16th China Hangzhou Chemical Fibre Forum (2017), hosted by CCFGroup, sponsored by HighChem, Schultz Chemical Co., Ltd, Wenzhou Yufeng Chemical Fiber Machinery Co., Ltd, and Xiamen ITG Group Straits Association Commodity Trading Center, was held in March 29-30, 2017. More than 600 participants including polyester feedstock and fiber producers as well as downstream plants, traders and financial institutions attended the forum and heard presentations from CCFGroup, Argus, Sinopec, HighChem, Horizon Insights, BP, Grand Energy, etc.
Keynote speech
Lai Tianming, General Manager of CCFGroup
Mr. Lai on behalf of CCFGroup, warmly welcomed all the attendees. The economy will have opportunities and also face challenges in 2017, given the end of bull market of commodities and the yuan depreciation. In polyester industry chain, some idled PTA plants will restart and coal-based MEG production will increase. Some other topics, including the launch process of MEG futures, OPEC output cut, will also be discussed in this conference.