17th China Oil Trading Conference 2016
Enmore will hold 17th China Oil Trading Conference 2016 in Beijing on 13-15 April 2016. Started in 2000, COTC witnessed the ups and downs of oil market over the past 17 years. Its organizer, ENMORE (former name: CBI BIZ), provides professional analysis on industry dynamics and market trends as well as real-time accurate market intelligence. With its unremitting efforts, COTC has become one of the most important events in Asia-Pacific oil industry every year. The 17th COTC will be held in April 2016！
Why attend?
Listen to speeches about macro policies, oil market and materials structure; look into the new trend of industry development.
Focus on new business opportunities in the market pattern transformation; 400 Chinese and foreign peers gather in search for business opportunities.
Special promotion, supply-demand communication, business visit and other ways to precisely match customers in upstream and downstream.
Event Highlights
Under the background of global oversupply, 2016 international crude oil price trend
Open of crude oil import leads to the change of market supply and demand pattern
Petroleum enterprises' business opportunities after the open of refined oil export
petrol and diesel prices tendency and pricing mechanism
Raw materials special discussion: C4, BTX aromatics, alkylate, naphtha, MTBE, etc.
Analysis of economic situation and RMB exchange rate fluctuations in 2016
International trade operation and risk control
Background
Global economy slows down in 2015, and possibly will recover slowly in 2016. IMF expects that the world economy will grow by 3.9% year-on-year from 2015 to 2020, slightly higher than the average level in previous five years. In 2016, the world will face risks of the Fed raising interest rates, which leads to intensified commodity price war. Emerging economies differentiation becomes severe and economic growth gets into trouble. China's economy will stay in transition period, and the slowdown growth situation will not be changed.
International oil prices have fallen sharply since the second half of 2014 and hit the lowest record in last six years. Oil prices became more volatile. And world oil market turns from tight supply to excess supply. International oil price presents new feature of keeping low price in medium and long term. Overall, global oil demand growth slows down with annual average increase of 1.7 million barrels/day (2000-2010), 0.8 million barrels/day (2010-2015) and 1.1 million barrels/day (2015-2020).
After the opening of crude oil usage and import rights, China's teapot refineries will be permitted to export refined oil products for the first time in 2016. Sinochem Quanzhou refinery plant got refined oil export quotas, which is the first among tea pot refineries. China begins to permit independent refineries to export refined oil, which means that China accelerated its opening-up in the refined oil market and this is also a big step forward after announcement of releasing the control over refined oil prices in October 2015.
Under this background, ENMORE China will hold "17th China Oil Trading Conference 2016" on 13-15 April 2016, gathering industry elites and studying market change in the international oil industry brand annual conference.
Features
Who will attend
By job title
GM/Managing Director 30%
VP/Vice GM 18%
Marketing Director/Manager 16%
Sales Director/Manager 16%
Procurement Director/Manager 15%
Technical Director\Chief Engineer 5%
By industry
Domestic and foreign oil trader 40%
Teapot refinery 14%
SOE 12%
Government/institute/association/media 10%
Third-party (technology/equipment provider) 8%
Storage and logistics company 6%
End user 5%
Auxiliaries trader 5%
Agenda
Day 1 | 13th April | Wednesday PM
13:00 – 14:30 Registration
13:00 – 14:30 VIP Oil Enterprises Salon (exclusive VIP Meeting Room)
14:30 – 15:30 China blending oil industry
The influence of policy on blending oil industry: consumption tax, pricing mechanism etc.
Technology study on blending oil: component oil, additives, etc.
Speaker: Mr. Ming WEN, Professor, Military Transportation University, Tianjin15:30 – 16:30 Blending oil raw materials market development highlights
Will BTX aromatics consumption tax be scheduled in 2016?
Analysis of naphtha used in blending oil
Content of manganese cuts down in the state standards for motor vehicle emissions in the fifth phase; the advantage of MTBE replacing MMT to raise content of octane
16:30 – 17:30 China and foreign supply-demand matching and negotiation in enterprise show gallery
18:00 – 20:00 Gala Dinner
Day 2 | 14th April | Thursday AM
09:00 – 09:10 Opening Address
09:10 – 09:50 The Federal Reserve raise interest rates; RMB is listed in SDR; commodities are trapped in price war.
The Federal Reserve raising interest rates may intensify commodity price risk
RMB exchange rate fluctuations and the bottom line of central bank intervention in the market is going downwards, whether will continue to depreciate?
Whether China will enter a new round of investment in stock market and housing price in 2016?
Speaker: Mr. Peng FU, President, China Academy of Macro Hedge
09:50 – 10:30 American oil export will depress oil prices further, the possibility analysis of 2016 global energy development.
Relation of American shale oil price and the price gap between WTI, BRENT and DUBAI
Tensions, bombshells and etc. in Middle East, how will it affect international oil prices in 2016?
OPEC production stays the same and oversupply situation unchanged for a long time, how will low international oil price be recover
Speaker: Ms. Pei WANG, Information Planning Dpt., UNIPEC10:30 – 10:50 Coffee Break
10:50 – 11:20 Analysis of international crude oil market and futures
11:20 – 11:50 Panel Discussion –pricing: marketization of refined oil pricing mechanism
Low oil prices threaten refined oil pricing, when will we see a new pricing?
How would a new round of refined oil pricing mechanism be changed?
12:00 – 14:00 Lunch Buffet
Day 2 | 14th April | Thursday PM
14:00 – 14:30 Information sharing of overseas refineries resources
International oil market analysis
Introduction of overseas refineries products resources
Development orientation for China market
Topic III – Refined Oil Exports: Teapot Refineries and Traders Operation Space
14:30 – 15:00 Influence of crude oil import and refined oil export on China oil market
Teapot refineries progress of crude oil import and the demand for crude oil resources
Refined oil export profits and operation process analysis
Relations of crude oil import and refined oil export policy, and its influence
15:00 – 15:30 Analysis of refined oil market and teapot refineries pattern
Oil refining gross profit and stock movements in 2016
Market analysis of gasoline, diesel and coal.
Teapot refineries profit space and pattern distribution
15:30 – 16:00 China teapot refineries demand for resources and import & export operation mode
after permission of crude oil import, China teapot refineries demand for crude oil resources
How to conduct operations of crude oil import and refined oil export
How would China teapot refineries deal with low price oil market
16:00 – 16:30 Oil products quality upgrading, alkylation equipment development steps into a new phase
China accelerated the oil product quality upgrade, how to adjust the proportion of raw materials like alkylation oil?
The state standards for motor vehicle emissions in the sixth phase pushed alkylation equipment development and presents a blowout-growth.
The effects of crude oil structural changes on its cost.
18:00 – 20:00 Dinner Buffet
Day 3 | 15th April | Friday AM
Business or tour visit
Sponsor
For limited sponsor opportunities, please contact Ms. Elay Zhang at +86-21-5155 0814 or elayzhang@enmore.com
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