Market Flash

In terms of coking coal, some coal mines in Shanxi Province have been shut down in succession recently, including four coal enterprises in Anze, Linfen, two of which have been shut down in an all-round way today.

• coal

A new breakthrough has been made in the exploration of ultra deep oil wells in Tarim Oilfield under CNPC. According to Xinhua news agency, recently, luntan-1 well, the deepest onshore well in Asia, obtained industrial oil and gas flow.

• oil

US crude oil inventories (excluding strategic oil reserves) were 2.5 million barrels lower in the week ended January 10 than in the previous week, according to the EIA.

• oil

In the near future, the coal market in Inner Mongolia still maintains a stable operation, and the sales situation in the mining area is acceptable.

• chemical

Yesterday, we learned from the Economic Commission of Ningxia Hui Autonomous Region that from August 1, Ningxia will limit the production of two high energy consuming industries, ferroalloy and calcium carbide.

• calcium
• carbide

On May 21, the Economic Commission of Shanxi Province announced the list of enterprises that have eliminated backward production capacity in carbide and ferroalloy industries of Shanxi Province this year.

• calcium
• carbide

The General Administration of market supervision held a teleconference on April 4, and deployed to do a good job in price supervision in the field of prevention and control of material production.

• coating

The first quarter report of Xinjiang Zhongtai in 2008 shows that the net profit attributable to the parent company in the first quarter of 2008 was 53.9779 million yuan, a year-on-year increase of 70.02%.

• calcium
• carbide

On January 15, a message came from Shanxi calcium carbide association that the last state-owned calcium carbide enterprise in Shanxi Province, Taihua Group calcium carbide factory, went bankrupt.

• calcium
• carbide

Recently, the largest Olympic swimming pool restoration project in Europe is about to start. The Olympic swimming pool named luzhiniki is located in Moscow, the Russian capital.

• coating

Crude oil prices fell for a second straight week as signs of still ample supply offset optimism from the signing of the international trade agreement.

• oil
• price

China research and data center of Renmin University of China released China Development Index (2019) to the public on 15th.

• industry

Dengsuo, 35, is currently a driver in Kyaukpyu Management Office of Myanmar China oil and gas pipeline project.

• industry

With practical actions, Shandong electric power construction No.3 company has completed the tasks that European, American, Japanese and Korean enterprises cannot accomplish.

• industry

In terms of production area, the overall supply in Yulin area continues to be tight, supporting the stable and rising coal price in the region.

• industry

According to the statistics of China Iron and Steel Industry Association, in the middle of January 2020, the average daily output of crude steel of key steel enterprises was 1974700 tons.

• industry

On February 3, China Federation of logistics and purchasing released China logistics industry prosperity index in January 2020, which was 49.9%.

• industry

On the evening of February 4 local time, President trump delivered a state of the Union address to Congress.

• industry

Assuming that some other factors continue to balance, especially after the second quarter of 2020, we expect Brent crude to trade in the range of $55-65.

• industry

Shanxi Jincheng Municipal government website news, February 3 afternoon, the city held a coal mine resumption work deployment meeting.

• industry