Wanhua Chemical H1 profit decreased amid pandemic

MOSCOW (MRC) -- China's Wanhua Chemical posted a 49.56% decrease in net profits in the first half of the year, as sales and prices both took a hit from the coronavirus pandemic, the company said.Slump in oil prices also dampened demand and prices of its products.Prices of pure methylene diphenyl diisocyanate (MDI), its major product, decreased to CNY15,800-CNY18,700 in the first half year

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