At the “2012 China Plastics Industry Conference”, participants in the petrochemical industry gave positive comments on the achievements made by LLDPE, PVC, and other futures varieties in serving the real economy and providing a good hedge tool for the industry chain. At the same time, industry sources also call for more marketable petrochemical futures to be listed for trading in the context of the continuous development of the domestic futures market.

“Since the two LLDPE and PVC futures varieties have been listed, petrochemical companies have become more closely connected with the futures market. Using the futures market to avoid risks has become an option for more and more petrochemical companies.” Zhao Jungui, Vice President of China Petroleum and Chemical Industry Federation It said that from January to April of this year, the petrochemical industry's exports amounted to 530 million U.S. dollars, an increase of only 4.2% year-on-year, a record low for the past two years. From January to March, the entire industry suffered losses. He said that companies at all levels in the petrochemical industry should speed up the learning of various tools in the modern market, understand the futures market, effectively use risk hedging tools, and truly improve the overall management and operation level of the company.

“After the launch of plastics futures, a large number of users, including distributors and downstream companies, actively participated in transactions and made positive contributions to the balanced development of the industry.” Wang Shicheng, vice president of the China Light Industry Federation, said that the international crude oil prices have been ups and downs for enterprises. Bringing great risks, we should further increase publicity and guide more companies to resolve risks through futures and promote the healthy development of the plastics industry.

Flat Bag On Sheet

HDPE or LDPE Flat bag on sheet is with bottom heat sealing. It is an easy packaging option for products or foods.

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