Energy Expert McNally: Market Severely Underestimates Iran’s Long-Term Ability to Block Strait of Hormuz
2026-03-02 22:41:09The President of Rapidan Energy warned that, unlike historical conflicts, Iran possesses advanced weapons and a deep coastline, enabling it to disrupt the Strait of Hormuz for a prolonged period. He believes that Iran's current strategic intent is to
Modified Plastics Leading Enterprise, Revenue Grows 6.4%
2026-03-02 22:23:23February 27Huitong Co., Ltd. released its 2025 earnings preview, reporting revenue of RMB 6.477 billion, an increase of 6.4% year-over-year; net profit attributable to shareholders of RMB 2.06 billion, up 5.99% year-over-year; and non-GAAP net profit
Intense Fighting in Middle East, Japan Feels the Pinch
2026-03-02 22:21:33Due to the potential military actions by the US and Israel against Iran, international energy prices are surging. This is causing significant difficulties for Japan, which heavily relies on imported energy. According to Japan’s NHK televis
Brent oil aims for $120? jpmorgan: Price Direction Depends on These Four Variables
2026-03-02 22:18:23Summary: JPMorgan believes that oil price direction depends on four key variables: the number of barrels affected, the duration of the conflict, the ability of alternative supplies to quickly fill the gap, and geopolitical developments. If the confli
Surge! Middle East Tensions Escalate; Polyolefin Prices at Crossroads Amid Strait of Hormuz Standoff
2026-03-02 20:59:09On March 2, the polyolefin main contract closed with a limit up, mainly due to the sudden escalation of the situation in the Middle East. So far, it remains unclear when and how the situation will cool down, and prices may rise again. Over the past f
[Recycled PET Daily Review] Recycled Pet Stably Operates
2026-03-02 18:06:22Today's Key Points Recycled PET priceBased on the Jiangsu region, today’s simulated Da Hua’s spot price for pure white urea closed at RMB 4,550 per ton, remaining stable compared to the previous period. Cost support: The significant rise in internati
Why did the "boom" of polyolefin production only last for a short period of time?
The drastic reversal of tariff policies has put pressure on the plastic industry's market structure.
