Basis trading mode like futures

Basis trading mode like futures

First of all, the sales model of PET bottle chip is slightly different from that of other polyester products. Compared with PFY and PET fiber chip, PET bottle chip is mostly sold in advance, and customers basically only need to pay 10% deposit in advance. Due to the large downstream consumption volume, bottle chip factories typically need to take in orders 1-2 months in advance in order to better arrange the delivery rhythm. In this way, in fact, both buyers and sellers can judge whether it is a buying point or a selling point based on the raw material futures trend. At the same time, some manufacturer has also tried out basis trading in the past two years, that is, a monthly premium or discount on the basis of the benchmark price. The suppliers lock the cost of raw materials as they sell, and the buyers can also prepare the goods in advance according to his own judgment on the market. Therefore, as long as the PET bottle chip producer is not too aggressive, breakeven processing spread can at least be guaranteed. In addition, after determining the quantity and price in the early stage, it is easier for the bottle chip manufacturer to adjust its raw material purchasing rhythm and bottle chip sales strategy in the later stage.