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China August Official Manufacture PMI: 49.7

In August, 2015, China manufacture PMI is 49.7%, decreasing by 0.3 percent point MoM, firstly lower than critical point of 50 since February, 2015.

September 09, 2015

RMB devaluation might largely exceed China prediction

Analyst and related institutions pointed out that China government actively intervened into market showing China hadn’t predicted onshore RMB would have wild devaluation within few days af

September 09, 2015

Golden September is far away from bunker market

According to JYD, since June, Baltic Dry Index (BDI) boomed to 12,222 on August 5th from 500 in June.

September 09, 2015

China foreign exchange reserve stays in global top

China August foreign exchange reserve reduced by 93.9 billion dollar, taking the largest monthly absolute decrease range, largest monthly percentage decrease in past three years.

September 08, 2015

How to front crude wave and coming new market order?

For China helmsmen, how to steel the boat sailing through next surf of crude fall and vortex of petroleum market reform, following are several instructions for reference:

September 08, 2015

The fourth batch of oil product export quota totalled 9.9 mil tonnes

The Chinese authorities allocated the year’s fourth batch of oil product export quota totaling 9.9 mil tonnes at the end of August, with 6 mil tonnes for Sinopec and 3.25 mil tonnes for Pe

September 08, 2015

Domino of crude price will reform a fresh market order

Along with series of significant adjustments of US financial supervision, crude price will likely reach new low amid chaotic fluctuation in a certain period. Moreover, crude pricing rule, pe

September 08, 2015

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