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
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