How Can Synthetic Fiber Producers Digest Cost Pressure

July 2006
China Chemical Reporter;7/26/2006, Vol. 17 Issue 21, p23
Trade Publication
The article discusses the market pressure prevalent among the synthetic fiber producers due to the rise in oil prices. The oil price has reached more than US$70 per barrel since the second quarter of 2006. The increasing oil price has led to a considerable rise in the price of synthetic fiber raw materials. The rising prices of raw materials has decreased the profit margin of the synthetic fiber producers.


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