China Plastics Industry Conference 2011 was held in Ningbo

June 1, by the DCE and the China Petroleum and Chemical Industry Association jointly organized Ningbo Plastic Industry Association as the organizer of the "2011 China Plastics Industry Conference" was solemnly held in Ningbo. General Assembly under the new situation plastics industry trends and companies respond to the theme, analysis of the current complex economic context of the development of plastic industry, the new situation, the exchange period is the current corporate business strategy, and the spot market and industry trends for the outlook. NBS chief economist Yao Jingyuan, Ningbo Municipal Committee, vice mayor Yu Hongyi, China Petroleum and Chemical Industry Association vice president Zhao Jungui, general manager Liu Xingqiang Dalian Commodity Exchange, China Securities Regulatory Commission Qi Bin, director of Research Center, China Securities Regulatory Commission Futures monitoring a deputy inspector Liu Yunfeng, attended the meeting and speak the same day, Deputy General Manager Guo Xiaoli DCE hosted the opening ceremony. On the day of the General Assembly speech, Liu Xingqiang presented LLDPE and PVC futures market development, pointed out that plastic futures to the industry brought about positive changes in futures prices become an important reference, quotations used to gradually change the industry, companies involved in the use of futures markets increasing scope, continues to deepen, futures-related business to become an effective tool to hedge, changes in the way that business. China Petroleum and Chemical Industry Association, Zhao Jungui in his speech described the development of the petrochemical industry, said the current use of petroleum products futures price, risk control function has become reasonable arrangements to guide petrochemical production activities, an important guard against market risks means, and further development of the modern market instruments such as futures markets, improve the operation of petrochemical products market system efficiency for the industry to speed up transformation of economic development made specific recommendations to provide protection. China Securities Regulatory Commission Liu Yunfeng, deputy inspector of futures regulation in a speech described the development of the domestic futures market, that the linear low density polyethylene and polyvinyl chloride futures market has two varieties, variety matures, has become more distinctive variety of chemical, petrochemical futures in service-related industries are playing an increasingly important role. Ningbo Municipal Committee, vice mayor Yu Hong-Yi said in his speech, Ningbo has a "China Plastics City" title, the plastic industry is the traditional industries of Ningbo, Ningbo is the key support and priority to the development of the industry, the current structural adjustment in the plastic industry , transformation and upgrading of key stage, the need for effective use of futures tools to enhance the level of industry operations, and improving the ability to cope with risks, and promote energy futures markets play a stable and healthy hair and plastic industries in the morning's keynote address, National Bureau of Economic and Shi Yao interpretation of the "five" macro-economic analysis of the situation and development perspectives; Singapore Navier Das Resources Chairman Tom James on the post-crisis era of the global oil market analysis; China Securities Regulatory Commission Qi Bin, director of the Center on China How to boost the capital market, gave a special presentation of economic restructuring; before, director of China Light Industry Information Center, China Light Industry Association, on behalf of large temporal and the DCE group at the meeting issued the "2010 China's plastics industry report." In the afternoon, the Assembly divided polyvinyl chloride, polyolefin two sub-venues for the Xinjiang Tianye (Group) Co., Ltd. Chairman Guo, Britain and Thailand may Wing global chlor-alkali Chemical Co., Ltd., PVC consultant Xu Peng, Zhejiang tomorrow Holding Group Co., Ltd. Han Xinwei and Platts Energy Market Information Cai Shuping, deputy editor of Asia, China Chemical Industry Economic and Technical Development Center Deputy Director Yang Ting, etc., related industries, processing, import and export trade, consumption trends and current business strategies published speech, and the futures industry from industry experts, the responsible person through polyvinyl chloride, polyolefin thematic forums of the two main areas of business development and the use of futures markets conducted in-depth exchanges. On June 2 in the morning's agenda, there will be from the China Light Industry Information Center, Goldman Sachs Group and the leading enterprises of plastic spot and futures companies charge on plastic and petrochemical-depth analysis of market trends, and the new situation "assets configuration and risk management "thematic forum. It is understood that the General Assembly, and the futures industry has been the enthusiastic response profession, relevant domestic ministries, provinces and municipalities related to petrochemical plastics industry associations and domestic and foreign business representatives, the United States, Britain, Japan, India, Singapore, Iran and other foreign experts and on behalf of investors in futures and futures companies and representatives of the participants, including Sinopec, PetroChina, CNOOC and other business representatives, including the spot more than 300 delegates attended the meeting.