1. This firm is a price taker.

2. China is always the price taker not price setter.

3. Price taker is forced to accept the market price.

4. China, as a price taker, is building inventories betting on crude prices to gain.

5. However, China has not won the pricing right corresponding , just price taker.

6. In terms of the company's scale and market share in the market, it will compete as a price taker or a price maker.