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Chemtrade falls 10% on Q1 miss and Q2 caution

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Chemtrade falls 10% on Q1 miss and Q2 caution

Chemtrade Logistics (CHE-U) fell 10% after a Q1 miss, driven by weaker pricing and higher sulfur costs which pressured margins and should continue - with a four-week turnaround at its North Vancouver facility ($15M EBITDA impact) limiting the offset from better caustic soda pricing in Q2. That could keep a lid on valuation near-term, until investors get line of sight to fundamental improvement in the back half of the year or progress on its rezoning application.

Eli Rodney
Eli Rodney

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May 12, 2026

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1 min read

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