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Industry updates and frequently asked questions

  • March 3 Plastics Market Forecast
    2020-03-03Industry News

    Driven by OPEC production cuts and central bank measures, international crude oil futures rose more than 4% on Monday, reversing an intraday slump to multi-year lows. The April WTI crude oil futures contract rose $1.99, or 4.5%, settling at $46.75 per barrel. May Brent crude oil futures rose $2.23, a gain of 4.5%, settling at $51.9 per barrel. Yesterday market prices were broadly stable with minor moves. Linear futures moved higher, traders were wait-and-see at the start of the month, mostly based on

  • [Crazy] A Fourth Round of Increases of 200, Cumulative Rise in Packaging Paper 1,200 Yuan/Ton?! Be Cautious About the Later Trend
    2020-03-03Industry News

    After Nine Dragons raised prices for the third time last week and the market basically completed the third round of increases, this week a paper mill in Zhejiang officially fired the first shot of the fourth round. Immediately many small mills followed suit, and the cumulative increase has exceeded 1,200 yuan, with panic continuing to spread across the industry. According to Zhuochuang Paper statistics, the current price of corrugated paper has broken 4,300 yuan/ton and containerboard has broken 5,300 yuan/ton, and short-term paper prices still have upward momentum. The short-term market remains crazy, but the market will eventually return to rationality; the industry is reminded to

  • Providing Booths in the Food Processing Equipment Pavilion of the 2020 Shanghai SIAL China Exhibition
    2020-02-20Industry News

    2020 Shanghai SIAL China Exhibition, 2020 Shanghai International Packaging Exhibition, 2020 Shanghai Food Packaging Exhibition, 2020 Shanghai SIAL China Food Packaging Brand Pavilion, 2020 Shanghai Beverage Packaging Exhibition, 2020 Shanghai Packaging Design Exhibition. SIAL CHINA 2020 The 21st China International Food and Beverage Exhibition (Food Utensils and Food Processing and Packaging Equipment Pavilion). Time: May 13-15, 2020. Venue:

  • Wenzhou Packaging Federation: 611 Above-Scale Enterprises Achieve Annual Total Output Value of Over 40 Billion
    2020-01-14Industry News

    On January 8, 2020, the Wenzhou Packaging Federation held the second meeting of its seventh membership congress, taking stock of the city's packaging 'harvest', changes and highlights in 2019. In 2019, Wenzhou's packaging industry showed frequent highlights in transformation, upgrading and innovation, and it is estimated that the 611 above-scale enterprises in the city's packaging industry achieved a total annual industrial output value of more than 40 billion yuan. According to data provided by the Municipal Bureau of Statistics, from January to November 2019, the city's packaging output

  • January 14 Plastics Market Forecast
    2020-01-14Industry News

    As Middle East tensions eased, investors shifted their focus to lackluster seasonal demand, and international oil prices fell more than 1% on Monday. February WTI crude oil futures fell $0.96, settling at $58.08 per barrel. March Brent crude oil futures closed down $0.78, settling at $64.2 per barrel. Yesterday the market continued a steady-to-weakening trend. Linear futures moved upward; currently petrochemical producers kept prices stable, traders' sentiment fluctuated little, and traders held a wait-and-see attitude

  • January 10 Plastics Market Forecast
    2020-01-10Industry News

    As the market's focus shifted to the increase in US crude oil inventories and concerns about the US-Iran conflict eased, international crude oil futures fell further on Thursday after the previous day's sharp drop. The February WTI crude oil futures contract closed down $0.05, or 0.1%, settling at $59.56 per barrel. Brent crude oil futures fell $0.07, or 0.1%, settling at $65.37 per barrel. Yesterday the market atmosphere was poor, with prices mixed. Linear futures move[d]

  • Changchun International Plastics, Rubber and Packaging Industry Exhibition NPC
    2020-01-09Industry News

    Exhibition time: 2020.03.25 ~ 2020.03.27. After years of effort, Changchun Haochuang Exhibition has accumulated nearly 200,000+ precise buyers across the three northeastern provinces, from industries including the automotive industry, manufacturing, pharmaceuticals, agriculture, aerospace, the electronics industry, petroleum and chemicals, and organizes industry delegations from Northeast Asia to visit. It strives to build a platform for exchanges and cooperation for exhibitors. As [an exhibition supported by] the Changchun Municipal People's Government, the China Plastics Processing [Industry Association]

  • 2022 Beijing Catering Food Ingredients and Additives Exhibition - China Condiment Exhibition
    2020-01-08Industry News

    'Technology ** "Food" Fashion'. 2022 The 19th Beijing International Food Additives and Ingredients Exhibition. Time: May 31 - June 2, 2022, Date: May 31-Jun 2, 2022. Venue: China International Exhibition Center (No. 6 East Beisanhuan Road, Chaoyang District). CF Beijing International Food and Catering Expo was founded in 2002 and has been successfully held 18 times, becoming a well-known international grand [event] in China's food and catering industry

  • 2022 National International Food and Beverage Intelligent Manufacturing Exhibition
    2020-01-08Industry News

    2022 The 19th Beijing International Food and Beverage Intelligent Manufacturing Exhibition. Time: May 31 - June 2, 2022, Date: May 31-Jun 2, 2022. Venue: China International Exhibition Center (No. 6 East Beisanhuan Road, Chaoyang District). CF Beijing International Food and Catering Expo was founded in 2002 and has been successfully held 18 times, becoming one of the well-known international grand events in China's food and catering industry. Over nearly twenty years

  • January 7 Plastics Market Forecast
    2020-01-07Industry News

    As US-Iran tensions continued, Brent broke through the $70 mark at one point during the session, but the market felt that the subsequent development of the Middle East situation remained unclear, and oil price gains ultimately narrowed. The February WTI crude oil futures contract closed up $0.22, settling at $63.27 per barrel. Brent crude oil futures closed up $0.31 at $68.91 per barrel. Yesterday market prices adjusted slightly and the market atmosphere remained wait-and-see. Affected by the US-Iran conflict, linear futures fluctuated widely

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