Oil Prices Rebound Sharply After Plunging 11% in a Single Week, While the Reopening of the Strait of Hormuz May Still Be a Long Way Off
2026-06-02 16:17:58Last week, driven by optimistic expectations after positive signals from the U.S.-Iran negotiations, international oil prices experienced a “cliff-like” plunge — with Brent crude futures prices falling by more than...11%…setting the worst weekly perf
Cost Down 40%, Price Still Far Exceeds PE! Why Are the Five Giants Joining Forces to Bet on PHA?
2026-06-02 16:08:43Around 300 billion disposable paper cups are consumed worldwide each year. You may use these paper cups every day—for your morning coffee, takeout soup, or convenience store sandwich tray. But did you know? These paper cups are almost impossible to r
【Overseas News】Hormuz Risk Rises, Commodities Squeezed! Kazakhstan’s Six-Month Building Materials Import Ban Takes Effect
2026-06-02 15:31:59Headline News Summary: Raw Materials News: Strohm Secures First Egyptian Order to Supply Carbon Fiber Thermoplastic Composite Pipe (TCP) Flowlines, Supporting Deepwater Oil and Gas Upgrades Automotive News - Dürr and Fujian Benz launch final assembl
Daily review: Cautious Operations by Traders Keep Polyester Chip Market Largely Stable
2026-06-02 15:23:50Market Overview: On June 2, 2026, polyester chip market prices generally remained stable. In the Jiangsu-Zhejiang region, negotiated transaction prices for semi-dull chips were around RMB 7,220/mt, unchanged from the previous working day. Negotiated
Daily Review: Domestic PC Market Weakly Consolidates Amidst Strong Negative Sentiment
2026-06-02 15:18:151. Market Conditions On June 2, 2026, the average price of PC in the market was 16,388 yuan/ton, down 66 yuan/ton from the previous working day, a decline of 0.40%. Today, the domestic PC market is weakly consolidating. There is not much news on fact
Overcoming the Challenge of Plastic Degradation! New Simple Chemical Process Achieves Efficient Green Upgrading of Conventional Plastics Degradation
2026-06-02 14:54:21Recently, researchers from the University of Edinburgh and Germany’s RPTU University Kaiserslautern-Landau have developed a new process that can convert traditional plastics, such as food packaging and 3D printing materials, into polythioesters. This
Cost Support Weakens, Polyolefin Spot Market Deeply Corrects！
Market Weakens on Dual Drags of Supply and Costs！
