Chemical fiber materials are heavily dependent on the international market at the 11th International Chemical Fiber Conference, China Chemical Fiber Industry Association, said Zheng Zhiyi, director of chemical fiber materials has always been China's chemical fiber industry and restrict the operation and development of the main factors. For example : polyester raw materials PTA and MEG import 400,000 tons of PTA in 1995, the amount of 460 million U.S. dollars. in 2004 imported 5.73 million tons, the amount of 4.17 billion U.S. dollars. 10 doubled in the past four years made. MEG imports 25,000 tons in 1995, the amount of 130 million U.S. dollars to import 3.4 million tons last year. the amount of 3.05 billion U.S. dollars. Made more than doubled in the 10 years 4. Fiber raw materials and fiber raw materials dependence on the international market increased to 1999, PTA reached 56.4% MEG reached 77.8%, 66.4% achieved CPL, cotton linter AN reach 31.1 23.2 100% wood pulp. International trade in these species of the world's total trade volume exceeded 10% of the same species, some 40% and 50%, Thus, the domestic and international markets highly connected, and the market changes imagine. Chemical fiber materials contained enormous risk Zheng Zhiyi said that China's chemical fiber materials in addition to rely heavily on imports, also contains great risks. PET polyester industry is a very great extent depend on the operational and economic benefits of the international market of raw materials in Indonesia judgment and operation definitely gambling. Last year, imports of chemical fiber materials only because the chemical fiber industry-wide increase in the price of raw materials costs increased by 37.4 billion yuan. increased 14.8 billion yuan from January to August this year. In the chemical fiber materials transactions, the excessive concentration of suppliers and buyers too scattered to 2004 as an example. PTA 16 vendors, purchasers as many as 345 vendors ;MEG 13, 220 buyers. The asymmetric transaction, provided ample room for speculation and speculation. These transactions reflect market conditions. PTA and MEG from the China market in 1993 to this year's strong price oscillations big margin for the industry suddenly exclaimed. Fundamentally solve the problem of chemical fiber materials analysis, said Zheng Zhiyi, causing chemical fiber materials constraints are not effectively address the root causes of long-term "market is not fully competitive." petrochemical project "excessive administrative procedures for examination and approval." Departments from the system, a mechanism to address. First, stabilizing international procurement channels : not so much the short-term solution to the shortage of raw materials. For quite a long time will have to continue to rely on the international market. Explore the feasibility of fiber raw materials futures markets, to play the futures market "price discovery" and "to avoid the risk of" function realized hedging, effectively ease the spot market price fluctuations, can also control the impact of exchange rate fluctuations on the chemical fiber industry. Second, the accelerated pace of development : The state of the domestic raw material resources to support the development of the upstream industry. published in 2004 "reform of the investment decision", as only PTA and MDI of approval. Other record-keeping system; Whether or record has greatly simplified the approval procedures will be set up. strictly different from the past "administrative approval"; "Foreign Investment" and "Guiding List of Industries for Foreign Investment" to the extent that approved the creation of a more convenient way. The government also encourages domestic chemical fiber enterprises "going out", joint ventures or wholly-owned building materials enterprises, chemical fiber industry has enough foreign investment to the "capital" and technology, the basic conditions for trade in services. Third, control the excessive growth of chemical fiber production and curb demand growth for raw materials on May 11, 2004. China's chemical fiber industry starting the "China Chemical Fiber Industry investment in early warning systems," and played a good role. Indonesia will also closely follow the Association study, timely for the country, proper adjustments to the macro-control measures for these industries to provide the scientific recommendations.