Economy
Economy
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PPI Decreased by 2.0 Percent Year on Year and Was Down 0.2 Percent Month on Month
May 12, 2014In April this year, China's producer price index (PPI) decreased by 2.0 percent year on year and was down 0.2 percent month on month, according to data released by China's National Bureau of Statistics (NBS) on May 9. Meanwhile, in April ...
Tags: China's PPI, CPI
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The Average Aggregate Daily Crude Steel Output Totaled 1.7959 Million Mt
May 12, 2014On May 9, the China Iron and Steel Association (CISA) announced that in late April (Apr. 21-30) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7959 million mt, up 2.66 ...
Tags: Crude Steel, Iron and Steel
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China Exported 7.54 Million Mt of Finished Steel in April This Year
May 9, 2014China exported 7.54 million mt of finished steel in April this year, up 11.5 percent month on month, while it exported 25.87 million mt of finished steel in the January-April period of the year, rising by 29.5 percent year on year, ...
Tags: Finished Steel, coke
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China's Total Foreign Trade Value Amounted to $358.627 Billion
May 9, 2014In April of the current year, China's total foreign trade value amounted to $358.627 billion, indicating a year-on-year increase of 0.8 percent, as announced by the Chinese customs authorities on May 8. In the given period, the total value ...
Tags: Foreign Trade
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The Prices of Pig Iron in Hebei Province Traded at Yuan 2,470-2,480/Mt
May 9, 2014The prices of L8 and L10 steelmaking pig iron in northern China's Hebei province traded at Yuan 2,470-2,480 ($401-403)/mt on Tuesday, up from Yuan 2,420-2,470/mt on April 1, both inclusive of 17% VAT. The slight rise in prices was ...
Tags: Pig Iron, Steelmakers
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China's Manufacturing Contracted But The Pace of Decline Was Less Severe
May 8, 2014China’s manufacturing contracted in April for the fourth straight month but the pace of decline was less severe, suggesting the downturn in the world’s No. 2 economy is bottoming out. HSBC’s purchasing managers’ ...
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China May Increase Coal-Fired Capacity in 2014 and 2015 to Maintain Power Supply Security
May 8, 2014China is expected to increase its coal-fired capacity in 2014 and 2015 to maintain power supply security, but that might not significantly boost thermal coal prices as the market is oversupplied, analysts at UBS Securities said in a ...
Tags: Coal-Fired Capacity, Thermal Coal
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The Overall Average Finished Steel Price in China Declined by 0.1 Percent
May 7, 2014On May 6, China's Ministry of Commerce (MOC) announced that during last week (April 28-May 4) the overall average finished steel price in China declined by 0.1 percent compared to the previous week. In the given week, the average prices ...
Tags: Finished Steel, welded pipe
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PMI for China's Manufacturing Sector Was at 50.4 Percent in April of The Current Year
May 6, 2014The purchasing managers' index (PMI) for China's manufacturing sector was at 50.4 percent in April of the current year, up 0.1 percentage point compared to March, constituting the second consecutive month-on-month rise by 0.1 percentage ...
Tags: PMI, manufacturing sector
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PMI for The Chinese Steel Sector Stood at 52.6 Percent
May 6, 2014In April this year, the purchasing managers index (PMI) for the Chinese steel sector stood at 52.6 percent, surging by 8.4 percentage points as compared to March and exceeding the 50 percent threshold for the first time since September ...
Tags: Steel Sector, PMI
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The Average Price of New Residential New Residential Housing in 100 Major Cities in China
May 6, 2014In April this year, the average price of new residential housing in 100 major cities in China rose by 0.1 percent month on month to RMB 11,013 ($1,796.6) per square meter, as announced by the China Index Academy, a Beijing-based real estate ...
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Chinese Aluminum Stocks Fell 0.5%, Halting a 14-Week Upward Trend in Weekly Stock Levels
May 6, 2014Chinese aluminum stocks at Shanghai Futures Exchange warehouses fell 0.5% Wednesday, halting a 14-week upward trend in weekly stock levels, according to data released late Wednesday by the bourse. Aluminum inventories at SHFE warehouses ...
Tags: Aluminum Stocks, Aluminum Futures
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Inventory of Iron Ore at 33 Major Chinese Ports Amounted to 108.31 Million Mt
Apr 30, 2014As of April 28, inventory of iron ore at 33 major Chinese ports amounted to 108.31 million mt, down 100,000 mt or 0.09 percent compared to the inventory level recorded on April 21, as announced by China's Xinhua News Agency. As of the ...
Tags: Iron Ore, spot market
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GCL-Poly Aims to Increase Its Production Capacity for Solar-Grade Crystalline Silicon
Apr 30, 2014China-based GCL-Poly Energy Holdings aims to increase its annual production capacity for solar-grade crystalline silicon wafers to 11.5GWp, according to China-based media reports. GCL-Poly produced about 9.0GWp of solar wafers in 2013, ...
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Taiwan's Economic Growth Rate Has Been Upward Adjusted From 3.02%
Apr 30, 2014Taiwan's economic growth rate, on-year growth in GDP, in the first quarter of 2014 has been upward adjusted from 3.02% estimated in February 2014 to 3.04%, according to advance estimates released by the Directorate General of Budget, ...
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