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Shares of Chinese plastics firms increase on rising product prices

from The China Post

Shares of plastics firms rose sharply in trading last week and outperformed the broader market on escalating global chemical product prices driven by tight supply, dealers said. A strong showing of the plastics sector lent support to the broader market, which rose after the opening bell but later fell back on the selling of select electronics stocks because of continued worries over the further appreciation of the New Taiwan dollar, they said. more

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