Unit: RMB/ton
| Product | Current Period | Previous Period | Change Value | Change Rate | Next Period Trend |
|---|---|---|---|---|---|
| Industrial Aromatic Solvent | -91 | -39 | -52 | -133.33% | ↓ |
| C9 Thermally Polymerized Petroleum Resin | -228 | -164 | -64 | -39.02% | ↑ |
Data Source: Chempricehub Information
During the current period, downstream profits in the pyrolysis C9 industry chain declined across the board. For industrial aromatic solvents, the weekly average prices of both the product and raw materials rose compared to the previous week; however, the increase in product prices did not keep pace with that of raw materials, resulting in an overall decrease in profit margins on a week-over-week basis. Similarly, for C9 thermally polymerized petroleum resin, the weekly average prices of both the product and its feedstock (pyrolysis C9) increased relative to the previous week. Yet, as the price hike for the resin was less pronounced than that for the raw material, theoretical profit margins also contracted week-over-week.
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