Current Location： Home > News > Exhibition Information > Huanyi World attended 2022 China Pure benzene and styrene upstream and downstream industry conference

[Exhibition Information]：Huanyi World attended 2022 China Pure benzene and styrene upstream and downstream industry conference

Read： 720 Time：28months ago Source：

On August 8-9, 2022, the 2022 China Pure Benzene and Styrene Upstream Industry Conference co-sponsored by Shanghai Clearing House and hosted by Shandong Zhuochuang Information Co., Ltd. was successfully held in Guangzhou, Guangdong. Nearly 200 mainstream manufacturers, traders, downstream factories and third-party institutions from the pure benzene and styrene industry chains gathered together to focus on the global macroeconomic outlook for 2022, the impact of the dual-carbon dual-control policy on the aromatics industry, and the current aromatics industry. The main contradictions and follow-up development of the industry, the analysis of the demand for pure benzene and styrene in the development of the home appliance industry, and how to achieve refined risk management through financial tools and other hot topics were shared and discussed.

The person in charge of the platform of

Chemical Exchange World

attended the meeting. The person in charge at the meeting also exchanged views on the development trend of the industry and contributed to the development of the supply chain industry in the chemical industry.

during the meeting, Chu Jiewang, head of the energy and chemical business of the three departments of the Shanghai Clearing House, delivered a speech entitled "Shanghai Clearing House's centralized commodity clearing business helps the aromatics industry to be stable and far-reaching. He first introduced the Shanghai Clearing House and the central counterparty clearing business of commodity derivatives, and explained the characteristics of chemical swaps, wind control, business processes, etc., and then focused on sharing the hedging, arbitrage scenarios and cases applicable to RMB styrene and pure benzene swaps.

上海清算所业务三部能化业务负责人储节旺.png

In addition, he specially introduced the commodity clearing and settlement business, which provides large-scale real-time, standardized and efficient fund clearing and settlement services for entity enterprises through docking with compliant commodity spot platforms and joint commercial banks, forming a closed loop for the safe delivery of funds and goods, effectively cracking the pain points of entity enterprises and helping to build a good industrial ecosystem. Since its launch in March 2021, it has been liquidated nearly 510 billion yuan, with a cumulative delivery volume of more than 88 million tons, and nearly 2 or 900 enterprises in the chemical, non-ferrous metals and rubber industries. In June 2022, the clean-up supply chain financial services were successfully launched, and the online supply chain financial services based on the real trade background, mainly based on property rights and value of goods were constructed to solve the problem of financing difficulties and expensive financing for small and medium-sized enterprises and empower the innovative development of the supply chain of the industrial chain.

at the end of the, he introduced the development plan of the energy and chemical business sector of Shanghai Clearing House, and proposed to gradually extend from chemicals to oil and new energy, while promoting the combination of derivatives business and spot business. During the meeting, Chu Jiewang and the participants discussed the chemical swap business and commodity clearing business.

under the background of repeated epidemics and volatile international situation, the prices of pure benzene, styrene and even energy products fluctuate sharply, and the uncertainty of industrial development increases. In this regard, the Shanghai Clearing House will continue to uphold the purpose of finance for the people, on the basis of expanding the energy derivatives business, combined with the commodity liquidation business, through the current linkage, to build a comprehensive service system, including supply chain finance, to help the energy industry to stabilize and far-reaching.

Previous： The 16th Shanghai International flame retardant material Technology Exhibition and Summit Forum (CFRS 2022)

Next： Hua yi tianxia participated in 2022 Shandong Longzhong Information Technology Co., Ltd. Phenol ketone & Epoxy Resin upstream and downstream industry summit forum

News Categories