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Driven by range anxiety and dual-carbon goals, lightweighting has become a core keyword in vehicle design. A 10% weight reduction can improve driving range by approximately 6%-8%, highlighting the core value of lightweighting for new energy vehicle
International Crude Oil Market This week, international crude oil market continued its downward trend. WTI crude oil fell to $84.88, down $2.83 in a single day with a decline of 3.23%; Brent crude fell to $87.33 with a decline of 3.38%.
Exhibition Preview The 2026 Saudi Plastics & Petrochem Industry Exhibition is set to open June 21-24 at the Riyadh International Convention & Exhibition Center. The event features 20,550+ sqm of exhibition space, 498 exhibitors from 24
Market Overview On June 12, global crude oil prices suffered a sharp sell-off. WTI crude settled at $83.73/barrel, down 4.54%; Brent crude closed at $86.39/barrel, down 4.41%. This followed a larger-than-expected U.S. inventory draw of 7.2 million
Saudi Arabia's Jubail Industrial City, supplying 70% of global PPE resin, halted production in late March due to Strait of Hormuz shipping disruption. Goldman Sachs reports PCB prices surged up to 40% in April vs March. Shengquan clarified its PPO products have no direct business link to PPE.
International crude oil rebounded on June 10, with WTI at $90.03/bbl (+2.07%) and Brent at $93.10/bbl (+1.80%). However, plastic futures diverged: LLDPE main contract at 7,875 yuan/ton (-0.63%), PP main contract at 8,649 yuan/ton (-1.40%), PVC at 4,706 yuan/ton (-0.70%).
Complete PCABS drying and injection molding temperature guide.
PC/ABS alloy formulation guide: formula, heat resistance, shrinkage, drying and molding.
On June 8, the biodegradable plastics sector index closed at 1,998.51 points, down 3.52%. Kingfa Tech has successfully developed and mass-produced biodegradable masks, gloves, and protective suits. HDPE recycled materials play an increasingly important role in the circular economy.
International crude oil surged on June 8, with WTI at $91.30/bbl and Brent at $94.25/bbl. Driven by cost support, domestic plastic futures rose across the board, with LLDPE main contract at 8,146 yuan/ton (+3.01%) and PP futures at 8,989 yuan/ton (+3.06%).
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