iStockFor the nine-month period ending December 31, 2021, standalone total income from operations went up to Rs 1,363.51 crore from Rs 875.15 crore registered during the corresponding period last fiscal, the company said. Chennai: Chemical manufacturer Chemplast Sanmar’s revenues shot up by 33% to Rs. 1,452 crore during the third quarter of FY22 on account of higher realizations per tonne for key products. The company which reported its results on Saturday said EBITDA grew 25% year-on-year to Rs. 353 crore while profits too for the third quarter grew by 48% to Rs. 237 crore. Chemplast Sanmar said the demand for both specialty polyvinyl chloride (PVC) and suspension PVC has picked up strongly and the built-up inventory is expected to get diluted in near term. “On the volume front, while the caustic soda volume for the quarter was higher, specialty paste PVC and suspension PVC volumes were lower on a YoY basis, primarily due to restrictions around operation of downstream un...

Price trend According to the commodity analysis system of toodudu, the price of flake caustic soda was weakly consolidating this week. At the beginning of the week, the average market price in Shandong was 3,600 RMB/ton, and the average market price over the weekend was 3,566.67 RMB/ton, a decrease of 0.93% and a decrease of 25.95% compared to the same period last year. Upstream caustic soda According to the commodity analysis system of toodudu, the price of caustic soda was weak this week, with an average market price of around 824 RMB/ton at the beginning of the week and 812 RMB/ton on the weekend, a price drop of 1.46%, and a 27.76% decrease compared to the same period last year. Market outlook toodudu’ analysts believe that this week’s weak consolidation of flake caustic soda prices had weakened the actual trading atmosphere compared to the previous period, and downstream market entry enthusiasm was cautious. The supply-demand gamed, overall, the price of caustic soda may ...