the trading atmosphere in the market is actually polarized
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the trading atmosphere in the market is actually polarized

Views: 0     Author: Site Editor     Publish Time: 2021-12-24      Origin: Site

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At present, the trading atmosphere in the market is actually polarized. On the one hand is the procurement competition between the downstream large buyers, and on the other is the downstream small and medium-sized customers shouting at a loss. Many sheet customers turn to purchase PET leftover material, recycled PET chip and bright chip instead. Traders who sold too many short orders in early stage were also heard choosing to terminate the contract. For small and medium-sized customers, producing on spot purchases now may not be a bad thing. This part of customer's own consumption is not large, speculative opportunity to buy at a low price also exists. Because most of the contract orders will flow to traders, and polyester raw materials also move in line, the polymerization cost will not be very high in the future. So even if factory supply is tight next year, source from traders that sign contract with factory is a relatively good choice. This is, of course, based on the fact that there are no accidents in 2022.

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