[Concall] LG Chem "Minimal Impact from China Yigu Huanshin... Market Recovery Difficult for Now"
![NCC view of LG Chem Daesan Plant. [Photo by LG Chem]](http://www.asiae.co.kr/news/img_view.htm?img=2021090208315412466_1630539114.jpg)
On the 25th, during the Q2 earnings conference call, LG Chem stated regarding the petrochemical sector's Q3 outlook, "Global maritime freight rates have risen sharply and are expected to remain similar to Q2 levels," adding, "The effects of China's stimulus measures such as the 'Iguwanshin' are expected to be limited due to weak real estate demand."
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