uncharted4crashingpc| Satellite Chemical (002648.SZ): Ethane procurement adopts long-term supply guarantee agreement, and pricing follows the market
Gelonghui April 18 丨 Satellite Chemistry (002648uncharted4crashingpc.SZ) said on the investor interaction platformuncharted4crashingpc, the company uses a long-term guaranteed supply agreement for ethane purchases, and the pricing follows the market. Generally speaking, the decline in natural gas prices in the United States will drive ethane prices to follow suit, reducing the company's raw material costs. The company has established a relatively complete procurement mechanism and internal linkage system to make decisions around maximizing the company's interests. It has accumulated rich procurement experience over the years.