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ICICI Securities Report
Polyvinyl Chloride price uptrend continues unabated with another record hike of Rs 6/kilogram, or 6%, w.e.f. November 18, 2020.
This is the fourth price hike in PVC in Q3 FY21 (up 17.6%) after an increase of Rs 14.5/kg, or 18.9%, in Q2 FY21.
The rally, which started with sharp spurts in May-June 2020, has now extended into Q3 FY21 as well.
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