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  [SMM Hydrogen Cost Daily Review] 20250625

• Analysis of the Impact and Trends of the EVA Market under the Influence of the Iran-Israel War Conflict

  From the supply and demand side of LDPE, it has not been significantly affected by the Israel-Iran war. The frequent price fluctuations are mainly influenced by changes in the oil price on the raw material side. From the demand side, June and July remain the traditional off-season for LDPE demand, with limited growth in domestic demand. LDPE and EVA are produced in a co-production facility. According to SMM, EVA enterprises have not actually switched to producing LDPE. From April to June, petrochemical plants have mainly focused on production scheduling for EVA, and no significant changes have occurred as a result.

• Copper prices rise, orders for secondary copper rod enterprises recover [SMM Daily Review of Secondary Copper]

• ECARX to enter embodied intelligence market with solid-state LiDAR partnership for smart robotics

  It marks ECARX's official entry into the rapidly expanding field of embodied intelligence.

• Pony.ai added to Nasdaq Golden Dragon China Index

  This inclusion marks a milestone for Pony.ai as a publicly traded company.