According to JLC, the pace of new domestic polypropylene (PP) capacity additions accelerated significantly entering the third quarter, with multiple companies scheduling the launch of

Macroeconomics 1. [Energy System Planning] The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have issued the "15th Five-Year Plan" for the

According to Jinlianchuang, the first half of 2026 saw ongoing geopolitical conflicts and a volatile situation, causing severe fluctuations in global energy and chemical feedstock

According to Customs data, my country’s total export volume of polypropylene in primary forms in May 2026 was 474,900 tonnes, representing a month-on-month decline of

Macroeconomics 1. [Fed Interest Rates] Early on June 18 (Beijing time), the Federal Reserve announced it would keep the target range for the federal funds rate

In the early hours of June 15, Iran's Supreme National Security Council officially confirmed the conclusion of a truce memorandum of understanding (MOU) between Iran

Macroeconomics 1. [Industrial Value Added] National Bureau of Statistics: In May, the value added of industrial enterprises above designated size grew by 4.5% year-on-year in real

Macroeconomics 1. [M2] Central Bank: At the end of May, the outstanding balance of broad money (M2) stood at 353.67 trillion RMB, up 8.6% year-on-year. The

According to data from SunSirs, the domestic PP market saw steady to rising prices in early June, with firm pricing across various product grades. As

Macroeconomics 1. [PPI] National Bureau of Statistics: In May 2026, China's producer prices for industrial products rose by 3.9% year-on-year and 0.5% month-on-month. Purchase prices for

Macroeconomics 1. [Reverse Repo] The central bank will conduct a 500-billion-yuan outright reverse repo operation with a three-month term on June 5. With 800 billion RMB

According to data from SunSirs' "Spot Connect" service, domestic PP market trends in the first half of May saw a recovery following an initial decline,

Macroeconomics 1. [PMI] National Bureau of Statistics: In May, the Manufacturing PMI stood at 50.0%, a month-on-month decrease of 0.3 percentage points, resting at the critical

According to Sina Finance, the "black swan" event of geopolitical conflict in the Middle East—emerging since the beginning of 2026—has forcefully reversed the downward trend

Macroeconomics 1. [Industrial Enterprise Profits] National Bureau of Statistics: From January to April, the total profits of industrial enterprises above designated size nationwide grew by 18.2%.

Macroeconomics 1. [Power] National Energy Administration: As of the end of April, the nation's cumulative installed power generation capacity stood at approximately 3.99 billion kilowatts, representing

Macroeconomics 1. [MLF] The People's Bank of China (PBOC) released an announcement regarding its May Medium-term Lending Facility (MLF) tender. To maintain ample liquidity within the

Macroeconomics 1. [US PMI] The U.S. S&P Global Composite PMI Output Index for May stood at 51.7, unchanged from April; however, the overall pace of economic

Macroeconomics 1. [Bank Foreign Exchange Settlement and Sales] According to statistical data from the State Administration of Foreign Exchange (SAFE), in April 2026, banks settled foreign