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Jiangsu Eastern Shenghong Surges 320%, Rongsheng Petrochemical Jumps 378%: Polyester and Refining Giants Rally from Darkest Hour
On the evening of April 28, Dongfang Shenghong simultaneously released its 2025 annual report and its Q1 2026 report. The two sets of data show a stark contrast: for the full year of 2025, the company reported a net profit attributable to shareholde
Plastmatch -
United States Reinstates Reciprocal Tariff; Ennila Announces Price Increase for Caprolactam and PA6; Evonik Signs Agreement with Malaysian Company
International News Briefing: Raw Material News - Evonik will supply membrane technology to a Malaysian bioenergy company Electrical Appliances News – Henkel Launches a Polyurethane Hot Melt Adhesive to Simplify Assembly of Glass and Large Panels in H
Plastmatch -
Uae abruptly withdraws from opec! price hike wave sweeps across everything—from t-shirts and sofas to smartphones
Recently, a major announcement shook the global energy market. On April 28 local time, the UAE officially announced that it would withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the "OPEC+" mechanism starting from May 1
Plastmatch -
Supply-Demand Game Intensifies, Futures Remain Weak in Short Term
The South China PP Price Index stood at 9676.68 points, down 24.46 points or 0.25% from last week. Among the grades, homopolymer raffia and fiber remained unchanged, while copolymer dropped by 50, thin-wall grade fell by 50, and homopolymer decreased
Plastmatch Insights Lab -
The UAE's Declaration of Independence: A Long-Planned Breakthrough for Interests
Yesterday, the UAE announced its withdrawal from OPEC, effective May 1. Although this decision appears sudden amid the current turmoil, viewed over a longer timeframe, it is the inevitable outcome of the UAE’s multi-year “production-increase strategy
Plastmatch Insights Lab -
Cost Floor And Demand Ceiling: PVC Trapped In A Squeeze
The PVC market has recently shown a rather contradictory situation: the cost trends of the two production processes, calcium carbide method and ethylene method, are moving in opposite directions, coupled with the continued downturn in the real estate
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Power Battery Recycling Dilemma: Unaffordable Replacements, Unstoppable Vehicles
In the face of high battery swap costs, some drivers resort to risky methods, such as adding external batteries or replacing cells with non-official ones, to forcefully "extend the life" of their vehicles. In April this year, the global battery
Automobile Commune -
LG Chem EV Robot High-Purity PVC Wins CHINAPLAS 2026 Award
Recently, during the CHINAPLAS 2026 International Rubber and Plastics Exhibition, LG Chem won the "Excellence Award" in the "Top Ten Technical Trends in Rubber and Plastics 2026" selection event, by showcasing its high-polymerization PVC HRTP se
LG Chem (Guangzhou) -
EVA Morning Price: EVA Market Stable with Small Declines on April 29th! Up to 200 Yuan Drop!
Today’s EVA Market Brief According to Zhuan Su Shi Jie statistics, as of 11:00 a.m. on April 29, the EVA market across China remained generally stable with slight declines. 95% of quotations nationwide were unchanged, with the maximum decline reachin
Plastmatch Price -
PS Market Stable With Gains on April 29—Up to $400
Today's PS Market Brief Commentary: According to Zhuan Su Shi Jie statistics, as of 11:00 a.m. on April 29, the national PS market remained stable with slight increases! 50% of quotations across the market were unchanged, while the highest increase r
Plastmatch Price -
ABS Morning Price: April 29th ABS Market Stable With Slight Rise! Highest Rise 250 Yuan!
Today's ABS Market Brief: According to ZHUANSHU Vision, as of 11:00 am on April 29, the ABS market across various regions in the country is stable with slight increases! 96% of the market quotes remain stable, with the highest increase being 250 yuan
Plastmatch Price -
South China Recycled Material Market Sees Individual Increases, Recycled PP in Guangdong Up by 80 to 4450-5900
Summary: Morning Price Update for the South China Recycled Plastic Market on April 29! Individual prices rose slightly in the South China recycled plastic market: recycled PP in Guangdong rose by CNY 80 to CNY 4,450–5,900/ton; recycled PE in Guangd
Plastmatch Price -
Recycled Material Market Prices Steady in East China With Minor Fluctuations of 30–100
Summary: Morning Price Update for the Recycled Plastics Market in East China on April 29! The recycled plastics market in East China remained generally stable with slight fluctuations. Recycled PP prices in Shandong and Jiangsu saw isolated increases
Plastmatch Price -
[Today's PP, PE Jiangsu Plastic Prices] Strong Fluctuations! PP Rises Up to 400, PE Falls Up to 300
Summary: Morning prices for the Jiangsu polyolefin market on April 29! PP prices fluctuated regionally, with some moving up or down by 50–200, and the highest increase reaching 400. PE prices were mixed, with some rising or falling by 30–150, the hig
Plastmatch Price -
[Today's PP, PE Zhejiang Plastic Prices] Partial Fluctuations! PP Rises Up to 400, PE Falls Up to 200
Summary: Zhejiang Polyolefin Market Early Price on April 29! PP adjusted locally, with some prices rising or falling by 50-300, the highest rising by 400; PE fluctuated locally, with some prices rising or falling by 50-150, the highest rising by 300,
Plastmatch Price -
Today PP PE Guangdong Plastic Price Fluctuate, PP Up 490, PE Down 350
Summary: Guangdong polyolefin market morning price update on April 29! PP prices rose or fell, with some changing by RMB 50–300 per ton; the highest increase was RMB 490 per ton, and the largest decline was RMB 500 per ton. PE prices also varied, wit
Plastmatch Price -
Beijing auto show observation: Is the Automotive Industry Collectively Abandoning “Vase AI”?
If 2023 is considered the "Year One" for automotive large models, then 2026 is the year of "demystification" - car manufacturers no longer content with having in-car AI write poetry and tell jokes, but instead begin to ask a more practical question:
Gasgoo -
Mianbi Intelligence and Wutong Technology Deepen Collaboration
On April 28, Gasgoo Auto learned that at the 2026 Beijing Auto Show, Mosaic Intelligence and TINNOVE announced a further deepening of their collaboration. The two companies are currently cooperating in products such as the AI Box and will focus on on
Gasgoo -
LeDao L80 Opens Pre-Sale: NIO Technology Suite Included, BaaS Version Starts at 159800 Yuan
On April 28, Onvo, a brand under NIO, held the Onvo L80 Product Technology Launch Event in Hangzhou. NIO founder and CEO William Li officially announced the pre-sale price of the Onvo L80 at the event.Starting from 245,800 yuan for full vehicle purch
Gasgoo -
From passive response to proactive service: IFLYTEK Redefines the Intelligent Cockpit Paradigm
The evolution of the smart cockpit is essentially a reconfiguration of the relationship between humans and vehicles. In recent years, with the rapid popularization of intelligence, the Chinese smart car market has evolved from a hardware competition
Gasgoo
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