1) SRF: R-22 price rose to Rs345/kg (+3.1% QoQ) in Q4FY23-TD; volumes were up 4.2% YoY to 1.9kte. In packaging films segment, spreads contracted QoQ for both BOPET and BOPP, which will put pressure on SRF’s packaging films margin. 2) Gujarat Fluorochemicals: PTFE price jumped 2.7% QoQ / 11.6% YoY to Rs1,051 while volumes fell 23.7% YoY to 1.9kte.