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Q1FY16 petrochemical sales drop 17.9% at RIL

28 Jul '15
3 min read


During the quarter, global cotton prices firmed up anticipating a lower acreage and harvest in the 2015-16 planting season, benefiting polyester substitution.

However, Reliance also added that polyester price rise slowed on account of cautious Chinese markets, stemming margin expansion, but integrated producers benefitted from chain economics. (AR)

Fibre2Fashion News Desk - India

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