 onwards. TA Securities downgrades the stock's rating to sell from buy, and cuts target price to 4.32 ringgit from 6.56 ringgit. Shares are 1.7% lower at 4.03 ringgit. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 24, 2026 21:11 ET (01:11 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6045","symbol_name":"建筑与工程","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2646840549","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2646840549","pubTimestamp":1782349860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0111 GMT - Petronas Chemicals' earnings outlook isn't expected to weaken immediately even as petrochemical prices normalize, says TA Securities analyst Luqman Anwar in a note. While petrochemical prices are unlikely to return to their April-May peaks, supply disruptions linked to the U.S.-Iran conflict could keep regional markets relatively tight and support product margins through 2026, he says. However, this support could fade as Middle East exports recover and capacity additions are made in China. Anwar expects petrochemical spreads and margins to weaken from 2027 onwards. TA Securities downgrades the stock's rating to sell from buy, and cuts target price to 4.32 ringgit from 6.56 ringgit. Shares are 1.7% lower at 4.03 ringgit.  Dow Jones NewswiresJune 24, 2026 21:11 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6045":"建筑与工程","BK6512":"房地产股","PA3.SI":"长益"},"translate_title":"尽管价格宽松，马来西亚国家石油公司化学公司的盈利近期不太可能减弱","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PA3.SI":0.75},"content_text":"0111 GMT - Petronas Chemicals' earnings outlook isn't expected to weaken immediately even as petrochemical prices normalize, says TA Securities analyst Luqman Anwar in a note. While petrochemical prices are unlikely to return to their April-May peaks, supply disruptions linked to the U.S.-Iran conflict could keep regional markets relatively tight and support product margins through 2026, he says. However, this support could fade as Middle East exports recover and capacity additions are made in China. Anwar expects petrochemical spreads and margins to weaken from 2027 onwards. TA Securities downgrades the stock's rating to sell from buy, and cuts target price to 4.32 ringgit from 6.56 ringgit. Shares are 1.7% lower at 4.03 ringgit. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 24, 2026 21:11 ET (01:11 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}