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Currently, there is a mismatch in supply and demand in the chemical industry, leading to weak prices and pressure on profits. However, Jin Yiteng, vice president of the research institute at Kaiyuan Securities and chief analyst in the chemical industry, recently stated in an interview with reporters that with the completion of capacity expansion and the gradual implementation of policies, the chemical industry is expected to transition from focusing on market share to focusing on profits, which may mark the beginning of a new cycle.
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