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    LYB — LyondellBasell Industries News Story

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    Citigroup cuts PT on chemical companies amid slumping polyethylene prices

    Picture of LyondellBasell Industries logoLyondellBasell Industries
    19/11/2025 13:03
    ** Citigroup cuts price target on chemical companies LyondellBasell LYB.N and Dow DOW.N as dropping polyethylene prices reflect deeper discounts in the summer

** "We also find the increasing frequency of discounts concerning as it reflects a worsening demand environment and bearish setup in 2026"- brokerage

** Citigroup believes that more closures from the western hemisphere will be required to backstop declining profit

Brokerage changes PT on the following companies:


    CompanyNew PTOld PT% upside or downside to stock's last close
    LyondellBasell LYB.N$43$471.7% downside
    Dow Inc DOW.N$23$255.3% upside
    

 (Reporting by Dharna Bafna in Bengaluru)

 ((dharna.bafna@thomsonreuters.com))

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