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Profit margins of PSF producers surge
11 Nov '10
1 min read
Currently price of polyester staple fiber (PSF) has risen to more than 14,000 Yuan per ton without showing intention of stagnation.
This has led to profit margins in production of PSF to rise to a staggering level of over 2000 Yuan per ton.
Among the whole industry chain of polyester, staple seems to have changed from an ugly duckling into a swan overnight, to become the most profitable machine among polyester products.
A large number of idle PSF machineries have been resumed and experts opine that the profit era for staple has arrived.
This has led to profit margins in production of PSF to rise to a staggering level of over 2000 Yuan per ton.
Among the whole industry chain of polyester, staple seems to have changed from an ugly duckling into a swan overnight, to become the most profitable machine among polyester products.
A large number of idle PSF machineries have been resumed and experts opine that the profit era for staple has arrived.
Fibre2fashion News Desk - China
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