Petrochemical Industry China Petroleum & Chemical Corporation (600028; Recommended) Outperformed PetroChina (601857; Neutral) as Propelled by Financial Crisis

  • Contributor:China Galaxy Securities
  • Date:May 5, 2009
  • Pages:3pages
  • Price:$40.00
  • File Type: Adobe Acrobat Reader®
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Excerpts:

Price of petroleum is around USD50 in 2009-2010.

 

China is entering into a prosperous phase of oil & gas discovery, and exploration performance is thus slid. However, the impact on China Petroleum & Chemical Corporation (600028) is of limit due to its small proportion.


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