According to the information released by the organizing committee, the annual grand event in the plastics industry - China Plastics Industry Conference (CPIC) will be held in New Century Hotel Xiaoshan, Hangzhou on May 27, and the theme of the conference is “plastics futures serving the industry in the background of economic growth slowdown”.
Since last year, the economic situation in the United States and Europe has showed a moderate recovery but with substantial uncertainties, and the domestic economic growth has slowed down with more severe pressure of industrial restructuring. But in the plastics industry, as the packaging film, agricultural film, injection molding products and other downstream products are more closely related to the consumption and improvement of life, the demand for plastics has always maintained the high growth trend and the prices of the plastic raw materials have broken away from the downturn in the past two years to pick up again. In this situation, the conference will compare notes on the analysis of China’s current macroeconomic situation and the outlook, the trend of world energy prices and the impact on the chemical market, the operation and development of the futures in the plastic sector, the service for the industries under the new situation and other topics, and the representatives from government departments, industry associations, the chemical industry, the futures companies and other fields will attend the conference.
An official of the organizing committee said that on the basis of the operation of the LLDPE and PVC futures, the PP futures product was successfully listed on Dalian Commodity Exchange (DCE) on February 28. The system of the petrochemical products has been further improved and developed, the operation of the petrochemical futures market has been more closely linked with the macroeconomic development and the investors have been more active in participating in the plastic futures, which has drawn more attention to the conference on the market. At the conference, DCE will facilitate the exchange of the enterprises’ experience in risk management, give in-depth interpretation of the trading rules and system of the PP futures and the cross-products arbitrage and other trading strategies, and help the industries and investors understand the brand delivery system of the PVC futures. He also said that the conference will strictly adhere to the thrifty, pragmatic and efficient principle, continue to consolidate the brand of the conference and build the important bridge and the high-end market service platform between DCE and the member units and industrial enterprises in information sharing, communication and exchange.
Since 2008, DCE, China Petroleum and Chemical Industry Federation and China National Light Industry Council have successfully organized six sessions of CPIC. With concerted efforts, the conference has become the most well-known and influential high-end conference brand in China’s plastic and the related industries.