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11-09 2019
It is very hard for CPL plants to yield in prices further

3. CPL profitIn the above chart, CPL profit margin based on spot benzene cost has been condensed to around 200-300yuan/mt, close to the rate in mid-Jun 2019, when CPL price was as low as 11,300-11,500yuan/mt. It is very hard for CPL plants to yield in prices further.Based on all the factors stated,

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