2. Long-term contracts:
In order to maintain a stable business relationship with upstream and downstream channels, the company also conducts business by signing annual long-term contracts. The biggest advantage of long-term contracts is to maintain a stable supply of goods, and at the same time, the company can use long-term contracts to make timely deployment which can make the daily business operation more flexible. At present, methanol and butanol are operated in the long term-contract mode, and the combination of futures and long-term contracts are the core business models of Shanghai Bixi Supply Chain Management Co., Ltd.