Summary: ① The UAE announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the “OPEC+” framework, effective May 1, 2026—a decision that deals a blow to the oil-producing bloc and its leader, Saudi Arabia. ② The

I. Overnight Crude Oil Market Dynamics April 28: Prospects for U.S.-Iran negotiations remain unclear, with shipping through the Strait of Hormuz continuing to face disruptions, driving international oil prices higher. NYMEX WTI crude futures for June

During ChinaPlas 2026, the "Extended Producer Responsibility for Automotive to Enhance Material Circularity" pilot project was officially launched. This project is part of the Sino-European Circular Economy Project and is led by German Federal

The new series of enclosures are made from Covestro's polycarbonate containing 90% post-consumer recycled (PCR) content. The carbon footprint of the 20-inch coffee box shell is reduced by more than 67% compared to the previous generation. Empowering

Chinaplas 2026 Live, April 21, National Exhibition and Convention Center, Shanghai, AMS invites you to discuss the future of high-performance polymers. As a global leader and solution provider in high-performance polyamides, EMS-GRIVORY official

2026 is widely regarded by the industry as the inaugural year for the industrialization and large-scale deployment of humanoid robots. On the Spring Festival Gala stage, humanoid robots danced with fluid grace—not merely capable of move

Critical lifelines2025 Market SizeExpected to exceed220 billionUSD. China, with its complete industrial chain, continuous technological innovation, and massive market demand, occupies half of the global market and firmly secures the core growth pole

According to Bloomberg, U.S. President Trump stated that the peace talks held in Islamabad over the weekend failed to yield results.The United States will impose a blockade on the Strait of Hormuz. This move could exacerbate global oil and fuel short

Crude Oil Market Dynamics Despite the instability of the US-Iran ceasefire agreement, it still brings optimistic expectations for de-escalation in the US-Iran situation, causing international oil prices to fall by more than 2%.WTI Crude OilTouching 1

Summary: ① U.S. President Trump warned Iran to stop charging fees in the Strait of Hormuz; ② Iran's Supreme Leader stated that the management of the Strait of Hormuz will enter a new phase. US President Trump said he was "optimistic" about reaching a

I. Overnight Crude Oil Market Dynamics 4/9: Israel's attack on Lebanon raised market concerns about its impact on the US-Iran talks, leading to an increase in international oil prices. However, the US pressured Israel to cease fire, narrowing the gai

CHINAPLAS 2026 International Rubber & Plastics Exhibition Opening ceremony countdown: 15 days! Today, Xiangxiang will take everyone on a unique perspective journey. Let’s Examine the “Value” of CHINAPLAS   Embodied intelligen

Yesterday, a Bloomberg report on newly allocated crude oil import quotas for China’s independent refineries (“local refineries”) quickly drew market attention. The report mentioned that China is granting additional quotas to some independent refine

Iranian media: Strait of Hormuz fully closed According to Iran's Press TV, the Strait of Hormuz has been completely closed, and some oil tankers have been forced to turn back. According to Tasnim News Agency on the same day, a large number of ships

On April 2nd, the global energy and chemical market welcomed "Epic VolatilityAt 1 a.m. local time on April 1, U.S. President Trump gave a national speech, declaring that the war against Iran had achieved a "fast, decisive, and overwhelming victory,"

On March 27, Jiangsu Taicang Shuangchen Science and Technology Valley welcomed its first batch of project startups at the Xin Su Workshop. Among them, the "Houhe Medical" project invested by Jilin Zhongyan High-polymer Materials Co., Ltd. has a

I. Overnight Crude Oil Market Dynamics March 31: Prospects of a de-escalation in the Middle East conflict triggered a sharp reversal in the oil market, as international oil prices plunged after Iran's president stated the country would end the war if

Trump told his aides he was willing to end the war without reopening the Strait of Hormuz. According to The Wall Street Journal,Trump has told his aides that he is willing to end the U.S. military operation against Iran even if the Strait of Hormuz

IT Home, March 30: Voyah Automobile announced tonight that the company has received notification from Dongfeng Asset Management Co., Ltd. (Dongfeng Asset Management), one of its controlling shareholders, stating that Dongfeng Asset Management plans t

From March 27 to 29127 chemical enterprisesCollectively announcing a suspension of external quotations, ABS, PP, and PC—the three major general-purpose plastics—are at the forefront, plunging the spot market into a rare state of "discussions only, no