Jiangsu Eastern Shenghong Surges 320%, Rongsheng Petrochemical Jumps 378%: Polyester and Refining Giants Rally from Darkest Hour
2026-04-29 20:16:15On the evening of April 28, Dongfang Shenghong simultaneously released its 2025 annual report and its Q1 2026 report. The two sets of data show a stark contrast: for the full year of 2025, the company reported a net profit attributable to shareholde
United States Reinstates Reciprocal Tariff; Ennila Announces Price Increase for Caprolactam and PA6; Evonik Signs Agreement with Malaysian Company
2026-04-29 19:00:07International News Briefing: Raw Material News - Evonik will supply membrane technology to a Malaysian bioenergy company Electrical Appliances News – Henkel Launches a Polyurethane Hot Melt Adhesive to Simplify Assembly of Glass and Large Panels in H
Uae abruptly withdraws from opec! price hike wave sweeps across everything—from t-shirts and sofas to smartphones
2026-04-29 15:56:37Recently, a major announcement shook the global energy market. On April 28 local time, the UAE officially announced that it would withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the "OPEC+" mechanism starting from May 1
Supply-Demand Game Intensifies, Futures Remain Weak in Short Term
2026-04-29 14:23:55The 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 14:18:19Yesterday, 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 14:12:02The 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
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