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1. China's Petroleum and Chemical Industry Prosperity Index in April 2023 returned to a normal range.

Author

Gao Jinghui, Li Haiyang, and Sun Guangmei

Subjects
*PETROLEUM chemicals industry, *PETROLEUM, *CHEMICAL industry, *GOVERNMENT debt limit, *REMANUFACTURING, UNITED States economy
Abstract

The article focuses on China's Petroleum and Chemical Industry Prosperity Index, which recovered to a normal range due to expectations of replenishing inventories during the peak season. It discusses that the rebound was driven by the easing of destocking pressure and increased profits in the industry, primarily influenced by cost factors rather than demand.

Published
2023

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