On May 13, Enjie Co., Ltd. announced that due to the parties involved not reaching a consensus on the valuation of the target company, Zhongke Hualian, and failing to agree on core terms such as the transaction price, the company has decided to termi
1. Overnight Crude Oil Market Updates Market attention to the possibility of a Federal Reserve interest rate hike, combined with weak economic and demand expectations, led to a decline in international oil prices. NYMEXCrude oil futuresThe 06 contrac
Constrained by high costs and tight raw material supply, domestic polyethylene (PE) production in April 2026 fell significantly. According to data from JLC, China’s total PE output in April was 2.4612 million tonnes, down sharply by 14.58% month on m
After eight months of rigorous selection, and through five stages including corporate applications, online voting, expert evaluation by a panel of 100 experts, recommendations by third-party institutions and leading enterprises, and final review by
Summary: The IEA has issued a new warning: due to the near paralysis of the Strait of Hormuz, the global oil "buffer" is rapidly shrinking at a record rate of 4 million barrels per day, which may lead to further spikes in oil prices. The Internatio
1 Today's Summary ①、 [Longzhong] 5/12: Significant differences between the U.S. and Iran have stalled the talks, heightening concerns over supply risks and pushing international oil prices higher. NYMEX crude oil futures June contract settled