Market Flash

On June 16, 2025, Harbour BioMed announced a significant victory in a patent dispute regarding its core “binding molecule” technology.

On June 20, 2025, the European Commission announced new rules restricting Chinese companies from participating in public medical device tenders exceeding 5 million euros.

Global oilseed prices rose last week, driven by a 7.6% surge in soybean oil futures and a sharp increase in crude oil prices.

On June 20, 2025, the Food Standards Australia New Zealand (FSANZ) announced the evaluation of Application A1333, which seeks approval for the use of genetically modified (GM) purple tomatoes in food.

The Port of Los Angeles reported a 9% year-on-year decline in imports for May 2025, with volumes expected to remain weak for the rest of the year.

Sodium alginate, also known as alginate, is a polysaccharide extracted from brown algae like kelp and sargassum.

Sahara Energy, a subsidiary of the Sahara Group, has signed an agreement with HD Hyundai Heavy Industries to build two very large gas carriers (VLGCs) with delivery scheduled for mid-2028.

MODEC, through its subsidiary Offshore Frontier Solutions, has partnered with Toyo Engineering India to establish a joint venture global capability center (GCC) in Bengaluru, India, named TOYO MODEC OFS India (OFS India).

On June 20, the China Securities Regulatory Commission (CSRC) announced its approval for the registration of benzene futures and options on the Dalian Commodity Exchange (DCE).

German cycling accessory brand Schwalbe is introducing a new generation of Aerothan TPU bike inner tubes, made with over 90% recycled materials.

On June 18, Kangda New Materials announced plans to issue shares to specific investors, including its controlling shareholder Tangshan Industrial Investment, to raise up to 5.85 billion yuan.

Japanese chemical manufacturer Zeon Corporation has announced plans to construct a research plant at its Yokaze site in Yamagata Prefecture, focusing on directly producing butadiene and isoprene from plant-based materials.

On June 20, Dawn Polymer Co., Ltd. announced the completion of its 3300-million-yuan acquisition of Anhui Bost New Material Co., Ltd., making it a wholly-owned subsidiary.

The Hormuz Strait, a critical energy transportation lifeline, has once again become the center of global attention. Amid escalating military strikes by the U.S. and Israel on Iran, tensions in the Persian Gulf continue to worsen.

Kao has launched a halal-certified deodorant in Indonesia and plans to start local production of halal sunscreen by 2026 to meet regulatory requirements and growing demand for certified personal care products.

• Kao

Recently, the conflict between Israel and Iran has escalated once again, with both sides continuing military strikes. This has not only intensified regional tensions but also posed a significant threat to global shipping security.

Hubergroup Print Solutions reached another major milestone in May with the inauguration of India’s first dedicated production facility for direct food contact (DFC) inks.

• Hubergroup

In recent days, the Indian government has taken tough anti-dumping measures on chemical exports from several countries, including China, in an effort to protect its local manufacturing industry.

• India

Trump administration has quietly proposed shutting down the U.S. Chemical Safety and Hazard Investigation Board (CSB), the only federal agency dedicated to investigating industrial chemical explosions.

On June 16, the National Bureau of Statistics released data showing that China's industrial output for enterprises above designated size increased by 5.8% year-on-year in May.