Chemicals & Petrochemicals
Chemicals & Petrochemicals
SECTOR | 18 Jun 2023
ICICI Securities Limited
1) SRF: R-22 prices rose to Rs356/kg (+2.1% QoQ) in Q1FY24-TD; volumes were up 111.4% 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 in Q1FY24.
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