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Jun. 1--The Aromatics (Thailand) Plc has faced no difficulties related to the dispute over textile imports between the United States and China, and speculation over the possible revaluation of the Chinese yuan, according to ATC president Permsak Shevawattananon.
Mr Permsak was responding to investor concerns about the effect the textile dispute and currency rumours were having on petrochemical commodity prices including paraxylene, the main product of ATC and a key raw material for the textile industry.
Share prices of many commodity stocks, particularly petrochemical companies, have fallen over the past few weeks, reflecting a dimming outlook toward the ...