Chemical (basic) industry
Article Abstract:
First quarter, 1997, results for the basic chemical industry that produces commodity chemicals indicates that the cyclical downward trend that began after the 1995 high will continue through 1997 and 1998. Although many basic chemical company executives have prepared for the cyclical downturn, commodity chemical prices will continue to drop and investors should look elsewhere. Although basic chemical industry securities offer high dividend yields, these can be easily slashed as the downturn continues.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Chemical (basic) industry
Article Abstract:
Abundant supply, rising raw materials costs, slowing demand in Asia, and new capacity have eroded profits for the chemical (basic) industry in the 2nd and 3rd qtrs of 1999. Global economic cycles and economic turmoil in Asia may hurt corporate profits in the industry, and margins are expected to remain under pressure for 1999 even though they may rebound in the year 2000. Investors should avoid these stocks in the 4th qtr of 1999 and through the year 2000.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Chemical (basic) industry
Article Abstract:
Profit margin predictions in the Chemical (basic) industry are optimistic for 2000 due to high demand and reductions in the cost of basic materials. Includes details of related companies.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2000
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