Asia
Asia
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India's Cotton Yarns Exports Show Robust Growth Generally Witnessed Every April
May 21, 2014A study conducted by The Cotton Textiles Export Promotion Council, (Texprocil) has revealed that India's cotton yarns exports are meeting their targets barring the seasonal fluctuations generally witnessed every April and inspite of high ...
Tags: Cotton Yarn, Cotton Yarn Exports
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The Exports of Fabric and Garments From The Southeast Asian Nation of Vietnam up 21.3 %
May 21, 2014The exports of fabric and garments from the Southeast Asian nation of Vietnam jumped 21.3 percent year-on-year to US$ 5.991 billion in the first four months of 2014, according to the preliminary data released by the Customs IT & Statistics ...
Tags: Fabric Exports, Garment Exports
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China's Ministry of Commerce Issued Import Licenses for a Total of 108.8685 Million Mt
May 21, 2014On May 20, the China Iron and Steel Association (CISA) announced that in April this year China's Ministry of Commerce issued import licenses for a total of 108.8685 million mt of iron ore, down 3.87 percent month on month, valued at $11.892 ...
Tags: Iron Ore, Iron Ore Import
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Domestic Iron Ore Concentrate Prices in Hebei Province Have Declined by an Average 5.7%
May 21, 2014Domestic iron ore concentrate prices in north China's Hebei province have declined further by an average 5.7% or Yuan 55/dmt ($11) over the week, in response to both lower domestic steel prices as well as weakening imported iron ore prices, ...
Tags: Iron Ore, Concentrate Prices
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PVC Market Prices Across Asia May Rise as of June Offers on Reduced Market Supply
May 21, 2014PVC market prices across Asia are expected to rise as of June offers on reduced market supply from Taiwan, Japan and India, market sources at the Asia Petrochemical Industry Conference in Pattaya said Thursday. Market participants said ...
Tags: PVC Prices, VCM Shortages
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3m Barrels of Abu Dhabi's Murban Crude Is Expected to Move Into The Mediterranean
May 21, 2014Nearly 3 million barrels of Abu Dhabi's Murban crude is expected to move into the Mediterranean in June, according to traders, as weaker demand in Asia and expectations of a bullish summer in the Mediterranean Urals market have attracted ...
Tags: Asian Demand, Murban crude
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China's Foreign Trade in 2Q14
May 20, 2014According to customs statistics, in the first quarter of 2014, the national import and export is 5.9 trillion yuan, fell by 3.7% year-on-year. Among them, the export is 3 trillion yuan, down 6.1%; Imports is 2.9 trillion yuan, down 1.2%; ...
Tags: Economy, Foreign Trade, China
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The Global Economic Recovery Depends on Chinese Luxury Consumption
May 20, 2014Britain's observer newspaper published, analyze the global economic recovery "why depends on China's taste for luxury goods. Report points out that Chinese consumers taste, interest and attitude continues to change, but the west of export ...
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The Volume of Metallurgical Coke Exports Increase to 329,000 Mt
May 19, 2014In the January-April period this year, the volume of metallurgical coke exports from China's Shanxi Province indicated a 5.1-fold year-on-year increase to 329,000 mt, according to the customs authorities in Taiyuan, capital city of Shanxi, ...
Tags: Coke Exports, metallurgical coke
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Moody's Has Upgraded The Erdemir's Corporate Family Rating to Ba3
May 19, 2014International credit rating agency Moody's has announced that it has upgraded the Turkish steel producer Erdemir's corporate family rating to Ba3, affirming the rating outlook as stable. Moody's stated that the upgrade was prompted by ...
Tags: steel producer, credit rating
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South Korea's Imports of Iranian Crude in April Increased 8.9%
May 19, 2014South Korea's imports of Iranian crude in April increased 8.9% year on year to 552,884 mt, or an average 135,088 b/d, from 507,821 mt a year ago, preliminary data released Thursday by the Korea Customs Service showed. Its April Iranian ...
Tags: Crude Oil, crude imports
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Korea Gas Corp Imported 12.61 Million Mt of LNG in The First Quarter, up 0.5%
May 16, 2014South Korea's state-owned Korea Gas Corp imported 12.61 million mt of LNG in the first quarter, up 0.5% from 12.55 million mt a year earlier, the company said in a statement Wednesday. All of the volumes were imported under long-term ...
Tags: LNG Imports, LNG
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Freight Rates to Ship Coal From Qinhuangdao Port Fell for a Third Straight Week
May 16, 2014Freight rates to ship coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou fell for a third straight week, Qinhuangdao port said Tuesday. Rates from Qinhuangdao to Zhangjiagang for ...
Tags: Coal stocks, Qinhuangdao Port
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Despite a Recovery in Copper Prices, Market Analysts Were Bearish on The Metal's Price
May 16, 2014Despite a recent recovery in London Metal Exchange copper prices, market analysts were still bearish this week on the metal's price for the rest of this year, based on factors such as a surge in supply and a weak Chinese construction ...
Tags: copper, copper prices
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China's GDP Is Expected to Surpass America's to Become The First
May 16, 2014Financial Times reported that in 2014 the United States may be losing its status as the world's largest economy, giving way to China earlier than expected. Most economists had predicted China's economy will become the first in 2019. Since ...
Tags: China's GDP, GDP, Economy
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