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

On March 10, 2026, Wingtech Technology Co., Ltd. (stock code: 600745) issued an announcement regarding the progress of a significant asset sale, disclosing the latest developments in the company's transfer of the target assets to entities related to

Recently, the thermoplastic polyurethane (TPU) production facility in Shanghai, BASF, is now qualified to produce Elastollan® FR TPU, and can supply the full range of flame retardant solutions including Elastollan® FHF and Elastollan® FR specificatio

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 data from S&P Global Energy’s Platts, global polypropylene (PP) prices have risen across the board since March, driven by the outbreak of hostilities in the Middle East. According to Platts, the price of polypropylene homopolymer in

German mechanical engineering manufacturer Arburg GmbH + Co. KG announced that, due to economic uncertainty and volatility in the trade environment, it has decided to postpone its planned production expansion in the United States. The company's CEO V

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

As the routine promotion of centralized procurement for medical consumables continues, regional alliance procurement is continuously reshaping the market landscape. Recently, the Beijing-Tianjin-Hebei Joint Medical Products Procurement Platform rele

IT Home reports on March 14th, since the beginning of this year, the changes in the US electric vehicle market have caught traditional car manufacturers off guard. The shift in policy environment and cooling demand have forced many car manufacturers

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

Today’s PVC Market Brief According to ZHUANSHU Vision statistics, as of 11:00 a.m. on March 16, PVC markets across China were mostly rising, with 100% of market quotations increasing—up by as much as RMB 220. Currently, the quotation for Dongfang Hop

Today's PS Market Brief: According to Plastic Vision Statistics, as of 11:00 a.m. on March 16, PS markets across China remained stable with some declines. 67% of the market quotes remained stable, with the highest drop at 200 yuan. Currently, the quo

Today's ABS market brief: According to Zhuansu Vision statistics, as of 11:00 a.m. on March 16, ABS markets across China showed mixed price movements. 0% of market quotations rose, 0% declined, with the highest increase at RMB 470 and the largest dro

Summary: March 16, new prices in the East China region's recycled plastic market! The East China recycled market remains stable for the morning session.Recycled PE in Shanghai is quoted at 3,300–5,400; in Shandong, recycled PET is quoted at 4,200–4,4

Summary: Morning prices for the recycled plastics market in South China on March 16! The recycled plastics market across South China remained stable overall. In Guangdong, recycled PE was quoted at 3,800–5,500 RMB/ton and recycled PP at 5,500–5,900 R

Summary: On March 16, the morning prices of the recycled plastic market in North China! The recycled market in North China is stable, with recycled PE in Hebei reported at 3700-6200 and recycled PP at 2900-5650, and recycled PE in Liaoning reported a

Recently, Xpeng Huatian completed a new round of equity financing worth nearly 200 million U.S. dollars, with well-known institutions such as Hillhouse Capital, Sequoia China, GaoRong Capital, and Dacheng Capital participating in the investment. Amon

According to Caixin, on March 16, the National Bureau of Statistics released data showing that in the first two months of the year, the total retail sales of consumer goods reached 8.6079 trillion yuan, an increase of 2.8% compared to the same period

On March 16, the morning prices of the Jiangsu polyolefin market! PP showed local fluctuations, with some prices rising and falling by 50-150, the highest increase being 230; PE saw fewer increases than decreases, with some prices falling by 50-300,

Summary: Zhejiang Polyolefin Market Early Price on March 16! PP fluctuated locally, with some rising or falling by 50-300, the highest increase of 500; PE rose more than fell, with some rising or falling by 50-300, the highest increase of 500, the hi