|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||39.50 - 40.00|
|52-week range||39.50 - 77.75|
|Beta (5Y monthly)||1.39|
|PE ratio (TTM)||6.58|
|Forward dividend & yield||3.58 (9.06%)|
|Ex-dividend date||02 May 2022|
|1y target est||N/A|
A shutdown would have a far-reaching impact across all sectors, from nappies to medicine
BASF is monitoring the natural gas market closely and could cut production further if needed after Russia suspended deliveries through its main gas pipeline to Germany, the chemicals giant said on Monday. Responding to questions from Reuters, the Germany-based company, one of the largest natural gas users in the country, added it was bracing for high and volatile gas prices. European stocks fell on Monday and gas prices surged after Russia indefinitely extended a shutdown of Nord Stream 1, one of its main gas supply routes to Europe.
FRANKFURT (Reuters) -Germany's BASF, the world's largest chemical company, is cutting ammonia production further due to soaring natural gas prices, it said on Wednesday, with potential ramifications from farming to fizzy drinks. Germany's biggest ammonia maker SKW Piesteritz and number four Ineos also said they could not rule out production cuts as the country grapples with disruption to Russian gas supplies. Ammonia plays a key role in the manufacturing of fertiliser, engineering plastics and diesel exhaust fluid.