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

Summary: ① One of the most pressing concerns in global financial markets right now is: When will the U.S.-Iran conflict end? Both the U.S. and Iran made statements over the weekend regarding a ceasefire. ② On the 14th, U.S. President Trump stated tha

According to Huitong Co., Ltd.'s 2025 Annual Earnings Preliminary Announcement, the company achieved revenue of RMB 6.477 billion in 2025, an increase of 6.40% year-over-year; net profit of RMB 2.08 billion, up 3.80% year-over-year; net profit attri

① The 15th Five-Year Plan outline was adopted at the fourth session of the 14th National People's Congress on March 12; ② The outline abandons the sole GDP orientation, focusing on high-quality development at its core, and places significant importan

independently developed in our country T1200 High-Strength Carbon Fiber Official Global Launch The diameter is less than one-tenth the width of a human hair. This is currently the strongest in the world. Industrial mass production of carbon fiber Dub

Traditional chemical enterprises are accelerating their entry into the high-end new materials sector. Recently, Jiangsu Sanjili Chemical Co., Ltd., a leading company in the phenol industry, announced plans to invest 200 million yuan to build a projec

Over the past four years, the European chemical industry has been mired in a deep winter, with giants like Dow and BASF laying off more than 10,000 people, and Europe has shut down 37 million tons of capacity. Europe's share in global chemical output

I. Overnight Crude Oil Market Dynamics Markets believe the Israel-Iran conflict could end sooner than expected, coupled with the possibility that the G7 group may release strategic reserves, leading to a decline in international oil prices. NYMEX cru

International News Briefing: Raw Materials News – Deal Cancelled! Advent International Withdraws Its Offer to Acquire Lanxess’ Stake in Joint Venture Envalior Auto News - Volkswagen CEO: Volkswagen will launch an affordable electric mobility product

The Strait of Hormuz is engulfed in flames, nearly severing the global energy lifeline. WTI crude oil surges by 25% to break through $114 per barrel, while Brent crude climbs to over $110. This is not just a leap in numbers; it is a survival test tha

On March 9, both Brent and WTI crude oil prices surged by approximately 30% at one point, nearing the $120 per barrel mark, marking a gain of over 60% within seven trading days. In the afternoon, international oil prices quickly retreated, with both

President Trump told Israeli media on the 8th that he will make the final decision to end military actions against Iran at the "appropriate time."

Summary: Middle East conflicts have caused oil prices to surge sharply. The U.S. Treasury is reportedly planning an "unprecedented" move: directly intervening in crude oil futures. The specific approach may involve "selling near-term futures and buyi

According to CCTV News, on March 5, a spokesperson for the Iranian Armed Forces’ Khatam al-Anbiya Central Command stated that the U.S. aircraft carrier Abraham Lincoln was struck by an Islamic Revolutionary Guard Corps Navy drone in the Arabian Sea,

Overnight Crude Oil Market Dynamics Market concerns over the potential closure of the Strait of Hormuz leading to supply restrictions, coupled with ongoing geopolitical risks, have pushed international oil prices higher. The NYMEX crude oil futures A

International News Briefs Raw Materials News: BASF, Dow, Polyplastics-Evonik Announce Collective Price Increases! Automotive News: Honda Plans to Import Cars from China and the U.S. to Boost Domestic Sales in Japan Packaging News: 25% Weight Reductio

Currently, China's scientific and technological innovation is at a critical stage of making significant progress, with continuous breakthroughs emerging in the forefront, but there is still a long way to go. We need to remain clear-minded. Science is

Bessent said the U.S. will provide insurance for vessels in the Gulf region and will contact shipowners in the coming days. U.S. Treasury Secretary Becerra said on Wednesday that Washington will introduce a series of measures to stabilize oil transp

The 2026 National Two Sessions have kicked off, with the new quality productive forces becoming the core theme throughout the year. The non-ferrous metals industry is accelerating its transformation from traditional raw material supply to a national