In the afternoon of February 24,China National Development and Reform Commission formally issued a important Industry news. To adjust the prices of the petrol and diesel with the amount of increase RMB300 and RMB 290 respectively since Feb.25,2013.Industry insiders believe,as a series of costs including consumption tax,people's salary and the oil price going up in the 1st quarter,the production cost of the petroleum resin,hydrocarbon resins and MTHPA and other correlated industry products will be bound to a new round of price adjustment in the near future.
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