Plants reserved low-priced feedstock earlier

Plants reserved low-priced feedstock earlier
During the production, producers usually have reserves of feedstock and use feedstock prepared days earlier. Product prices are rising rapidly recently, while the current production cost based on feedstock average price in last 10 or 15 days is relatively low, therefore, high cost pressure gets relieved. In addition, the value in product inventory due to weak sales after the holiday, also increases with price rising