Trade Information

Vietnam faces up to $25 billion in projected export losses to the U.S. due to new tariffs, positioning it as Southeast Asia's most affected economy.

China launches a major 10,000-tonne battery-grade lithium carbonate project at Tibet's Zabuye Salt Lake. The operation marks a significant step in the green and integrated development of the region's resources.

Amid global energy transition and geopolitical shifts, the oil and gas sector is being reshaped by Asia-Pacific's rising demand and the Americas' growing supply of unconventional resources.

Recently, China has halted purchases of BHP iron ore from Australia has sent shockwaves through global markets.

Amid global energy shifts and 'dual carbon' goals, China's petrochemical sector pivots from scale growth to quality excellence. This strategic transformation prioritizes sustainable value over volume.

Despite heavy U.S. tariffs, methanol faces limited direct impact from the trade war, yet the broader market feels significant indirect pressure.

On October 9, Mexican President Claudia Sheinbaum announced that the Mexican Congress would delay the approval of the government's plan to raise tariffs on 1,371 products from China and other Asian countries.

On October 8, Plastics Europe's annual report highlighted the European plastics industry's decline, with shrinking competitiveness, plummeting sales, eroding market share, and stalled sustainability efforts.

On 13 October 2025 Eastern Time, US Treasury Secretary Scott Bessent stated during an interview with Fox Business that the proposed 100% tariffs on Chinese imports were not a foregone conclusion.

On October 10, Bengbu Guotai Nano announced its 80,000-tonne chlorination-based titanium dioxide production line has reached stable mass production after months of trial runs.

On October 14, China's Ministry of Commerce stated that the US cannot expect talks while threatening new restrictions, urging the US to correct its approach, show sincerity, and seek common ground with China.

In the first three quarters of 2025, China’s goods trade reached RMB 33.61 trillion, marking a 4% year-on-year increase. Exports saw a robust growth of 7.1%, totaling RMB 19.95 trillion, while imports slightly dipped by 0.2%, totaling RMB 13.66 trillion.

On 10 October, BASF reached an agreement to sell its coatings business to the fund managed by Carlyle and Qatar Investment Authority for €7.7 billion.

In a major breakthrough, Sinopec unveiled its independently developed 60K large-tow carbon fiber -the 'King of New Materials' at an international composites exhibition this September.

President Trump threatened major new tariffs on China and cast doubt on a key meeting, only to later backtrack and leave the possibility open.

After a decade of talks, the EU and Indonesia seal a landmark trade deal. This strategic move diversifies EU supply chains and unlocks fresh markets.

President Trump announces a staggering 100% additional tariff on all Chinese imports, effective November 1, 2025. This move will push the total tariff rate to 130% or more, compounding existing duties.

Recently, the world's largest green methanol production project-Jinfeng Technology Xing'an League Green Hydrogen-to-Green Methanol Project successfully completed its gasifier process validation in China.

Chinese titanium dioxide suppliers executed their fifth price hike, pushing domestic and export rates higher through late 2025.

The EU has imposed strict steel import limits, sending shockwaves through global trade. This move is sparking intense international debate and scrutiny.

President Putin stated that restoring full ties with the U.S. is in Russia's vital national interest during his address at the 22nd annual meeting of the Valdai Discussion Club.

BASF hits key milestones at Zhanjiang with new plant start-up and ethylene complex completion. This solid progress keeps the site on track for full 2025 operations.

Facing trade turmoil and weak U.S. demand, carriers are canceling sailings at a pace not seen since the pandemic's peak.

The world's first approved dual-target weight-loss drug, Mazdutide, has shaken up the international market with its unique design.

Canadian Prime Minister Justin Trudeau suggests a potential warming in Canada-China relations, a notable shift from his earlier description of China as the 'greatest threat'.

China's major industrial firms saw profits grow 0.9% year-on-year to over 4.69 trillion yuan in the first eight months, official data shows, signaling steady economic recovery.

China declares it will forgo new special trade benefits in future WTO talks. The move underscores its role as a responsible major developing nation at the UN General Assembly.

Chinese researchers achieve breakthrough with near-total atom utilization in catalysis, paving the way for greener, more efficient chemical production.

Global chemical markets navigated a volatile September, caught between strong expectations and muted reality. Key drivers were the US Fed's rate decision and China's 'counter-involution' policies.

China's API sector is transforming, driven by shifting costs, currency moves, and a strategic shift towards innovative drugs.