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    BASF, Toray ink supply agreement to bring tape technology to the auto sector

    BASF, Toray ink supply agreement to bring tape technology to the auto sector

    Toray Advanced Composites and BASF have signed a manufacturing and supply agreement focused on the production of continuous fiber-reinforced thermoplastic (CFRT) tapes for the automotive market.
    BASF automotive Toray

    2019-08-16

    Brexit hurting gas plant profits as sterling tanks

    Brexit hurting gas plant profits as sterling tanks

    Losses in the value of sterling related to Britain’s impending exit from the EU have significantly dented the profitability of UK gas-fired power plants.
    EU gas

    2019-08-16

    Asian MA softens on thin buying interest, potentially longer supply

    Asian MA softens on thin buying interest, potentially longer supply

    Asian import offers for maleic anhydride (MA) are down as sellers sought to generate buying interest.
    Asian MA

    2019-08-16

    Statistical Bureau: CPI and PPI increased slightly in July.

    Statistical Bureau: CPI and PPI increased slightly in July.

    From a year-on-year perspective, CPI rose by 2.8%, an increase of 0.1 percentage points over the previous month. Among them, food prices rose by 9.1%, an increase of 0.8 percentage points over last month.
    CPI PPI

    2019-08-16

    Consumer prices rose by 2.8% in July from a year earlier.

    Consumer prices rose by 2.8% in July from a year earlier.

    According to the website of the National Bureau of Statistics, in July 2019, consumer prices rose by 2.8% year-on-year.
    consumer price

    2019-08-16

    Ministry of Commerce: In July, the national coal price fell by 0.6% annually.

    Ministry of Commerce: In July, the national coal price fell by 0.6% annually.

    According to the Ministry of Commerce monitoring, in July, the national coal price fell by 0.6% annually, in which the prices of power coal, coking coal and anthracite decreased by 0.7%, 0.6% and 0.3% respectively.
    coal steel price

    2019-08-16

    Differentiation and adjustment of coal blending and market price trend

    Differentiation and adjustment of coal blending and market price trend

    Influenced by the continuing decline of the futures market, the domestic steel market is in a weak position.
    steel coke market

    2019-08-16

    Downstream demand is less than expected coal prices continue to decline

    Downstream demand is less than expected coal prices continue to decline

    There are only large mines on the platform for coal, few traders, mining area because of the obstruction of rainfall transportation.
    downstream coal

    2019-08-16

    The tail-warping factor weakens CPI rising trend in the second half of the year

    The tail-warping factor weakens CPI rising trend in the second half of the year

    In food, the price of fresh fruit increased by 39.1%, which was 3.6 percentage points lower than that of last month, while the price of pork rose by 27.0% and increased by 5.9 percentage points.
    CPI

    2019-08-16

     83% of the new local debt quota has been used for the whole year

    83% of the new local debt quota has been used for the whole year

    In July, local governments issued 555.9 billion yuan of local government bonds, including 376.5 billion yuan of new local government bonds.
    debt quota

    2019-08-16

    The per capita disposable income of residents increased 59.2 times

    The per capita disposable income of residents increased 59.2 times

    With the leap-forward growth of urban and rural residents'income, the income sources of urban and rural residents have also changed from single to multiple.
    disposable income

    2019-08-16

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