South Korea petrochemical profits seen falling below Q2 as ethylene spreads weaken
AI Summary- Petrochemical producers are projected to post weaker third-quarter results than second-quarter results.
- Ethylene spread reached about $267 on Sept. 15, after averaging $209.38 in August.
- LG Chem, Lotte Chemical, Hanwha Solutions and Kumho Petrochemical received separate profit forecasts.