Volatility in Construction Material Prices to Remain in 2022

Oil Suffers Biggest Blow Since March Amid Stock Market Rout

U.S. CNBC news, Biden said on the 10th that he may cancel some tariffs imposed on Chinese imports to help control rising consumer prices in the United States. In a speech to the nation in Washington on the 10th, Joe Biden said the White House was reviewing the "punitive measures" imposed during former President Trump's administration that raised prices on everything from diapers to clothing and furniture. It is possible that the White House chooses to cancel the above measures entirely.

On May 11, local time, the Russian government approved the list of legal entities that imposed retaliatory sanctions on 31 energy companies.

Why long term economic growth often disappoints?

Recently, the "group pet" recycled plastics in the plastic circle have made new progress in automotive applications! Auto parts and vehicle companies represented by Faurecia, Bio, Renault and Kia are accelerating the application of recycled plastics.

Amcor Rigid Packaging, based in Michigan, said it had teamed up with Danone, the consumer goods company, to launch 100 per cent recyclable polyethylene terephterate bottles for the Villavicencio mineral water brand in Argentina.

Early in the morning, CCTV reporters came to the submarine cable laying site - a submarine cable laying ship 4 kilometers away from Jinqing Town, Taizhou City, Zhejiang Province. On the surface of the East China Sea, with the help of the submarine cable electric turntable and the high-pressure water pump, the low-frequency submarine cable is like an "electric dragon", slowly entering the preset channel 3 meters deep under the sea at a speed of 5 meters per minute.

Recently, Huntsman announced on its official website that the company has a long court battle with Praxair/Linder, one of the industrial gas suppliers to Huntsman's Geismar MDI production site in Louisiana, a New Orleans The jury awarded Praxair to Huntsman about $93.878 million.

Methanol market price trend

Market price of ethanol

How does epidemic affect the market ?

Recently, BASF announced in a letter to customers that it will not be able to deliver the expected amount of propylene oxide to BASF due to events beyond its control at an important propylene oxide supplier. So much so that BASF Polyurethanes has to declare that polyether polyols and polyurethane systems are difficult to supply in the European market.

what the ethylene glycol will develop ?

On May 8, 2022, Saudi Arabia announced the official crude oil price. The benchmark oil sold to Asian customers, Arabian Light crude oil (known as Saudi light crude oil in the industry), the official price for delivery in June was set at a premium of 4.4 US dollars per barrel to the average price in Dubai and Oman. , a month-on-month decrease of $4.95 barrels.