FRANKFURT, April 30 (Reuters) - BASF's BASFn.DE finance chief said the German chemicals company was not only incurring risks from the Iran war but also leveraging opportunities such as using pricing power during the second-quarter thanks to its stockpiling.
"The physical product supply is secured also for the second quarter of the year. We also have the possibility to play our long value chains. And this together with the closeness and proximity to our customers is really paying off," CFO Dirk Elvermann said in an analyst call after the release of quarterly results.
(Reporting by Ludwig Burger and Patricia Weiss, Editing by Friederike Heine)
((ludwig.burger@thomsonreuters.com;))