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27-05 2020
PFY companies enlarged discounts with higher cost

PFY companies enlarged discounts with higher cost, and downstream plants increased purchasing feedstock again, pushing up sales ratio of PFY. Price of PFY slightly rose after stocks decreased, with price of POY, FDY and DTY up by 6.7%, 10.6% and 5.2% respectively compared with end-Apr. Cash flow of

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