DCM [OUTPERFORM +11.9%] - Strong urea prices to support near-term profits - Update 2021-08-12T00:00:00 Company Research We maintain our OUTPERFORM rating as we reiterate our optimistic view on DCM being a leading urea producer that will benefit from strong urea prices in 2021-2022F in addition to its long-term potential from rising export demand and its NPK segment.