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Chemical Week Magazine :: CW75 Stock Performance
cw75 stock performance
1:41 PM MDT | August 9, 2007 | Chemical Week Editorial Staff
The CW75 index rose 1.5% for the week ending May 9. Basic chemical shares rose 3.3% on news that analysts expect second-quarter basic chemical margins to increase because of improved demand in March. “The late first-quarter price increases in both the ethylene and chlor-alkali chain were supported by extensive outages in the first quarter, improved exports, and a seasonal rise in demand,” says Merrill Lynch (New York) analyst Don Carson. Diversified and specialty chemical stocks rose 1% and 1.6%, respectively. Albany Molecular Research’s stock...
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