Ajay Virmani, Managing Director, Lords Chloro Alkali Limited has been elected as the new President of Alkali Manufacturers Association of India (AMAI), the body of Rs. 36,000 crore Alkali and chloro-vinyl industry in the country. Aditya A. Shriram, Dy Managing Director of DCM Shriram Ltd. has taken over as the new Vice President at the 46th Annual General Meeting of AMAI held at New Delhi today. Virmani, a chartered accountant by qualification, and a veteran of the industry has had long innings of two decades in the textiles sector before moving to chlor-alkali industry. In the last two years, Virmani has served the industry as Vice President of AMAI and has mentored the post-Covid recovery process of the industry through meaningful dialogue with the Government and organization of insightful industry sessions. Young and dynamic Aditya Shriram, with a degree in Industrial Engineering from the prestigious Cornell University and an MBA from the London Business School, is heading the chem...

Today’s comprehensive market price is 14300.00 RMB / ton, and the PC market is in a weak and stable operation. Products: The national PC market is running in a cold state, with careful quotation and strong wait-and-see atmosphere. There is a strong wait-and-see atmosphere in the market. Affected by 2019n-CoV, the transaction atmosphere is cold. So it is difficult to make a transaction. Industry chain: Upstream BPA: Due to the impact of the epidemic, the resumption of downstream factories was delayed. And the logistics and transportation were blocked. Sporadic offers were made around 10900 RMB / ton, mostly through real single negotiation, and the delivery of merchants was not smooth. Industry: On February 12, the rubber and plastic index was 646, down 2 points from yesterday, 39.06% from 1060 (2012-March-14), and 12.15% from 576, the lowest point on December 21, 2015. (Note: cycle refers to 2011-December-01 to now). 　PC analysts of toodudu think that th...

According to data monitored by toodudu, the PVC spot market prices fluctuated and fell in November. On November 1st, the average price of PVC in China was 5,844 RMB/ton. On November 29th, the average price was 5,698 RMB/ton, and the price dropped by 2.5% during the month. The PVC spot market prices fluctuated and fell in November. In the first half of this month, the preference for futures market trends drove up the confidence in the spot market. PVC spot prices rose, but in the first half of the month, upstream calcium carbide market prices significantly declined, and the trading atmosphere on the exchange became weak, leading to a decline in market prices. In the middle of the month, be cautious and wait, as the PVC spot market lacks confidence and prices fluctuate and decrease. In the latter half of the month, the futures market was mainly in a downward trend, with the spot market being heavily suppressed and prices falling. Downstream demand for purchases was the main focus, with...