China 's power consumption for March has fallen on weaker demand from the manufacturing and services sector even as household use rose, suggesting that the nation's economy is still struggling to recover from the impact of the Covid-19 pandemic.
News ID: 9192 Publish Date : 2020/04/20
Economic growth in Asia-Pacific will stall in 2020 in the worst slump for over 60 years, and the region should not expect to be bailed out by a major stimulus package from China , the IMF said.
News ID: 9176 Publish Date : 2020/04/16
A recent surge in Chinese spot purchases of semi-finished and finished steel products may start to wane soon as a rebound in seaborne prices has narrowed margins for imports.
News ID: 9174 Publish Date : 2020/04/16
Polymer inventories in China are continuing to fall, signalling convertors' return to resin buying after a months-long coronavirus-related lockdown in the country.
News ID: 9172 Publish Date : 2020/04/16
On Tuesday, April 14, China ’s State Grid announced to invest RMB 2.7 billion in total to construct charging piles. It said it plans to build 78,000 charging piles in 2020, which is 10 times more than the addition last year.
News ID: 9162 Publish Date : 2020/04/15
India has increased its exports of paraxylene (PX) following a nationwide lockdown since 25 March, putting pressure on discounts for cfr China cargoes.
News ID: 9154 Publish Date : 2020/04/15
High-grade iron ore pellet premiums into China fell this week, weighed down by increased Ukrainian and Russian supplies diverting from Europe.
News ID: 9095 Publish Date : 2020/04/09
China is poised to cut oil product exports in April as lockdowns across the world to limit the coronavirus pandemic sapped global demand, according to refiners, traders and analysts.
News ID: 9083 Publish Date : 2020/04/08
China is planning to expand and consolidate refinery capacity in the northeastern city of Daqing, in a move that could boost imports of Russian crude and help drive GDP growth in the industrial region.
News ID: 9074 Publish Date : 2020/04/08
Polymer inventories in China have slipped slightly as the country gradually returns to work after the months-long Covid-19 lockdown.
News ID: 9067 Publish Date : 2020/04/08
China 's state-controlled Xi'an Railway group has reduced rail costs by 20-26pc for cargoes departing from some parts of Shaanxi, the country's third-largest coal producing province, to encourage more domestic industrial activity and cut coal logistics costs.
News ID: 9056 Publish Date : 2020/04/07
The coronavirus pandemic is likely to create a further impact on China ’s aluminium exports as a greater part of the world has come under lockdown to contain the spread of the virus.
News ID: 9033 Publish Date : 2020/04/02
Commercial air traffic in China picked up in March from a month earlier, but was still down by more than half from levels before the coronavirus outbreak, China 's civil aviation administration (CAAC) said.
News ID: 9025 Publish Date : 2020/04/02
Chinese investment holding company Evergrande Health is on target to start commercial production next year of its Hengchi series new energy vehicles (NEVs).
News ID: 9010 Publish Date : 2020/04/01
Mongolia has gradually resumed coal exports to China through four border points from earlier this week, after two delayed restarts since exports halted in early February.
News ID: 9009 Publish Date : 2020/04/01
Ministry of Industry and Information Technology (MIIT) is actively cooperating with relevant ministries and commissions to study policies and suggestions for boosting and stabilising automobile consumption in China . Such was the statement of Xin Guobin, Deputy Minister of MIIT at a press conference during China ’s Manufacturing Industry Resumption Meeting on Monday, March 30.
News ID: 8994 Publish Date : 2020/03/31
Polymer futures on China 's Dalian Commodity Exchange (DCE) rebounded slightly today after hitting fresh 16-year lows yesterday, hit by the global spread of the coronavirus and slumping crude prices.
News ID: 8991 Publish Date : 2020/03/31
China 's steel sector purchasing managers index (PMI) rose in March, as steel demand resumed with more production restarts with the country's coronavirus outbreak deemed to be under control.
News ID: 8989 Publish Date : 2020/03/31
China ’s aggressive efforts to expand its 5G wireless network bode well for silver demand, said BMO Capital Markets.
News ID: 8982 Publish Date : 2020/03/30
Prices of waste-biodiesel and feedstock exports from China have fallen by 20-30pc since the coronavirus outbreak emerged, with further declines possible as the virus continues to spread in Europe.
News ID: 8961 Publish Date : 2020/03/30