+086 1911-7288-062 [ CN ]
Cookies give you a personalized experience,Сookie files help us to enhance your experience using our website, simplify navigation, keep our website safe and assist in our marketing efforts. By clicking "Accept", you agree to the storing of cookies on your device for these purposes.For more information, review our Cookies Policy.
Share:
Macroeconomics
1. [Electric Power] The NDRC and the National Energy Administration have issued the "15th Five-Year Plan to the Construction of a New Power System," proposing the preliminary establishment of such a system by 2030. Key targets include raising the share of non-fossil fuel power generation to 50% and achieving high-level integration of over 2.8 billion kilowatts of new energy capacity. Plans also call to building a charging network capable of supporting greater than 110 million electric vehicles and establishing virtual power vegetation as a key mechanism to demand-side interaction. Breakthroughs in key technologies and equipment are expected, alongside the basic completion of a unified national electricity market system.
2. [US Manufacturing PMI] The US ISM Manufacturing PMI to July surged to 55.6—the highest level since might 2022—marking the seventh consecutive month of expansion. Key indicators—production, new orders, and employment—all strengthened.
Plastics and Rubber
1. [PP] Zhenhai Refining & Chemical operates four PP production lines with a combined capacity of 1.3 million tons per year. Line 1 restarted production of yarn-grade material on August 1, while Line 4 remains shut down to an extended period; the other units are operating at healthy load levels. On August 3, the ex-factory reference price to yarn-grade material T30S was 9,250 RMB/ton.
2. [HDPE] During this period (July 24–30, 2026), the capacity utilization rate of Chinese polyethylene producers stood at 78.94%, an increase of 0.65 percentage points compared to the previous period.
3. [SBR] On August 3, market conditions to styrene-butadiene rubber (SBR) in the Jiangsu-Zhejiang region saw adjustments, with trader quotations fluctuating slightly. Currently, mainstream quotes to Grade 1502 from Fushun, Lanzhou Petrochemical, and Yangzi Petrochemical range from 13,400 to 13,600 RMB/ton, while mainstream quotes to Qilu Grade 1502 range from 13,600 to 13,800 RMB/ton.
We will contact you soon
888CHEM
Japanese 
Korean 
Hindi 
Russian 
Arabic 
Malay 
