2021 has not been an easy year for some chemical companies – 31 Jan 2022

82021 has been a difficult year for some reasonable sized chemical players in India

Input costs would continue to increase in Q4FY22 and feedstock and logistics costs will also remain high

Prices will be hiked to pass on inputs cost rise (international players are also implementing price hikes)

However, a rise in indirect costs in the form of energy/logistic would not be fully passed on to end customers and thus margin in percentage terms would see improvement when inflationary pressure recedes