CEX: $670 Price Target

For the Chemicals index, I believe within this quarter that it should reach $670 as a price point. The overall correlation have been positive. The market has been full of upswings and the DOW Jones as well as Stock Indexes are all seemingly strong. Also the stock rally of many of those chemical based companies are expected to go up given the demands of synthetic materials. This is especially true in the semi-conductor, herbicides, and petrol engineering related fields. Also, both the rise of pharmaceuticals and alternatives will either way bring positive correlation to most major Chemical players on the stock exchanges whether directly or indirectly related.


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