Current PAN & OX prices attached below. Spreads seem to be very high because PAN prices are increasing whereas RM(OX) prices are flat
Thanks for you data.
This stock can do very well
Being duopoly in India along with Thirumalai
can you pls post the latest chart of PAN & OX spread?
Any one tracking IG Petrochem. Today there was a 20% jump in prices.
In August 2021, the government of India imposed anti-dumping duty in August on the PAN.
Rating of company upgraded by Ind-Ra in Oct 21
Current price is 685. Looks attractive.
Note : Invested at 635