1. Overnight Crude Oil Market Developments There are reports that the US and Iran are close to reaching a peace agreement, which has eased market concerns and caused international oil prices to decline.Crude oil futuresWTI crude oil futures Jul contr

International News Digest: Raw Material News - Oil Explodes in the Chemical Industry! Strait of Hormuz Suddenly Blocked Additive News - Henkel achieves carbon-neutral production at its adhesive technology plants in India and Turkey Automotive News -

In 2025–2026, the U.S. FDA actively responded to and supported the sweeping “Make America Healthy Again (MAHA)” initiative by rolling out a series of measures to drive the transformation of the U.S. food supply system from the use of “petroleum-b

According to Zhuanshu Vision, on June 4, 2026, the European Commission officially issued a notice of initiation, launching an anti-dumping investigation into polybutylene adipate terephthalate (PBAT) and poly(decamethylene adipate terephthalate) (PBS

On June 4, 2026, the European Commission officially published the notice of initiation and decided to launch an anti-dumping investigation into polybutylene adipate terephthalate (PBAT) and polybutylene sebacate terephthalate (PBSeT) originating in C

International Headlines Overview: Raw Material News - US MDI Supply Crisis, Giants Raise Prices Collectively Policy News - Overturning the Old Carbon Algorithm, European Association Proposes New Regulations for Biobased Plastics Medical News - Mitsui

Gasgoo has learned that on June 8, 2026, the U.S. Department of Defense updated its “Chinese Military Companies” list pursuant to Section 1260H of the National Defense Authorization Act. BYD and NIO, two new energy vehicle makers, as well as automoti

International News Digest: Raw Material NewsBASF shuts down this expandable polystyrene (EPS) plant. Automotive News-Toray (Toray will establish a polyphenylene sulfide (PPS) plant in India to accelerate the expansion of its engineering plastics busi

Since the beginning of 2026, trade frictions between China and the EU have intensified markedly. Within just a few months, the EU has launched a series of trade remedy investigations against China, placing the textile and

In June 2026, the European Union officially launched an anti-dumping investigation against China's PBAT. Against the backdrop of frequent heavy taxation on upstream and downstream raw materials, this move will weaken the competitiveness of Chin