The chemical industry is experiencing low prosperity, and companies in the supply chain are strengthening risk management through futures tools
In the recently concluded year of 2024, the prices of chemical products showed an overall downward trend, with products such as PVC and ethylene hitting new lows not seen in four years, leading many companies in the industry chain to face the dilemma of increasing revenue without increasing profits. In the face of the industry's winter, more and more chemical companies are proactively strengthening their mastery and application of futures tools to enhance their risk management and response capabilities
