In the second half of April, Fluoroelastomer (FKM) prices stayed stable in the global market. Steady demand from downstream industries helped keep the FKM market balanced, while manufacturers maintained consistent supply levels. This combination of healthy buying interest and stable production meant there was little pressure on FKM prices to move in either direction.
In the asian market particularly India, the FKM price stability in supported by the positive demand from the downstream market. Additionally the domestic FKM manufacturer is witnessing positive demand and volumes from the regional and the overseas market thereby supporting the price stability in the region. From the manufacturer’s front, Gujarat Fluorochemicals Ltd (GFL) remains optimistic about the future of its core businesses despite earnings missing analysts&#xx; estimates in QxFYxx. The Fluoropolymers segment recorded year-on-year growth, while the Bulk Chemicals segment was marginally higher. Although the Fluorochemicals...
