04 Jan 2024
In a day marked by escalating geopolitical tensions, global oil prices surged approximately 3% on Wednesday, fueled by a significant disruption at Libya's primary oilfield.
In response to the attack on Maersk Hangzhou on 30 December 2023, Danish shipping giant - Maersk announced a temporary suspension of all transits through the Red Sea/Gulf of Aden until further notice.
CPVC, produced through the chlorination of polyvinyl chloride resin, exhibits superior properties compared to PVC, including enhanced corrosion resistance, heat resistance
The 2405 for May 2024 delivery contract on Dalian Commodity Exchange on 04 January 2024 settled as follows:
03 Jan 2024
The prolonged slump in new export orders, persisting for the fifth consecutive month, underscores the impact of subdued Chinese demand on South Korea's manufacturing landscape.
Simultaneously, the strengthening of the dollar on Tuesday exerted additional downward pressure on oil.
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