Baofeng Energy announced its 2025 Annual Report. The Company achieved revenue of RMB 4,803,759.31 million, an increase of 45.64% year-on-year; total profit of RMB 1,298,789.89 million, an increase of 78.25% year-on-year; net profit attributable to sh

Introduction:In the second trading week of March, the ongoing Middle East situation continued to impact the market, triggering extreme price movements in the ABS market, which led buyers to step back and adopt a wait-and-see stance. Witnessing

Wanwei High-Tech announced that the company plans to issue shares to its controlling shareholder, Wanwei Group, to raise no more than 3 billion yuan. After deducting relevant issuance costs, the net proceeds will be entirely used for a 200,000 tons/y

Recently, the price of automotive plastics has been rising, crude oil volatility has increased, and supply chain risks have escalated, and the automotive industry is facing challenges.Cost and ComplianceDouble pressure. As the industry is in a tense

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

In March 2026, escalating geopolitical conflicts in the Middle East triggered severe turbulence in global energy markets, driving international crude oil prices above the $100-per-barrel mark. Brent crude futures surged to a peak of $111.04 per barr

Geopolitical conflicts have driven up international oil prices and raw material costs, impacting the petrochemical industry. Compounded by disruptions to shipping through the Strait of Hormuz and rising logistics costs, this has led to tight supp

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

Today's EVA Market Brief Commentary: According to EVA View, as of 4:00 PM on March 13, EVA markets across the country remained stable with slight increases! 92% of the market quotations remained unchanged, with the highest increase of 300 yuan. The c

PVC Market Briefing Today According to Zhuansu Vision statistics, as of 16:00 on March 13, PVC markets across most regions in China were trending upward, with 63% of market quotes rising—some by as much as RMB 200. Currently, the price for Taizhou Li

Today’s PS Market Brief According to ZhuanSu Vision statistics, as of 16:00 on March 13, the national polystyrene (PS) market remained generally stable with slight declines. 43% of market quotations held steady, while the largest decrease reached RMB

Today's ABS Market Brief: According to the Professional Plastics View, as of 4:00 PM on March 13, the ABS market across various regions in the country has shown a general stability with some decline! 87% of the market quotes remain stable, with the m

Today's LDPE Market Review: According to Zhusu View, on March 13, LLDPE prices across major regions of the country rose across the board, while LDPE prices saw more increases than decreases. Specifically: LLDPE film prices in the North China market i

Today's PP market brief: According to Zhuan Su Shi Jie statistics, on March 13, prices in China’s major regional PP markets rose in most regions and fell in fewer regions: For PP block copolymer, the East China market rose by RMB 230/ton; the South

Today's HDPE Market Briefing According to Zhuan Su Shijie, on March 13, the HDPE market in major regions across the country saw more increases than decreases. Specifically: HDPE film market in North China dropped by 100 yuan; East China dropped by 30

On March 13, the morning prices of the Jiangsu polyolefin market! PP saw fewer increases and more decreases, with most falling by 50-500, and some rising by 20-110; PE saw mixed increases and decreases, with some varying by 50-300, the highest increa

Summary: March 13 Early Market Prices for Polyolefins in Zhejiang! PP prices fluctuated locally, with some changes ranging from -40 to +400, and a maximum increase of 500. PE prices mostly declined, with some changes ranging from -300 to +50, and max

I. This Week's Hot Topics ABS market average price increased significantly this week, industry output slightly decreased, and petrochemical plant inventory decreased slightly. II. This Week’s ABS Market Trends The ABS market price rose significantly

I. Key Market Focus Points This Week Production: This week, the output of polypropylene in China was 722,600 tons, a decrease of 45,700 tons from last week's 768,300 tons, a decline of 5.95%; compared to the same period last year's 777,400 tons, it d

I. Key Issues to Watch This Week This week, the domestic PS market continued to surge significantly, with price increases ranging from RMB 1,300 to 2,300 per ton, primarily driven by the continuous rise in feedstock styrene prices. In te