Ethylene glycol front-month contract fell 4.00% intraday to 5,037 yuan/ton.

Qatari prime minister and foreign minister met with Iran’s foreign minister Araghchi for talks.

POLITICO, citing eight people, reports the Trump administration is considering a large new package of semiconductor tariffs. One proposal would greatly broaden tariff coverage beyond chips to many chip-containing products — including laptops, game consoles and data-center servers — potentially widening the trade impact on tech supply chains. Tech firms warn the move could jeopardize US leadership in AI. Four sources say Commerce Secretary Lutnick favors conditioning tariff exemptions for foreign firms on investment in US chip manufacturing to spur domestic capacity.