Petronas Chemicals' near-term earnings could be weighed by lower urea prices and planned plant maintenance, though the headwinds are expected to be temporary, RHB IB analyst Lee Yun Leon says in a note. He expects urea prices to recover in 2H on seasonal fertilizer demand, while resilient methanol and ammonia prices should provide support. The potential sale of its 50% stake in its JV Pengerang Petrochemical remains a key catalyst, as it could remove a major earnings drag, reduce forex volatility and improve earnings predictability, he says. RHB raises Petronas Chemicals' rating to buy from neutral after its recent share price weakness and keeps its target price at 5.92 ringgit. Shares are 1.5% higher at 4.11 ringgit. (yingxian.wong@wsj.com)