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Blind consolidation cannot help cut steel overcapacity

It is pretty ironic that the steel sector is receding in terms of concentration rate. Before significant combination, the steel sector’s concentrate rate (market share of top ten steelmake

5-18-2016 17:44:05

M100 margins increased to CNY286/mt amid warming market

This week, based on CNY3,200/mt of Russia M100 spot ex-terminal barge price at Shandong market on May 18th, the theoretical loss of processing imported straight-run oil at Shandong teapots w

5-18-2016 17:31:18

Shandong teapots run rate settled at 52.67%

According to JYD statistics from 41 Shandong teapots, up to May 18th, 2016, the CDU run rate ended up by 0.18 percent WoW to 52.67%

5-18-2016 17:29:49

Production schedule of Zhongtian Hechuang Energy being released

In the second half of 2016, newly-added PP capacity expansion will reach up to 2.7million mt, dominant with CTO units. Zhongtian Hechuang Energy, with 700,000mt PP unit has a large impact on

5-18-2016 17:13:21

Methanol price in inland market slips

In the third week of May 2016, methanol price in China inland market drops generally.

5-18-2016 16:27:04

NEA: April electricity consumption increases by 1.9% YoY to 456.9 bln KWH

According to the National Energy Administration (NEA), China’s social electricity consumption amounted to 456.9 billion KWH in April, with a yearly growth of 1.9%.

5-18-2016 15:22:00

A new CNY4 trillion stimulus hard to boost iron ore prices

China plans to invest CNY4.7 trillion (about $720 billion) in 303 transportation infrastructure projects over the next three years, which however is hard to drive up commodity prices largely

5-18-2016 14:42:54

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