Previous close | 0.5866 |
Open | 0.5822 |
Bid | 0.5950 x 0 |
Ask | 0.6100 x 0 |
Day's range | 0.5822 - 0.5822 |
52-week range | 0.4200 - 0.6020 |
Volume | |
Avg. volume | 409 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
In this article, we will look at the top 20 chemical exporting countries in the world. If you want to skip our detailed analysis, head straight to the Top 5 Chemical Exporting Countries in the World. Chemicals Market Outlook The chemical industry is one of the most important industries in the world and is directly […]
(Reuters) -Chinese refining giant Sinopec Corp plans to maintain steady refinery output during the second half of 2023 as domestic fuel demand recovers, after reporting a 20% decline in interim profit because of lower crude oil prices. Sinopec, the world's largest refiner by capacity, plans 127 million metric tons of crude throughput, about 5.04 million barrels per day, between July and December, versus 126.54 million tons during the first six months, the company said in a stock filing on Sunday. Sinopec on Sunday reported a 20.1% fall in interim net profit for the first half of the year compared with the same period of 2022, to 35.11 billion yuan ($4.82 billion), on lower crude prices despite higher refinery output and growth in fuel sales.
Chinese oil refiners and petrochemical companies are investing tens of billions of dollars to produce high-end chemicals for solar panels and lithium-ion batteries to profit from growing demand for energy transition technologies. The investments illustrate China's drive to reduce its import dependence and further cement its dominance of renewable energy and electric vehicle supply chains. The move pits the Chinese companies against Dow Chemical, Exxon Mobil and BASF in making key materials.