1、 Price trend According to the data monitored by the toodudu, the price of PVC carbide SG5 fell last week. Two weeks ago, the average price of domestic PVC was 7996.25 RMB/ton on B Thursday, and 7348.75 RMB/ton on last Thursday. The price fell by 8.1% in seven days. 2、 Market analysis Last week, the domestic spot market of PVC continued to decline. Downstream enterprises and traders are in a strong wait-and-see mood. They are cautious in taking goods. They can take goods as they are used. Rigid demand is the main factor, and the delivery and transaction of PVC spot market is not good. Up to now, the quotation range of domestic pvc5 electric stone is mostly around 7050-7550 RMB/ton. International crude oil. On June 29, the price of international crude oil futures fell. The settlement price of the main contract of WTI crude oil futures in the United States was $109.78 / barrel, down $1.98 or 1.8%; The settlement price of the main contract of Brent crude oil futures was $112.45 / barrel...

Reliance Industries Ltd’s revenue from oil-to-chemicals segment for 4Q FY22 increased by 44.2% Y-o-Y to ₹ 145,786 crore ($ 19.2 billion) primarily on account of higher realization on the back of sharp increase in crude oil prices – Brent crude prices were up 66.5% Y-o-Y to $ 101.4 /bbl. Product volumes was also higher by 4.2%, with steady recovery in demand. Segment EBITDA for 4Q FY22 improved by 24.8% Y-o-Y to ₹ 14,241 crore ($ 1.9 billion) led by multi-quarter high transportation fuel cracks, partially offset by lower polymer & intermediates margins and higher energy cost. Downstream product margins were impacted by weak naphtha cracking economics and supply over-hang in fibre intermediates. EBITDA margin for the quarter declined by 150 bps Y-o-Y to 9.8%. This was primarily due to base effect driven by higher feedstock and product prices. Domestic polymer demand improved during the quarter with overall improvement in economy and easing of pandemic res...