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Chinese state-owned oil major Sinopec sank as much as 5% in stock markets last week following reports of massive losses from petroleum contracts and the suspension of two executives.
News ID: 3139    Publish Date : 2019/01/02

Gold closed out 2018 on a strong note, its haven demand reinvigorated by volatile trading in global equities, rising concern about the economic outlook and a drawn-out government shutdown in the U.S.
News ID: 3129    Publish Date : 2019/01/01

Iranian steel mills have produced 13.1 million tons of crude steel in the first 7 months of the current local calendar year (started on March 21, 2018), indicating a 9.8% increase in output, according to the Iranian Industry Ministry.
News ID: 3124    Publish Date : 2018/12/31

Regulatory obstacles in Indonesia could hamper coal production in 2019 and uncertainty about China 's import policy could also curb exports, even though a number of producers have announced tentative plans to raise output in the coming year.
News ID: 3123    Publish Date : 2018/12/31

Asia's ethanol market continues to face some uncertainty over China 's buying appetite amid trade tensions between Washington and Beijing, even after a temporary truce was called in the six-month long US- China trade war.
News ID: 3122    Publish Date : 2018/12/31

Technology cold war. Decoupling. Weaponized interdependence. Whatever you call it, the US- China science and technology relationship is being violently rewritten.
News ID: 3120    Publish Date : 2018/12/31

Asia-Pacific light-grade base oil prices held in a narrow range in 2018 as steady demand absorbed growing supplies. Heavy-grade prices were in a much wider range, with values surging in the first quarter of the year before sliding steadily throughout the rest of the year.
News ID: 3104    Publish Date : 2018/12/28

China 's steel sector profits fell by 26pc on the month in November, the sharpest month-on-month drop in profits this year.
News ID: 3101    Publish Date : 2018/12/28

Exports of Russian ESPO Blend crude to China will continue to rise in 2019 as other Asia-Pacific refiners turn to alternative light crudes.
News ID: 3100    Publish Date : 2018/12/28

China 's imposition of tariffs on US LNG imports has seen fewer US cargoes head to China in recent months. But the tariffs have not diminished the longer-term appetite for the ultra-cooled fuel even though recent trade numbers suggest otherwise.
News ID: 3094    Publish Date : 2018/12/27

Steel product inventories with trading firms in 20 main Chinese cities as of 18 December fell by 4.1pc from a month earlier, which has supported prices this month.
News ID: 3093    Publish Date : 2018/12/27

US cobalt prices will likely decline in the first half of 2019 as supplies of metal and upstream cobalt products outweigh demand. Meanwhile, greater output and lower production costs will outstrip a bump in indium demand over the same period.
News ID: 3092    Publish Date : 2018/12/27

China Metallurgical Group, a subsidiary of diversified metals producer Minmetals, has launched a new production plant for nickel-cobalt-manganese (NCM) ternary cathode material and scandium oxide in Caofeidian, Tangshan in north China 's Hebei province.
News ID: 3090    Publish Date : 2018/12/27

Globally, there were 1,349 announced mining deals valued at $86.3 billion through December 18 this year, up 60% from the 2017 total, according to data compiled by Bloomberg.
News ID: 3072    Publish Date : 2018/12/25

Iran considerably increased the production of its crude steel in the first 11 months of 2018, registering more than 17 percent growth as compared with last year's corresponding period.
News ID: 3033    Publish Date : 2018/12/22

Industrial metals came under renewed pressure on Tuesday after a defiant speech from China 's president Xi Jinping diminished hopes of an early settlement in the top commodity importer’s intensifying trade dispute with the US.
News ID: 2984    Publish Date : 2018/12/19

Chinese Deputy Foreign Minister Zhang Jun underlined the importance of his country's relations with Iran, specially in trade and economic fields, and Beijing's determination to continue bilateral ties in any conditions.
News ID: 2972    Publish Date : 2018/12/18

Head of Iran- China Joint Chamber of Commerce said the banking transactions between Tehran and Beijing have not been still restarted due to a series of outstanding obstacles.
News ID: 2946    Publish Date : 2018/12/17

Unipec, the trading arm of Chinese state oil major Sinopec and China ’s largest buyer of US crude oil until recently, is set to resume purchases from the United States “very soon,” and volumes are likely to be significant, a senior Unipec executive told S&P Global Platts on Saturday.
News ID: 2933    Publish Date : 2018/12/16

China 's steel consumption could fall in 2019 after it accelerated to double-digit growth this year, state-run Chinese think-tank the metallurgical planning and research institute said today.
News ID: 2879    Publish Date : 2018/12/10

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