Toyota's First-Half Sales Surpass 5.54 Million Units, Hitting a New High in 3 Years; BASF's Q2 Profit Plummets Year-on-Year

International News Guide:

Policy News - No rate cut? The Fed may face the loudest "opposition" in over 30 years!

Raw Material News - World Plastics Council Calls on Plastics Treaty Negotiators to Focus on Circularity

Automotive News - Half-year profit halved! Why has Audi's global layout become a "burden"

Equipment News - Battenfeld-Cincinnati Delivers Large Pipe Lines to Egypt

Major Enterprise News - BASF's Q2 Profit Plummets Year-on-Year

Price Information - RMB/USD central parity rate reported at 7.1441, up 70 pips.

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2. Half-year profit halved! Why has Audi's global layout become a "burden"

Recently, German automaker Audi officially released its first-half 2025 results. Financial data showed that operating profit plummeted by 45.2%, net profit after tax dropped by 37.5%, and the operating profit margin was halved from 6.4% to 3.3%. Behind the figures, Audi is facing a deep-rooted survival crisis characterized by the failure of its global system, the loss of core markets, and the erosion of its profit foundation.

3. Battenfeld-Cincinnati Delivers Large Pipe Lines to Egypt

"With the help of the new production line from battenfeld-cincinnati, the large-diameter pipes we produce are excellent in quality and precision," commented Ahmed Mahalawi, the owner of Cairo Plastic Pipes and Products Company (PPP), on the German-Austrian joint venture equipment manufacturer.

4. BASF's PESU Featured in Tableware by Kyoraku

5. Anellotech and R PlusJapan Advance PlasticRecycling with Plas-TCat Commercialization

6. No rate cut? The Fed may face the loudest "opposition" in over 30 years!

Currently, it is widely anticipated that at the conclusion of the Federal Reserve's meeting from July 29 to 30, Fed policymakers will keep the target interest rate range unchanged at 4.25%-4.5% for the fifth consecutive meeting. However, the Fed, which is almost certain to "stand pat" again, may encounter the loudest "opposition" in decades.

Overseas Macro Market:

BASF's Q2 Profit Plummets Year-on-Year

BASF's adjusted EBITDA for the second quarter was 1.77 billion euros, down 9.5% year-on-year, compared with an estimate of 1.73 billion euros. Adjusted EBIT stood at 810 million euros, a 16% year-on-year decline, versus an estimate of 758.2 million euros. Sales reached 15.77 billion euros, down 2.1% year-on-year, compared with an estimate of 15.83 billion euros. Net profit was 79 million euros, a sharp drop of 82% year-on-year.

BASF's Q2 Profit Plummets Year-on-Year

It is reported that Toyota Motor Corporation announced on the 30th that its global sales for the first half of 2025 (January to June), including those of group subsidiaries Daihatsu Motor and Hino Motors, totaled 5,544,880 units. This marks a new high for first-half sales in three years, representing a 7.4% increase from the same period last year. It is expected to surpass Germany's Volkswagen, which sold approximately 4.41 million units, ranking first globally for the sixth consecutive year.

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