[Concall] Lotte Chemical "Delay in Basic Material Demand Recovery Likely to Continue Until Q3"

Lotte Chemical Ulsan Plant. [Photo by Lotte Chemical]

On the 8th, Lotte Chemical stated during the Q2 earnings conference call, "Considering the current spreads and sales status, the demand for basic chemicals in Q2 and Q3 is expected to be similar." However, they added, "Starting from Q3, a full-scale recovery in product sales is anticipated, suggesting the possibility of improved performance in the second half of the year compared to Q2."