According to the monitoring of the commodity market analysis system of toodudu, the PVC spot market price fluctuated slightly last week, with a slight decrease. On Monday, the average domestic PVC price was 5,566 RMB/ton, and on Friday it was 5,662 RMB/ton. The price was reduced by 0.07% during the week. Last week, the PVC spot market prices fluctuated slightly, with a slight decrease. Overall, the confidence in the spot market is average, with little change in prices on the market. Manufacturers’ quotations are generally stable, and traders’ prices are relatively flexible. Downstream procurement is relatively cautious, with a strong wait-and-see attitude and a weak market atmosphere, resulting in average transactions. As of now, the quotation range for PVC SG5 type carbide materials in China is mostly around 5,300-5,750 RMB/ton. On April 18th, international crude oil futures continued to decline. The settlement price of the main WTI crude oil futures contract in the Unit...

R-22 price has risen to Rs 214 (up 11.6% QoQ) in Q3FY22-TD and the spreads are likely to be higher for SRF; margins for Navin Fluorine / GFL will rise even higher on soft chloroform prices. In the packaging films segment, spread has increased in BOPET but lower in BOPP. We don’t see packaging films trend to be a representative of the entire quarter due to volatility in prices and we will therefore wait for next two-months’ data to arrive at any conclusion. NTCF import volumes continue to remain elevated probably on higher prices from domestic manufacturer, thus, long-term margins for technical textiles may not sustain at existing levels. Lauryl alcohol prices have remained stable in past two quarters and LAB price dipped marginally on QoQ basis but it has now caught-up with LA inflation on YoY basis. Rossari Biotech’s raw materials – acetic acid and surfactants prices dipped QoQ, but acrylic acid and silicone continue to rise sharply. Pigment prices have increa...