Alembic Global Advisors

 

US Chemicals – Déjà vu all over again? Fundamentally not!

US Chemicals – Déjà vu all over again? Fundamentally not!
· Near-term pricing correction concerns overblown, in our view
· Brent and spot pricing not best indicators; China demand better than most think
· Overweight rated DOW and LYB at yield support levels, in our opinion

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