Elite Color: There is an upward trend in the prices of related raw materials in the future, and the prices of the company's products will also increase

Elite Color stated during an institutional research that on October 29th, the Ministry of Industry and Information Technology will hold a symposium on the development of purified terephthalic acid and bottle-grade polyester chips, mainly to prevent and resolve the "involution" competition in purified terephthalic acid and bottle-grade polyester chips, and to propose policy recommendations for promoting stable operation of the industry. In the future, there is an upward trend in the prices of related raw materials, and the prices of the company's products will also rise accordingly, which will improve the company's profitability