China's export was far less than expected in November, crude oil and other commodity prices tumbled to the unexpectedly sharp drop in imports, the trade surplus hit a record high. China's economy is facing more downward pressure. China's ...
Tags: China's export, crude oil
China's consumer prices in November grew by their slowest pace in five years, official data showed on Wednesday, raising the probability of more easing measures by the central bank. China's consumer price index (CPI), the main gauge of ...
Tags: consumer prices, November's CPI
The International Air Transport Association (IATA) has reported an improvement in airlines’ financial well-being. Worldwide airline share prices rose 14% in November, supported by continued decline in the price of crude oil and jet ...
China's crude oil imports rose 8% year on year to 25.41 million mt in November, or an average 6.21 million b/d, preliminary General Administration of Customs data released Monday, December 8, showed. The volume was also up 8.9% month on ...
Tags: Oil Product, Crude Oil
Because of the slowdown of real estate and less investment in infrastructure construction, China’s steel and iron demand will show a slight growth in 2015. According to the report by China Metallurgical Industry Planning and Research ...
This year,China has cut off oil exports to north Korea and north Korea promised to stop nuclear development and announced a return to the six-party talks to resume the conditions for export. This is an action to continue to pressure on ...
Tags: Oil Exports, nuclear development
Seoul City Hall in South Korea. Andrew Hudson and Viv Lister Australian exporters are set to benefit from the KAFTA from as early as 12 December 2014, following a last-minute exchange of Diplomatic Notes between Australia and Korea, and ...
Tags: Trade Agreement, exporters, importers, Service
China's crude imports from its major suppliers, including Iran, rose significantly in October versus a year ago, save for top exporters Saudi Arabia and Angola, detailed data from the General Administration of Customs showed Saturday, ...
Tags: Crude imports, Crude Oil
It’s not bad that oil is cheaper than water despite the fact crude oil is key factor of American economy recovery. The retail trade lead by the decreasing oil price will make up the loss. A reporter from First Financial Daily said ...
Tags: Gasoline, Mineral Water
Thailand based, Indorama Ventures Public Company Limited (IVL) said in the first nine months of fiscal 2014, its core net profit skyrocketed in triple digits, from the same period of previous fiscal year. IVL, a producer of intermediate ...
Tags: intermediate petrochemicals, crude oil prices, Textile
Audi has commenced production on a pilot plant at Dresden in Germany which will produce diesel fuel from water, CO2 and green electricity. Developed in collaboration with Climeworks and Sunfire, the plant is located at Sunfire's ...
Tags: diesel fuel, green electricity, Auto
In October this year, China's crude steel output amounted to 67.52 million mt, down 0.3 percent year on year, as announced by China's National Bureau of Statistics (NBS) on November 13. During the given month, the average daily crude steel ...
Tags: Crude Steel, crude steel output
China New Borun Corporation has announced its unaudited financial results for the third quarter of 2014. Mr. Jinmiao Wang, Chairman and Chief Executive Officer of Borun, commented on the results, "We're pleased that this third quarter ...
Tags: China New Borun Corporation, financial results, Agriculture
Price slumps in the global commodity market continued to allow China to spend less while importing more, helping China save on enormous import bills, latest customs data showed. In the first ten months of this year, China imported 252.6 ...
Tags: commodity market, crude oil
A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...
Tags: Gasoil, sulfur gasoil, crude oil