Discontinued — last reported Q3 '20
A benefit indicates inventory value recovery, while a charge signals potential market weakness or oversupply issues affecting product pricing.
This metric represents adjustments made to inventory values to ensure they are reported at the lower of cost or market (...
Similar to 'Inventory write-downs' or 'LCM adjustments' commonly disclosed by manufacturers in cyclical commodity industries.
lyb_segment_i_d_lcm_inventory_valuation_charge_benefit