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Both WTI and Brent crude oil prices rose by about $0.50 at one point, but have since retreated to $80.20/barrel and $85.50/barrel respectively.

2026-08-26

Both WTI and Brent crude oil prices rose by about $0.50 at one point, but have since retreated to $80.20/barrel and $85.50/barrel respectively.

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2026-08-26

At midday close, China domestic futures' main contracts were mostly lower. P-xylene, methanol, propylene and ethylene glycol hit daily down limits; low-sulfur fuel oil (LU) fell about 9%, fuel oil about 8%, Shanghai crude (SC) about 6%; synthetic rub

At midday close, China domestic futures' main contracts were mostly lower. P-xylene, methanol, propylene and ethylene glycol hit daily down limits; low-sulfur fuel oil (LU) fell about 9%, fuel oil about 8%, Shanghai crude (SC) about 6%; synthetic rubber, benzene, Europe-route container freight, PTA, polypropylene and bottle-grade PET chips dropped over 5%. Rapeseed meal rose more than 3%, soybean meal over 2% and soybean No.2 nearly 2%.
2026-08-26

At a State Council Information Office briefing on executing the 15th Five‑Year Planning and accelerating new industrialization, Vice Minister Xin Guobin said the Ministry of Industry and Information Technology will raise NEV product quality, support

At a State Council Information Office briefing on executing the 15th Five‑Year Planning and accelerating new industrialization, Vice Minister Xin Guobin said the Ministry of Industry and Information Technology will raise NEV product quality, support key firms’ technology R&D, and continue improving power‑battery low‑temperature performance and durability as well as autonomous‑driving safety and reliability. He said authorities will actively but prudently push forward smart connected vehicle market access and on‑road trial schemes and vehicle‑road‑cloud integration pilots to deliver greener, more intelligent smart connected NEVs to consumers.
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