The European plastics industry has been stressed since Russia invaded Ukraine, and China’s Shanghai region went into lockdown for about two months. Global supply chains have consequently become even ...
The Erie County Water Authority in Buffalo, N.Y., has filed a proposed class action lawsuit against municipal PVC pipe producers alleging illegal collusion to increase prices. The lawsuit filed Nov. 8 ...
Prince Pipes and Fittings Ltd, Apollo Pipes Ltd and Finolex Industries Ltd lagged in Q3 with flat or lower volumes.. (Image: Pixabay) The tide seems to be turning in favour of listed plastic pipes ...
PVC prices have witnessed an increase of ₹24 per kg in the last week, which is positive for the plastic pipe players Supreme Industries, Astral, and Prince Pipes.
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JPMorgan Sees PVC Risks But Stays Overweight On India Pipes; Prefers Astra Over Supreme
JPMorgan has reiterated its Overweight stance on India’s pipe makers despite near-term PVC price risks, citing favorable risk-reward after recent corrections and strong market share gains. The ...
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