China

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China 's Chambroad Petrochemical is planning to build two 600,000 t/yr polypropylene (PP) units as part of a 5.17bn yuan ($728mn) propylene plant with 2.04mn t/yr of raw material processing capacity.
News ID: 9496    Publish Date : 2020/05/15

The impact from the Covid-19 pandemic will continue to pressure global oil prices but a shift in consumer patterns because of lockdowns may weigh on oil demand in the longer term, according to research by China 's biggest state-controlled refiner Sinopec.
News ID: 9387    Publish Date : 2020/05/08

US and Chinese trade negotiators have reiterated their commitment to the countries' "phase one" trade agreement in a high-level call, following days of increasingly heated accusations over the Covid-19 pandemic.
News ID: 9386    Publish Date : 2020/05/08

China 's Yunnan government has allocated this year's first batch of tungsten mining quotas to nine counties, totalling 3,300t.
News ID: 9383    Publish Date : 2020/05/08

A fall in demand because of the Covid-19 pandemic hit US fuel ethanol exports to Asia in March while industrial grade sales rose, according to customs data.
News ID: 9376    Publish Date : 2020/05/08

Aluminium ingots inventories in South China ’s Guangdong province stood at 243,400 tonnes, as of April 30, down 191,400 tonnes or 44 per cent from a month earlier. Record-high shipments from warehouses and strong consumption amid low arrivals of stocks were the two primary reasons behind the dip in inventories.
News ID: 9359    Publish Date : 2020/05/07

China has issued its second batch of oil product export quotas for this year, again restricting exports to state-controlled firms.
News ID: 9348    Publish Date : 2020/05/06

Oil prices fell in early trade on Monday, paring last week’s gains, on worries the global oil glut may persist as US- China trade tension could hold back an economic recovery even as coronavirus pandemic lockdowns start to ease.
News ID: 9333    Publish Date : 2020/05/04

China ’s March crude oil imports from top supplier Saudi Arabia fell 1.6% from a year earlier, while purchases from No. 2 supplier Russia rose 31%, Reuters’ calculations based on customs data showed on Sunday.
News ID: 9310    Publish Date : 2020/05/03

US coking coal prices have taken another tumble this week, on lower Asia-Pacific transaction levels and weak buying interest outside of China .
News ID: 9282    Publish Date : 2020/05/01

China 's construction and manufacturing sectors have recovered fast enough from the impact of the Covid-19 outbreak to work down its record steel inventories to more typical levels, providing one of the few supports to global steel markets.
News ID: 9275    Publish Date : 2020/04/30

China 's two largest oil companies state-controlled Petro China and Sinopec slumped to big losses in the first quarter as the impact of the Covid-19 outbreak hit their domestic refining operations.
News ID: 9265    Publish Date : 2020/04/29

China 's domestic LPG demand has returned close to typical levels for this time of the year, as a sense of normalcy returns after lockdowns ease across the country.
News ID: 9264    Publish Date : 2020/04/29

Seaborne spot premiums for iron ore pellet have come under further pressure this week from diversions into China , while concentrate premiums are unchanged.
News ID: 9261    Publish Date : 2020/04/29

Low-sulphur bunker prices at China 's main ports have moved to a discount to prices in Singapore, drawing some business away from the southeast Asian bunkering hub.
News ID: 9238    Publish Date : 2020/04/27

China 's domestic cold-rolled coil (CRC) prices have fallen to three-year lows because of a slow recovery in the auto sector, forcing mills with negative margins to make production cuts.
News ID: 9236    Publish Date : 2020/04/27

China maintained strong crude imports from Russia and Saudi Arabia in March, but again took no US cargoes despite reducing import tariffs a month earlier.
News ID: 9234    Publish Date : 2020/04/27

China will exempt the purchase tax on new energy vehicles (NEVs) for next year and 2022.
News ID: 9220    Publish Date : 2020/04/22

Qatar's state-owned QP has reserved capacity at China 's Hudong Zhonghua shipyard for the construction of LNG carriers to serve its North Field expansion plans.
News ID: 9217    Publish Date : 2020/04/22

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

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