NFY prices gain reparative increase, profit margin improving

Although the destocking of NFY was not yet obvious, supply in the last quarter was expected to be low when power rationing rate was normally stricter toward the end of the year. Therefore, under the pressure of rising raw materials and unit consumption costs (after run rate cut), previous low-price sources had significantly reduced. Some products’prices had elevated rapidly, and the margin over feedstock was pulled up to a normal rate, and previous profit-gaining products saw their margin expanded.