China's central bank said Monday the Chinese currency has the fundamentals to remain stable relative to a basket of currencies after a change on Friday in the way the renminbi's value is calculated. The fundamentals include a high ...
Tags: RMB, Central Bank
Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...
Platts assessed spot aluminum premiums on a CIF Japan basis at $90-$100/mt plus London Metal Exchange cash on Tuesday, up from $90-$95/mt plus LME cash on Monday as sellers held on to higher premiums. Two overseas sellers said they would ...
After more than doubling its strategic oil reserves since last year, China may apply the brakes to its buying spree as storage availability is expected to be limited, while a climate of depressed prices will reduce any urgency to snap up ...
Tags: Oil Reserve, crude, oil price
On December 1, 2015, the Ministry of Commerce released the No.60 announcement, publishing the final decision on the imported methyl methacrylate originating in Singapore, Thailand and Japan. MOFCOM affirmed that dumping exists in the ...
Tags: MOFCOM, Anti-dumping Investigation, Methyl Methacrylate
On December 3 2015, the High-level Dialogue between Chinese-African Leaders and Business Communities and the 5th Conference of the Chinese and African Entrepreneurs, jointly held by the Chinese Ministry of Commerce, China Council for the ...
US methanol imports in October were nearly 50% lower than the year-ago month as expanded domestic capacity has impacted import demand, according to data released by a trade group on Thursday. October US methanol imports reached 249,000 ...
China Petroleum and Chemical Corp., or Sinopec, has reduced its North China toluene ex-factory offers by Yuan 200/mt ($30.97/mt), or about 4%, Tuesday, amid weakness in demand and the yuan, an industry source said. Its North China ...
US-based beer brewer Pabst Brewing Company (PBC) has entered into a long-term distribution partnership with Vermont Hard Cider Company, which is manufacturer of American cider. The agreement entails that Vermont Hard Cider will sell ...
Certain LED manufacturers have turned their attention to niche lighting market applications in the wake of declining LED profits, but MLS is ambitiously vying the IC semiconductor industry and emerging markets to boost its profitability in ...
Tags: MLS, IC Semiconductor, LED display
Standard Motor Products, announces the addition of 730 new part numbers to its Intermotor line of genuine import parts. The release expands coverage to an additional 276 million VIO for the year 2015. Intermotor's sensor category received ...
Tags: Standard Motor Products, Intermotor's sensor, Motorcycle Parts
Standard Motor Products (SMP) announces the addition of 1,100 new part numbers to its BWD engine management line, covering domestic and import vehicles. The BWD line expansion features more than 513 million additional VIO with new key ...
Tags: SMP, BWD engine, sensors, door lock, power seat
Offers for Chinese domestic spot aluminum alloy ADC12 held steady after the previous week's fall due to a plunge in the primary aluminum price, sources said Tuesday. Despite the rebound in the primary aluminum price this week, sources ...
Tags: aluminum alloy, ADC12
Vietnam National Coal-Mineral Industries, or Vinacomin, plans to import 1.5 million-2 million mt of coal in 2016, up from about 500,000 mt this year, the company said Thursday. Vinacomin's coal imports are expected to hit 10 million mt in ...
Calpine plans to suspend operations on February 22, 2016 at its 91-MW cogeneration facility near Houston, but a major transmission project on which state regulators are to decide Thursday was not a factor, a spokesman said. The Electric ...
Tags: natural gas, Calpine, ERCOT