ICICI Securities: PVC Pipemakers May Outperform CPVC Peers In First Half Of This Year
A polymer strip is imbedded by machine into the security paper during the production process at the Landqart AG paper mill in Landquart, Switzerland (Photographer Gianluca Colla/Bloomberg)

ICICI Securities: PVC Pipemakers May Outperform CPVC Peers In First Half Of This Year

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ICICI Securities Report

Polyvinyl Chloride (PVC) prices increase further by Rs 2/ kilogram or 2.5% with effect from August 13, 2020. This is the third price hike in second quarter to date after a sharp spurt witnessed in PVC prices in May-June 2020.

PVC prices, which now stand at Rs 82.3/kilogram, have risen 25.5% since May 01, 2020. The surge in PVC prices is largely led by higher international PVC prices amid supply-side woes.

This, we believe, would provide a fillip to PVC pipe manufacturers (by way of higher channel filling) who have been grappling with Covid-19 led intermittent lockdowns.

Click on the attachment to read the full report:

ICICI Securities Polymer price update 13Aug20.pdf


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