International News Highlights: Raw Material News - IEA Discloses Details of Oil Stock Release: 400 Million Barrels of Oil to Enter the Market, with Asia-Pacific Member Countries Already in Action Automotive News - BASF, another high-end TPU project p

The escalating Middle East conflict is turning a geopolitical crisis into a systemic supply shock for the global chemical industry as the Strait of Hormuz becomes obstructed. According to Zhuifeng Trading Desk, according to the latest "Force Majeu

According to The Korea Economic Daily, Korean ethylene producer Yeochun NCC (YNCC) has decided to permanently shut down its No. 2 and No. 3 naphtha crackers at its Yeosu facility, reducing the company's ethylene production capacity by 60%. YNCC submi

On February 28, 2026, the U.S. and Israel launched a joint military strike against Iran, causing the Middle East situation to spiral out of control instantly. Within just two weeks, the oil market experienced a thrilling "roller coaster": Brent crud

Recently, executives in the U.S. oil industry have been warning the Trump administration.The energy crisis triggered by the situation in Iran is likely to worsen further.。 According to sources, during a series of White House meetings held on March 11

Overnight Crude Oil Market Dynamics ◎3/13: The conflict between Israel and Iran continues, and the US may increase its military presence, raising supply risks, leading to an increase in international oil prices. NYMEX crude oil futures 04 contract ro

Recently, influenced by the US-Israel-Iran conflict, the main contracts of energy and chemical commodities in the domestic futures market have experienced a surge in limit-up situations. On March 10, international oil prices plummeted, leading to

On March 12, the International Energy Agency (IEA) noted in its latest monthly report that the global oil market is facing the most severe supply disruption in history due to the ongoing conflict in the Middle East. With shipping in the Strait of Hor

As of March 13, 2026, the global polyolefins market remains under severe strain. Polyolefin prices in Europe have risen by 30% compared to pre-conflict levels, by 15% in North America, and by more than 25% on average in Asia. Data source

On March 13 local time, US President Trump announced that US forces had launched a "fierce air strike" on military targets at the Khark island, a key oil export hub in Iran, a move that completely shattered the fragile balance in the Middle East and