Hangzhou sits in one of the most industrialised provinces of China, Zhejiang. The explosive growth in the economy over the past twenty years has resulted in the proliferation of industrial complexes including refineries, petrochemical plants and steel mills, in Zhejiang and neighbouring Jiangsu provinces. It is with this in mind that since early 2016, the central government in Beijing, in conjunction with the local authorities in Zhejiang and neighbouring Shanghai and Jiangsu, have requested enterprises to help play the role of a good host for the string of G20 meetings.
This insight report discusses the ways in which such shut downs will affect the polyester value chain in China, and the likely implications on polyester supply and demand in Asia for the coming months. Use it to sharpen your commercial planning and understand the likely supply/demand patterns that will shape polyester prices into the coming autumn.
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China G20 Insight 18 August 2016.pdf PDF - 448.58 KB
This insight report reviews how the recent G20 meetings will affect the polyester industry in China, where a number of facilities in Hangzhou elected to shut down during the meetings in order to improve the air quality for visiting dignitaries.
For participants, suppliers and advisors who want to take a one-off look at how the geopolitical context will affect polyester supply and demand in China, this report gives you a detailed perspective that helps inform your immediate decision making.
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Insight | Aug 2016
G20 and the impact on China’s polyester chain
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