Market Flash

On September 11, data released by the China Automobile Industry Association showed that from January to August 2019, 16.1 million vehicles were sold nationwide.

• automation

The Comprehensive Office of the Leading Group of Shanxi Iron and Steel Coal Industry to Resolve Overcapacity and Realize Over-Difficulty Development has released a list of 18 coal mines to be closed in 2019.

• overcapacity

On September 11, 2019, the BDI index closed at 2366, down 27 points, or 1.13%, from the previous trading day.

• BDI

The National Bureau of Statistics will today (16) release a number of macroeconomic data on retail sales of consumer goods, investment in fixed assets and industrial added value above scale in August 2019.

• consumption

According to the data of Jincheng Investigation Team of National Statistical Bureau, the trend of coal price in Jincheng in August continued to decline in the first half of the year.

• coal

On September 2, Guizhou Provincial Science and Technology Department and Guizhou Provincial Energy Bureau issued a list of mechanized mining technologies for "key 4%" coal mines in Guizhou Province.

• industry
• technology

According to the Ministry of Commerce, the head of the Foreign Trade Department of the Ministry of Commerce introduced the situation of China's foreign trade from January to August 2019.

• import
• export

On September 9, the SASASAC website released the appointment and removal of 43 leaders from 26 central enterprises, of which several positions of leaders from energy central enterprises changed, involving the coal industry.

• SASASAC

In July, the production of industrial raw coal and crude oil above the scale accelerated, while the production of natural gas and electric power slowed down.

• crude
• oil

Iron and steel is called the grain of industry.

• iron
• steel

According to China Customs data, China's coal and lignite imports grew in the first quarter of 2019.

• coal
• industry

According to preliminary statistics released recently by the Central Bank, the total assets of China's financial institutions at the end of the second quarter of 2019 were 308.96 trillion yuan.

• asset

The rule is composed of general rules and some rules, including six chapters and 72 articles.

• PPP

2019 is the middle year of implementing the winter clean heating plan in the north.

• bulk
• coal

According to the statistics bureau's website on September 16, in August 2019, the value-added of industries above scale grew by 4.4% year-on-year.

• industry

On September 16, the second comprehensive landing was completed in the year, releasing about 800 billion yuan of funds.

• fund

Crude steel output in August was 87.25 million tons, an increase of 9.3% over the same period last year.

• steel
• output

Asia’s methyl ethyl ketone (MEK) sentiment in the near term is mixed on differing outlooks after the week-long holidays in China.

• MEK

Biotechnology major, Biocon, said it has received a total of eight observations from the US health regulator for its two new biologics manufacturing facilities in Bengaluru.

• Biocon

PI Industries has executed an offer with Isagro S.p.A (a company incorporated in Italy, the promoter and existing shareholder of Isagro Asia) for acquisition of the business of Isagro Asia.

• PI