“Asian export prices of bottle-grade PET are expected to rise in May on stronger demand and higher feedstock costs.”  – 16-22 April 2007, ICIS Chemical Business
 
Supply of PET has remained at a high level and majority of the resins continued to be exported to Central Eastern Europe (CEE)/Russia and the Americas regions.  However, with these regions embarking on an expansion trail, there are downward pressures on Asian exports.  Where will the supply hence go to?  And in Asia, where are the remaining opportunities for PET producers?
 
Supply chain issues also top the concerns for producers.  What are the cost-effective measures for inland polymer transportation and logistics?  How will container freight rates fare in the coming years as demand continues to soar amidst increased international trade?  With anti-dumping issues getting more attention, producers will have to also tread the export strategy more carefully.
 
“The Asian contract price for Paraxylene (PX) in April settled at US$1,100/tonne… instead of US$1,080/tonne…”  – 16-22 April 2007, ICIS Chemical Business
 
On the other hand, producers’ positions are exacerbated as raw material situations tightened and prices settled at a higher than expected level.
 
Growth in APET sheets in Asia has registered good performance in the past two years, as demand from the food and electronic sectors strengthened.  What opportunities underlie in this sector?  A leading packaging company will also talk about its latest innovations on packaging.
 
Overall, the Asia PET industry faces ever more challenges.  How will the industry shift?  CMT’s annual PET Markets to be held on 10-11 Sept in Shanghai will uncover more facts.  Conference highlights include:
 
• Focus on: China, India, Middle East/Africa & Russia
• Competitive strategies of Chinese PET producers in the global marketplace
• Shift in Supply Chain Management model for Polymers
• Cost effective solutions for shipping & logistics
• Antidumping measures for PET & impact on global trade, business decisions & developments
• APET Sheets markets development & opportunities
• Latest innovations on packaging and PET recycling situation
 
Don’t hesitate!  Sign up with your team now and gain first hand information about the industry.  The conference also provides good networking ground to re-establish your contacts.