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Market sentiment
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Taiwan LED Stocks Rally
Feb 21, 2017Global demand for LED chips has been picking up strongly, and is expected to finally exceed supply in 2017. In addition, Apple has recently patented a new smartphone solution that would use a range of Micro LEDs for fingerprint recognition. ...
Tags: LED chips, LED industry
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Steel Prices in China Rise Mildly
Oct 12, 2016Steel prices in China, the world's biggest steel producer and consumer, rose mildly last week as market sentiment improved slightly but demand remained subdued, latest industry data showed. China's steel industry has long been plagued by ...
Tags: Steel
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Chinese Spot Alumina Prices Continued to Rise
Oct 4, 2016Chinese spot alumina prices continued to rise Thursday as market sentiment remained strong, with the general expectation that levels will test higher after the Golden Week holidays. China will be closed October 1-7 for National Day ...
Tags: alumina prices, refiners
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IMF Cuts 2016 Global Growth Forecast to 3.1%
Jul 20, 2016The International Monetary Fund (IMF) on Tuesday revised down its forecast for global growth in 2016 and 2017, due to the uncertainty surrounding Britain's exit from the European Union (Brexit). The IMF expects the global economy to grow ...
Tags: IMF, global growth
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Call for Potent Market Supervision After Tumultuous Year
Dec 31, 2015Economists and insiders are calling for more effective goverment supervision as a year of wild swings in China's stock market is coming to an end. China fought an unprecedented and costly war in 2015 to contain wide stock market ...
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Chinese Shares Register Gains Friday on Strong Transportation Sector
Dec 28, 2015Chinese stocks posted gains on Friday as market sentiment was boosted by a strong transportation sector. The benchmark Shanghai Composite Index rose 0.43 percent to close at 3,627.91 points. The smaller Shenzhen index gained 0.37 percent ...
Tags: Shares, Transportation Sector
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Feature: LR1 Tanker Rates Surge; Europe Ullage Issues, Naphtha Demand From East
Nov 6, 2015Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships
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China Confident of Stabilizing Capital Market
Jul 6, 2015China is capable and confident it can maintain the capital market stable and sound, said a commentary of People's Daily, the flagship newspaper of the Communist Party of China (CPC). Since mid-June, the benchmark Shanghai Composite Index ...
Tags: Capital Market, stock market
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China's Stocks Close Higher on Tuesday
May 19, 2015Chinese shares ended higher on Tuesday, with the benchmark Shanghai Composite Index surging 3.13 percent, or 134.06 points, to finish at 4,417.55 points. The Shenzhen Component Index soared 3.10 percent, or 454.74 points, to close at ...
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Asian PET Margins Remain Positive on Demand Peak
May 18, 2015Asian polyethylene terephthalate production margins remain in positive territory despite a sharp fall in PET prices Wednesday, May 13, underpinned by seasonal demand peak and even sharper falls in feedstock prices, Platts data shows. ...
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Gold Demand Is Stimulated by New Trade
Apr 29, 2015Gold demand is expected to rise in China and other Asian countries along the "Belt and Road" routes in the coming few years, the China Gold Association said on Tuesday. In a report on the likely impact on the gold market, officials ...
Tags: Gold Demand, Trade Initiatives, Gold
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China Makes Effort to Stabilize Yuan Amid Depreciation
Feb 5, 2015China's central bank seems to have moved to stabilize the yuan despite mounting market sentiment that the currency has been toward the upper limit of its daily trading band for the past week. The reference rate the People's Bank of China ...
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South Asia's Economic Growth Set to Reach a Four-Year High in 2015
Jan 21, 2015Led by a pick-up in growth in India, which accounts for about 70 per cent of regional output, South Asia’s economic growth is set to reach a four-year high in 2015, according to the United Nations World Economic Situation and ...
Tags: nuclear agreement, Textile
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China LPG Prices Rebound 11-22% on Stronger Demand
Dec 29, 2014The prices of both imported and domestically produced LPG rebounded in East and South China this week, after falling 21-34% over the previous five weeks, supported by increasing demand and improving sentiment, trade sources said Friday, ...
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Offers for Alloy Track Weaker Primary Ingot Prices
Oct 15, 2014Offers for Chinese domestic spot aluminum alloy ADC12 tracked weaker primary aluminum ingot prices, industry sources said Tuesday. Platts assessed its weekly China domestic ADC12 price at Yuan 14,800-15,300/mt ($2,415-2,497/mt) ex-works ...
Tags: aluminum alloy, aluminum ingot