According to the data monitored by toodudu, the price of PVC carbide SG5 was increased last week. The average price was 6,504.29 RMB/ ton last Friday, and the price was increased by 0.77% in the week. Last week, the price of PVC in the domestic spot market rose steadily. At present, the spot market is in good condition, downstream enquiries are increasing, actual order follow-up is slightly insufficient, and the market trading atmosphere is good. This week, the overall futures price rose slightly, and the market confidence rebounded significantly. Up to now, the quotation range of domestic PVC5 electric stone is mostly around 6,200-6,750 RMB/ ton. toodudu PVC analysts believe that the spot price of PVC rose last week. At present, the demand of PVC spot market is OK, the market trading atmosphere is good, and the spot price is slightly increased by futures. The upstream calcium carbide price rose slightly, and the support for PVC was OK. It is expected that China PVC market price will...

Meghmani Finechem Limited (MFL), a leading manufacturer of Chlor-Alkali products and value-added derivatives, will get listed both on NSE (National Stock Exchange of India Limited) and BSE stock exchanges tomorrow. The shareholders of Meghmani Organics Limited (MOL) were allotted 94 fully paid equity shares of face value of Rs. 10 of MFL for every 1,000 fully paid equity shares of MOL of face value Rs. 1. Tomorrow 4,15,50,158 equity shares of Rs. 10 of MFL will get listed on the stock exchanges and trading will commence. Commenting on the occasion, Maulik Patel, Chairman & Managing Director, Meghmani Finechem Limited said, “I would like to welcome all shareholders of Meghmani Finechem Limited to be part of our stakeholders and to join hands in contributing to our growth journey. The listing of Meghmani Finechem Limited as a separate and independent entity on the exchanges is aligned with the long term vision of the management. The restructuring would entail several bene...