News
Fast withdrawing of speculative capital built crude at $40/bbl in 2014. Comparing with that, speculative capital now is holding the large-scale position. Statistics shows position closing st
8-28-2015 16:01:08
Angang Steel Co., China’s fourth-largest mill by output, said first-half earnings fell by 73 percent as the market price for steel products in China declined because of oversupply.
8-28-2015 15:29:26
China’s National Bureau of Statistics showed, in the first half of 2015 the total output of plastic products in 7,140 enterprises was 34,807,400 mt, up by 1.46% YoY.
8-28-2015 15:09:57
Bearish sentiment, such as output increase of OPEC and US, the end of gasoline seasonal demand, RMB exchange rate reform and worries about crude demand of China, hit the crude price sharply.
8-28-2015 11:12:19
According to CICC report, China macro tax bearing rate was as high as 37% in 2014, far beyond the rates of advanced countries which were averaged between 30%-35%.
8-28-2015 09:53:52
On August 22th, an explosion occurred to Shandong Runxing Chemical. This company was established in 2012 and the construction was finished in July.
8-27-2015 17:58:38
According to the General Administration of Customs, China imported 68,700 mt of polyester chip from January to June, 2015, which was averaged at $1,556/mt.
8-27-2015 17:58:12
