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PET film profit margin hikes in drastic in Q4

Author: CCFGroup.com    Time:Dec 30 2016 3:05PM

PET film price and profit margin has been stuck in the doldrums for years, pressured by a spate of capacity expansion. Part of the chip spun capacity was squeezed out. But entering 2016, market witnessed a round of rally. Particularly in Q4 when PET film price soared, as crude oil and bulk commodities markets surged and factory stock level reduced. Profit margin of PET film also witnessed substantial improvement. ...
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