Update: Malaysia imposed a definitive ADD on PET imports from China and Indonesia

12 May 2025 On 6 May 2025, the Malaysian government announced the imposition of definitive anti-dumping duties (ADD) on imports of PET resin (HS Code: 3907.61.00 00) originating from China and Indonesia.

12 May 2025

Dalian Commodity Exchange: 12 May 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 12 May 2025 settled as follows:

12 May 2025

Crude oil posted first weekly gains since mid-April on renewed trade optimism

International crude oil benchmarks closed higher on Friday, 9 May 2025, with gains approaching 2%, marking their first weekly advance since mid-April. The upturn was driven by renewed investor optimism

09 May 2025

Oil prices surged on renewed trade optimism

Market participants interpreted the deal as a positive signal for broader trade negotiations, particularly ahead of high-stakes discussions between US and Chinese officials scheduled to begin this weekend.

09 May 2025

Dalian Commodity Exchange: 09 May 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 09 May 2025 settled as follows:

08 May 2025

Oil resumed decline amid mounting doubts over US-China trade talks

Crude oil prices resumed their downward trajectory on Wednesday, 7 May 2025, as growing scepticism over the outcome of upcoming US-China trade talks weighed on market sentiment.