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PSF has moved all the way down since mid-Jun amid
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PSF has moved all the way down since mid-Jun amid

Views: 0     Author: Site Editor     Publish Time: 2022-08-31      Origin: Site

PSF has moved all the way down since mid-Jun amid the decline of crude oil and recession of demand, with PSF futures dropping from above 9,000yuan/mt to below 7,000yuan/mt with a decrease of 2,400yuan/mt and spot PSF sliding less by 1,400yuan/mt due to low inventory. Thus, the gap between spot PSF and PSF futures gets increasingly wide

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