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CBI will present the 15th China Oil Trading Conference in Guangzhou |
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| 2014/2/25 |
In 2013, the newly established Shanghai International Energy Trading Center heralds the upcoming of crude oil futures. China's oil market will be further opened up. With this backdrop, CBI will present the 15th China Oil Trading Conference (COTC), on April 9-10, 2014, in Guangzhou, China.
In 2013, China's diesel oil and fuel oil markets suffered a setback due to slowing GDP growth. The diesel-to-gasoline consumption ratio has declined to 1.78 to 1, hitting a new low in recent years. The bunker fuel market was also sluggish. Private oil companies were facing more challenges from policy side: the possibility of taxation on imported biodiesel and alkylation gasoline with continuous improvements in consumption tax policy and the upgrading of oil products' quality in a faster manner which challenges teapot refineries' financial and technical strength.
15th China Oil Trading Conference (COTC) will bring 500+ domestic and foreign market players to find the solutions in 2014. Popular topics to be discussed at the conference include:
China's oil marketization accelerated in the post-Third Plenum period
Which regions and industries will be highlighted in the current economic environment?
Will the potential opening up of crude oil import right stimulate the market initiatives of private enterprises?
What about the prospect of the upcoming crude oil futures? How to hedge through futures and spot markets?
How can oil product enterprises expand sales channels in a surplus market?
How can enterprises respond to the consumption tax?
COTC has achieved sustainable growth for 15 years, and dedicated to bring up-to-dated information and trading service to industry. Part of previous sponsors include: ExxonMobil, BP, Shell, Saudi Aramco, Sinochem, SGX, SK, Bright Oil, CME, and more.
News Source : AsiaToday |
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| Contacts |
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Company : AsiaToday
Country : China
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