: Oct 14, 2020 - Oct 15, 2020
: Virtual Conferences,Singapore
Changing Trade Flows Amid Excess Capacities & Economic Uncertainty!
Due to the coronavirus pandemic and its related travel restrictions we are transforming into a Virtual 17th Phenol/Acetone & Derivatives Summit. Be assured the virtual event will deliver exceptional content with our Leading Global Industry Panel. It is even more vital we continue to connect during these challenging times !
COVID-19 has disrupted global economic growth across all industries including the Phenol/Acetone & Derivatives sectors. However, the crisis not only negatively impacted the downstream market but also created new opportunities. Find out more.
As countries announced monetary and fiscal stimulus measures to revive economic recovery, thereafter, would see a proliferation of antidumping duty to protect domestic businesses. China’s Ministry of Commerce announced on 8 June, a five-year extension of anti-dumping duties on acetone imports from Japan, Singapore, South Korea and Taiwan. The duties are set at 4.3-12.1% for imports. The move comes amid strong acetone prices since April, mainly because of high demand for isopropanol (IPA), a key raw material for disinfectant production.
: Mimi Berro