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Key highlights from #IGPetrochemicals Q2 FY23 concall🧪🧪
CMP - ₹537
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CMP - ₹537
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In India, the demand for phthalic anhydride(PAN) is somewhere around 4,30,000 tons to 4,50,000 tons. India imports 6,000 to 8000 tons of PAN every month and in the last quarter it has imported around 25,000 to 26,000 tons
In this quarter, the company has got Rs 19 crore from maleic anhydride(MAN) vs Rs 27 crore in the previous quarter. As the quantity sold remained the same in both the quarters, the realization from MAN decreased from Rs 150/kg to Rs 92-95/kg. The company produces MAN
