Actual transactions and profit are very thin
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Actual transactions and profit are very thin

Views: 1     Author: Site Editor     Publish Time: 2022-04-29      Origin: Site

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Actual transactions and profit are very thin

With so much volatility, it stands to reason that there will be huge profit space and trading opportunities, but the market is not like that. Because the oil price fluctuates beyond everyone's expectations, many sellers have worried that the cost will be uncontrollable when the price increases, and have stopped selling for a time. Buyers are more cautious, when the market trend changes, they do not take the goods at all. So in fact, after the crazy half month, there have been very few transactions concluded.

For instance, the highest required price CPL once reached over 14,800yuan/mt in H1 Mar, but in fact, after a round of ups and downs, some spot CPL factories even missed a single order with a price of over 14,000yuan/mt


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