by Gerhard Engelbrecht | Jul 31, 2020 | Chemicals
Sasol’s spot earnings declined as oil prices and refining margins in particular were lower this week. Spot earnings for FY21 is at R5.01/share. Singaporean petrol spreads weakened amid new COVID-19 cases as well as floods in India and China (link)..Polymer prices...
by Gerhard Engelbrecht | Jul 24, 2020 | Chemicals
Sasol’s spot earnings continue to rise this week as the oil prices moved higher. Crack spreads continue to fall however. Spot earnings for FY21 are at R9.00/share and at spot prices the LCCP earns a loss of R4.63/share.Polymer prices continue to advance in...
by Gerhard Engelbrecht | Jul 23, 2020 | Chemicals
Volumes generally lower: Sasol’s volumes in 4Q and the full year were generally lower due to COVID-19 lockdowns in several countries.Sasol Mining: Production and internal sales volumes in FY20 in the division were unchanged from last year despite the...
by Gerhard Engelbrecht | Jul 17, 2020 | Chemicals
Sasol’s spot earnings are slightly higher this week as the oil prices moved higher. Crack spreads were lower, however. Spot earnings for FY21 are at R8.69/share and at spot prices the LCCP earns a loss of R4.31/share.Polyethylene prices were higher in...
by Gerhard Engelbrecht | Jul 13, 2020 | Chemicals
Large asset for sale: Sasol has indicated that it is far advanced in the sale of its 50% share in Rompco, the company that owns the pipeline that transports gas from Mozambique to Sasol’s site in Secunda.Key to feedstock delivery: Rompco transports almost...
by Gerhard Engelbrecht | Jul 10, 2020 | Chemicals
Sasol’s spot earnings are lower this week, mainly due to a stronger R/$ exchange rate as well as a lower oil price. Spot earnings for FY21 are at R7.93/share with earnings for FY21 falling back into a loss.Chemical prices were generally flat in Asia but US...
