R-22 price rose to Rs333/kg (+11.3% QoQ) in Q3FY23-TD, but volumes were down 34.3% YoY to 0.8kte. In packaging films segment, spreads have contracted QoQ for both BOPET and BOPP, which should incrementally put pressure on SRF’s packaging films margin. Lauryl alcohol price dipped in Q3FY23-TD to Rs153, down 19.9% QoQ; this should help Galaxy Surfactants improve its volumes as a result of reducing cost pressures for FMCG companies. Rossari Biotech’s four key raw material prices have started falling, which should aid margin improvement. Pigment prices were down QoQ on low demand and volumes have declined due to lower consumption in the plastics segment; this will continue to hurt Sudarshan. EPL should see some relief in margin pressures due to fall in polymer price (down 8.6% QoQ). PTFE price jumped 5.1% QoQ / 23.2% YoY to Rs1,017 while volumes fell 26.3% YoY to 0.85kte. Other fluoropolymer prices increased 2.6% QoQ, and volumes surged 236.4% YoY to 108te. Carbon black export...

According to Todudu data monitoring, the domestic LLDPE (7042) price was RMB 8182.86 per ton on September 19th, and the average price was RMB 8175.71 per ton on September 23rd, a weekly decrease of 0.09%, and an increase of 0.62% compared with that of August.1. According to the monitoring of TuoDu data, the average price of LDPE (2426H) ex-works was RMB 10200.00/ton on September 19th, and RMB 10100.00/ton on September 23rd, down 0.98% during the week, and up 0.50% compared with August 1st. According to the data monitoring of Tudou.com, the average ex-works price of HDPE(5000S) was RMB 8600/ton on September 19th, and RMB 853.33/ton on September 23rd, a decrease of 0.78% compared with the same period last year. Compared with August 1, the week fell 2.48%. Last week (September 19 to 23), the domestic PE spot market was weak, the three major spot varieties fell, but the fluctuation was relatively limited. LLDPE fell first and then rose, LDPE and HDPE were stable first and then fell. The ...