In order to increase the awareness and ability of plastics companies to use the futures market for price management, last week Shandong Securities Regulatory Bureau jointly organized Dalian Commodity Exchange, Shandong Plastics Association and Shandong Futures Industry Association to organize the Shandong Futures Lecturer Inauguration Ceremony in Shandong Province. Plastics Industry Enterprise Risk Management Summit Forum. Zhu Lihong, deputy general manager of Dalian Commodity Exchange, said that in the first 10 months of this year, the correlation between LLDPE and PVC future prices exceeded 0.93. Some large petrochemical companies are changing their traditional quoting habits and began to adjust their quotes to futures prices. She hopes to use this forum to build an exchange platform for the plastics market, expand the breadth and depth of futures markets for plastic spot companies in Shandong, and help Shandong's plastics companies use both futures and cash markets. Legs walk to make the Shandong plastics industry bigger and stronger. Shandong is a major producer of plastic raw materials and products in China. It is the largest consumer product of LLDPE in China and the largest producer of farmland membranes. It accounts for more than 50% of the country's agricultural film market, and large-scale agricultural film companies with an annual processing capacity of over 10,000 tons. There are 11 PVC companies in the province that have normal production. The total annual production capacity is about 2.61 million tons, accounting for 12.6% of the country. It is the second largest PVC production province in the country. For fresh and healthy fruit- and vegetable juices
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