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Industry Dynamics
Supply-Demand Game Intensifies, Futures Remain Weak in Short Term
2026-04-29 14:23:55

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

The UAE's Declaration of Independence: A Long-Planned Breakthrough for Interests
2026-04-29 14:18:19

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

Cost Floor And Demand Ceiling: PVC Trapped In A Squeeze
2026-04-29 14:12:02

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

Power Battery Recycling Dilemma: Unaffordable Replacements, Unstoppable Vehicles
2026-04-29 12:21:17

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

LG Chem EV Robot High-Purity PVC Wins CHINAPLAS 2026 Award
2026-04-29 12:21:01

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

EVA Morning Price: EVA Market Stable with Small Declines on April 29th! Up to 200 Yuan Drop!
2026-04-29 11:47:48

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

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