Market Flash

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

From the August monthly indicators, industrial production slowed down slightly, service industry growth accelerated, while market sales remained stable.

• economy

Jincheng Online News, according to the data of Jincheng Survey Team of the National Statistical Bureau, shows that coal prices in Jincheng continued to decline in the first half of August.

• coal
• price

Focus on power coal: production area, Shaanxi Province in the production of coal mining lump coal sales are good, low inventory, more coal-pulling vehicles,.

• coal

In the whole country, the reduction of bulk coal in 2018 is about 61 million tons, and the contribution of the reduction of bulk coal in the industrial field is 72%.

• bulk
• coal

Since this year, domestic iron and steel production has maintained a high-speed growth.

• iron
• growth

Despite the distance from the 13th Five-Year Plan, there is still more than a year to go before the end of 2020, but according to the procedure, 2019 is the 14th Five-Year Plan Start-up year of planning.

• development

Consumption has been the first driving force for China's economic growth for six consecutive years, reflecting the overall trend of "steady progress" in the field of consumption.

• China
• economy

Up to now, 5 cases have been filed, and 4 households have been banned from operating bulk coal illegally.

• coal

Since September, the coal market has gradually improved. The main contracts of domestic coke, coke and power coal futures have increased by 6.03%, 3.82% and 0.82% respectively.

• coal
• future

Since 2016, China's supply-side structural reform has been further promoted.

• high-quality
• development

Up to now, Qinhuangdao Port has 5.47 million tons of coal, a decrease of 870,000 tons compared with August 20.

• port

According to the monitoring data, on September 12, China's coal price index (the national composite index) was 156.8 points, down 0.4 points from the previous period.

• coal

Since the "8.13" explosion in Suide, Yulin, Shaanxi Province, think tanks have been paying more attention to the coal production in Yulin City.

• coal