SINGAPORE (ICIS)–Asian chemical shares fell on Friday amid deepening concerns over a global trade war after the White House clarified that the US’ tariffs on China has risen to 145%.
By 01:15 GMT, Japanese producers Asahi Kasei and Mitsui Chemicals had fallen by 5.16% and 4.03% lower respectively in Tokyo, while LG Chem was down by 2.89% in Seoul.
Malaysian producer PETRONAS Chemicals Group (PCG) was down by 1.03% in Kuala Lumpur while palm oil and oleochemicals major Wilmar International fell by 1.27% in Singapore.
Published by: www.icis.com
Jonathan Yee
11-Apr-2025
