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On Aug 17, 2021, the National Development and Reform Commission, China's top economic planning body, rarely and directly pointed out that the energy consumption intensity of 9 provinces and autonomous regions increased instead of decreasing in the first half of the year compared with the same period
In terms of the operating rate, the operating rate of PIY plants decreased dramatically to historic low in Sep-Oct affected by the regulation of energy consumption. By Oct 21, theoretical operating rate of PIY plants dropped to near 53%, only higher than the level in Feb-Mar of 2020 amid the COVID-1
