Plastic Continuous Main Contract Rises 2% Intraday

March 25th,Dali Long(002209) announced that the company recently received government subsidies related to income amounting to 14 million yuan, which accounts for 14% of the company's most recent audited financial statement.Net profit attributable to owners of parent20.06% of the total. This subsidy is a government subsidy related to income, and is expected to increase the company's annual profit.

Shuangqiang Technology stated on the interactive platform on March 26 that its bamboo-based wood-plastic material is currently undergoing internal testing, and the company has no immediate plan to directly sell the raw material.

The continuous**** contract of polypropylene rose 3% intraday, currently trading at RMB 9,175.00.

The continuous main contract of polyethylene rose 2% intraday, currently trading at RMB 8,853.00.

According to Zhusu View on March 25, South Korea's largest petrochemical company, LG Chem, has decided to shut down some facilities at its Yeosu core plant due to the prolonged disruption of naphtha supply caused by the blockade of the Strait of Hormuz. According to industry sources on the 23rd, LG Chem plans to shut down its No. 2 unit located in the Yeosu National Industrial Complex this week and will formally announce the decision in the coming days. Currently, LG Chem operates two naphtha cracking (NCC) units in Yeosu: the No. 1 unit has an annual capacity of 1.2 million tons, and the No. 2 unit has an annual capacity of 800,000 tons.