SCC Gains 3% as Crude Oil Price Decline Boosts Demand
SCC rose ฿12.00/share or 2.96% to ฿418.00/share, with a trading value of 609 million baht.
SCC rose ฿12.00/share or 2.96% to ฿418.00/share, with a trading value of 609 million baht.
18 ส.ค. 2564

The share price of the Siam Cement Public Company Limited (SCC) rose ฿12.00/share or 2.96% to ฿418.00/share as of 10:42 local time in Thailand, with a trading value of 609 million baht.
According to Capital Nomura Securities (CNS), crude oil prices are anticipated to have already passed their peak in the near term, with every $1/barrel decline being favorable for SCC, helping to raise demand, lower costs, and support margin.
Yesterday (August 18), the WTI September ’21 futures price closed at $66.59/barrel, down 70 cents or 1%.