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24-02 2023
Cash flow Significantly higher than 2021

Processing spread of PET bottle chip averaged at 1466yuan/mt and $189/mt respectively in 2022 (spread=PET bottle chip price-feedstock cost), obviously higher from 2021 level. However, due to the low cost of energy and labor and the technical update of equipment, the unit production cost of some larg

05-01 2023
Viewed from the cash flow, there was a considerable profit in October to November this year

Viewed from the cash flow, there was a considerable profit in October to November this year, which was benefited from the concentrated efforts of unit maintenance and production reduction. However, the improvement in cash flow also stimulated the restart of some plants under the pursuit of profits,

30-09 2022
Cash flow under pressure, yarns at continuous losses

The high inventory was followed by fund pressure for yarn mills. Thus yarn prices continued to decline, and losses become more frequent. The cash flow turned positive since late Jun due to the drop of cotton price from more than 20,000yuan/mt to 15,000yuan/mt. However, the using of high-priced cotto

28-04 2022
the cash flow loss of PE has expanded

Judging from the current crude oil price, and the cash flow loss of PE has expanded. Based on real-time oil prices, the current PE cash flow is as high as -2000yuan/mt. However, considering that the petrochemical group has oil reserves, the overall loss range has not reached such a high level. But g

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