Bulletin Updates

RIL improves margins but the shoe pinches for the downstream processing industry – 23 Jan 2021

Jan 23, 2021

RIL sees higher volumes in Q3, 2020-21 on the back of higher sales of petrochemicals

Also, the company shifted product placement from exports to domestic market

Both margins and prices improved

Clearly, the pressure came on the downstream processing industry which had to battle both high feedstock prices and sticky end markets in the aftermath of COVID-19

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