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The drought may prove a boon for the chemical sector, Credit Suisse says, as propane demand for...

The drought may prove a boon for the chemical sector, Credit Suisse says, as propane demand for crop drying likely will be severely impacted; combined with expected high supply, the firm sees soft propane pricing. This would weigh on ethane prices, helping producers like LYB, DOW and WLK maintain profits despite the effect of weaker commodity chemical prices on top-line results.
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