BASF: New 52-Week High – Here Are the Reasons!

BASF recently recorded a price increase and reached a new 52-week high. In particular, the escalation of the Iran conflict in the Middle East is leading to an involuntary market closure, granting the company rare pricing power. Geopolitical instability reduces import pressure The Iran war and disruptions in key shipping routes have driven up the costs of chemical imports from Asia. For years, BASF faced pressure from cheap basic chemicals from China and the Gulf region. This "Asian flood" is now receding, as logistics risks and skyrocketing...