IDC depends on billing conversion, acetic acid on spread recovery, while oil shipping and UHV each have their own catalysts
Four industry reports show different paths to earnings realization: IDC demand is ahead of revenue, shrinking acetic acid supply is driving a profit recovery, oil tanker spot rates have fallen while time charters remain firm, and faster UHV approvals are raising expectations for tenders.
Guotai Haitong, Tianfeng, Huachuang and Huayuan Securities ·