16 Jun 2025
This marks a departure from the earlier directive, which excluded LLDPE C4 from the QCO requirements when the mandate came into force on 5 January 2024.
While details regarding the transaction value have yet to be finalised, the planned sale marks a notable shift in SCG’s long-term commitment to the Southeast Asian petrochemical sector
Global crude oil prices surged over 7% on Friday, 13 June 2025, as escalating military exchanges between Israel and Iran stoked fears of a broader regional conflict that could jeopardise vital oil exports from the Middle East.
The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 16 June 2025 settled as follows:
13 Jun 2025
The decline followed a robust 4% surge on Wednesday—the sharpest daily gain in over a month—fuelled by heightened fears that escalating tensions in the Middle East could disrupt regional oil supplies.
The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 13 June 2025 settled as follows:
12 Jun 2025
Lotte Chemical Corp. and HD Hyundai Co. are in advanced negotiations to consolidate their naphtha cracking operations at the Daesan petrochemical complex
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