China

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China Passenger Car Association (CPCA) data shows that China ’s wholesale new energy vehicle (NEV) sales declined 45.4% from a year ago to 66,000 units in October. This marked the fourth consecutive month of decline since the latest subsidy cuts took effect in late June.
News ID: 7389    Publish Date : 2019/11/12

Asia-Pacific styrene monomer (SM) producers are starting to reduce their operating rates after integrated producers endured a month of production losses for the first time since 2014.
News ID: 7380    Publish Date : 2019/11/12

China set winter pollution cuts of 2-3pc for east and central China today, raising ferrous price outlooks from expected steel supply cuts.
News ID: 7379    Publish Date : 2019/11/12

SteelMint in conversation with market participants learned that bids for Indian low-grade fines from China have come down this week following the decline in global iron ore price. Low-grade fines (Fe 57/58) assessment of SteelMint moved down to around USD 53-55/MT CFR China , as against the last assessment at USD 55-57/MT, CFR China .
News ID: 7376    Publish Date : 2019/11/02

Chinese private-sector steel producer Jiangsu Shagang increased its rebar ex-works prices by 60 yuan/t ($9/t) for mid-November deliveries, as rebar inventories extended their falls into November to support spot prices.
News ID: 7356    Publish Date : 2019/11/11

Indian pig iron manufacturer - Vedanta has recently concluded pig iron export deal to China last week, as per market sources report to SteelMint. The company is heard to have concluded 35,000 MT basic grade pig iron export deal to China for Nov shipment at around USD 330/MT, CFR China .
News ID: 7344    Publish Date : 2019/11/04

Crude oil futures fell on Friday amid lingering uncertainty on whether, and when, the United States and China will agree a long-awaited deal to end their bitter trade dispute, the gloom compounded by rising crude inventories in the United States.
News ID: 7329    Publish Date : 2019/11/09

South Korean paraxylene (PX) producer S-Oil has changed the pricing basis for its 2020 term contract to include Argus cfr Taiwan and China assessments.
News ID: 7322    Publish Date : 2019/11/08

Higher prices and growing demand from titanium mill products have prompted some Chinese titanium sponge producers to resume operations or boost output this year.
News ID: 7320    Publish Date : 2019/11/08

According to market sources report to SteelMint, Indian pellet export prices have moved down in recent deals concluded by Odisha based pellet maker.
News ID: 7309    Publish Date : 2019/10/31

On 30 Oct, the Tangshan government issued has issued a notification stating that it has decided to re-initiate the grade II emergency response as part of its efforts to contain heavy polluting weather that is anticipated to occur from 1 Nov'19 due to worsened particulate dispersion conditions. This measure will be effective from 31 Oct'19 and lifting time will be notified at time deemed suitable.
News ID: 7298    Publish Date : 2019/10/31

Andy Home, a Senior Metals Columnist at Thomson Reuters, said at the SMM London Metal Exchange Week 2019 that China ’s aluminium production would likely grow significantly in 2020, indicating a potential jump in exports in anticipation of relatively moderate growth in domestic demand.
News ID: 7294    Publish Date : 2019/11/06

Indian imports of metallurgical coke fell to the lowest level in more than a year as the country's steel industry struggled, while mills that were still importing moved away from China for their supplies.
News ID: 7289    Publish Date : 2019/11/06

The broad commodities market rose modestly in October. The S&P GSCI was up 1.2% for the month and up 10.0% YTD. The Dow Jones Commodity Index (DJCI) was up 1.9% in October and up 6.7% YTD. Gains were spread surprisingly evenly across the individual commodity markets
News ID: 7235    Publish Date : 2019/11/01

Chinese state-owned nonferrous metals producer Zijin Mining said today that it has agreed to buy the Timok copper and gold mine in Serbia from US-based Freeport McMoran.
News ID: 7230    Publish Date : 2019/11/04

A Chinese scrap association is lobbying the government to end a ban on ferrous scrap imports to help relieve a domestic shortage and lower steel mills' costs.
News ID: 7224    Publish Date : 2019/11/05

Singapore, 5 November (Argus) ? Indian state-controlled petrochemical producer OMPL has issued a term tender to sell from New Mangalore 570,000t of paraxylene (PX), or 50,000t each month next year except for 20,000t in April. Bids should be submitted by 13 November with validity to the next day.
News ID: 7223    Publish Date : 2019/11/05

South Korea's largest paraxylene (PX) producer SK Global Chemical (SKGC) has changed the pricing basis for its 2020 term contract to include Argus cfr Taiwan and China spot assessments.
News ID: 7120    Publish Date : 2019/11/04

Oil slipped toward $61 a barrel on Monday, falling for a second day, pressured by expectations for a rise in US crude inventories and fading optimism over a US- China trade deal.
News ID: 7100    Publish Date : 2019/10/29

According to statistics, the port inventory of chrome ore in this week is 3.299 MnT, which is 99,000 MT more than that on October 18 which was 3.2 million tons. (unpacked containers and those in bonded warehouses at Tianjin port not counted).
News ID: 7094    Publish Date : 2019/10/25

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