1011 GMT - BASF's strong order intake, healthy volume growth and stable supply chains support expectations for a solid second quarter, Jefferies analysts say in a note. There don't appear to be signs of a sharp downturn in demand for the German conglomerate, the analysts say. BASF is also as well positioned in China despite industry overcapacity, with the Zhanjiang Verbund chemical production site ramping up efficiently, benefiting from scale, operational flexibility and a lower carbon footprint than many local competitors, they add. The planned IPO of its agricultural chemicals business remains a potential value-unlocking opportunity, they say. Shares trade 1.5% lower at 48.18 euros. (nina.kienle@wsj.com)
(END) Dow Jones Newswires
June 25, 2026 06:11 ET (10:11 GMT)
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