R-22 prices dipped slightly to Rs244/kg (down 5.0% QoQ / up 37.6%) in Q4FY22-TD, but volumes were down 47.6% YoY to just 1.9kte. This could be partially due to plant shutdown for Gujarat Fluorochemicals, but we are not worried as companies sell their entire quota allocated for full year. In packaging film segment, spread has increased for both BOPET and BOPP. This is despite anticipation of spreads dipping due to new capacity expansion, while higher margins will continue helping SRF. Lauryl alcohol prices rose again in Feb’22 and now stand at Rs181, up 15.2% QoQ. Inflation in Rossari Biotech’s four key raw materials will keep company margins under pressure. Pigment prices have increased (good for Sudarshan Chemical) on QoQ basis, but RM inflation looks far ahead. EPL will continue to face challenges due to elevated polymer prices. PTFE prices have risen 14.8% YoY to Rs948, in-line with GFL commentary on price increase; PTFE volumes grew 13.7% YoY in Q4FY22-TD. Carbon black...

toodudu: PE Spot Market Decreases (March. 25) The overall trend of the domestic PE market is showing different degrees of decline, the overall market turnover atmosphere is not good. By March 24, the average ex-factory price of LLDPE 7042 in east China was 6,600 RMB/ton, down 0.5% from the previous day. The average ex-factory price of LDPE 2426H in east China is about 7562.5 RMB/ton, down 0.33% compared with the previous day. The average ex-factory price of HDPE 5000S in east China is 7000 RMB /ton, down 1.87% compared with the previous day. The decrease range is between 50 RMB/ton -200 RMB/ton. On March 24, the PE market as a whole still fell, with the majority of petrochemical down 50-200 RMB/ton or so. The market cost support strength weakened. On morning (On March24), oil fell after a small rebound, weak linear futures felling. There is a certain degree of pressure on the market mentality, and market is full of pessimistic merchants. There is an overall decline in the market. A...