R-22 price rose to Rs333/kg (+11.3% QoQ) in Q3FY23-TD, but volumes were down 34.3% YoY to 0.8kte. In packaging films segment, spreads have contracted QoQ for both BOPET and BOPP, which should incrementally put pressure on SRF’s packaging films margin. Lauryl alcohol price dipped in Q3FY23-TD to Rs153, down 19.9% QoQ; this should help Galaxy Surfactants improve its volumes as a result of reducing cost pressures for FMCG companies. Rossari Biotech’s four key raw material prices have started falling, which should aid margin improvement. Pigment prices were down QoQ on low demand and volumes have declined due to lower consumption in the plastics segment; this will continue to hurt Sudarshan. EPL should see some relief in margin pressures due to fall in polymer price (down 8.6% QoQ). PTFE price jumped 5.1% QoQ / 23.2% YoY to Rs1,017 while volumes fell 26.3% YoY to 0.85kte. Other fluoropolymer prices increased 2.6% QoQ, and volumes surged 236.4% YoY to 108te. Carbon black export...

Product Name: LLDPE Latest Price (January 6): 7,350 RMB / ton Market Analysis: The PE market as a whole is mixed, and petrochemicals have individually lowered their ex-factory prices by 100-200 RMB, which has weakened market cost support. However, international oil prices and linear futures have risen, boosting industry confidence. Businesses are tentatively rising. The enthusiasm for downstream market entry has improved, and the overall market transaction atmosphere is acceptable. Market Forecasting: It is expected that there may still be a rise in the short term. If you have any questions, please feel free to contact toodudu with tdd-global@toodudu.com