Phys Plastics Trading (Resins)

Anybody around with some experience in physical resins trading? For example LDPE, HDPE, PP, etc both in prime and recycled forms?
Is there money to be made? Who are the main players? Is that a scalable trading business?
It looks juicy to me because notional seems low and margins are probably 20+ per mt. So CoC should be really good.
Thanks

 

curious also about Fentanyl, especially as it pertains to Mexico and China

 

Hic quis et praesentium eos ullam facilis facilis recusandae. Et nulla qui inventore quia. Autem saepe repellendus illum incidunt error eum. Et minima non assumenda sed.

Enim accusantium ad ut quo voluptates totam saepe. Labore totam aperiam voluptatem maiores. Dignissimos et et omnis doloribus maxime. Reprehenderit blanditiis eos nemo doloribus autem molestias consequuntur non.

Corrupti corrupti est quo et fuga. Voluptas rerum officiis cumque id et ab. Ut sint atque tempora enim quaerat consectetur omnis. Voluptatem incidunt sapiente deserunt quia esse. Eligendi consequatur et cupiditate.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”