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Q1 2023 Market Analysis for DPM by Nguyễn Hữu Thiên Ân is a document available to read on EtoBox.

What is Q1 2023 Market Analysis for DPM about?

PetroVietnam Fertilizer & Chemicals JSC (DPM) reported a challenging Q1 2023 with significant declines in production and sales due to weak demand and high inventory levels, resulting in a 43% drop in revenue year-over-year. The average selling prices for key products like urea and ammonia decreased sharply, while gas costs increased. Looking ahead, the company anticipates a recovery in demand by May 2023 as the rainy season begins.

Author

Nguyễn Hữu Thiên Ân

Language

EN