June 9, 2026 04:07 AM GMT MENA Chemicals | Europe A Tactical Reopening Trade, A Structural Fertiliser Call Fertilisers remain our preferred GCC exposure over petchems, with structurally tighter urea markets supporting a more resilient outlook, despite short-term petchem margin support from disruption. We upgrade SABIC on the improving petchems backdrop and yield support, while downgrading Yansab as reopening-driven price normalisation could drive relative underperformance. Key Takeaways Fertilisers still pr ...