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Macro

Argon prices surge over 240% since May

Argon prices in China have jumped over 240% since early May, reaching 2,459 yuan/ton as of September 2, up from 720 yuan/ton. The rally accelerated in July-August, with sharp daily increases in some regions. Listed firms such as Chendian International, Qiaoyuan, Hangyang, Zhichun and Jinhong Gas have argon-related businesses.

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