Market Flash

In the first half of 2019, the operating income of Shanghai Petrochemical Company decreased by 0.37% to 519.9 billion yuan (unit: Renminbi).

• Aromatics

Shenhua, the world's largest coal listed company, handed over its first half report card. On the evening of August 23, Shenhua China issued a semi-annual report showing that the company's revenue in the first half of the year was 116.365 billion yuan.

• coal

In keeping with India’s solar targets and the vision of ‘Make in India’, the country should take up full value chain of solar manufacturing from polysilicon to modules.

• solar
• PV

European monoethylene glycol (MEG) margins and spot prices have been under pressure for the majority of 2019 and it is unclear if any respite is on the horizon.

• Europe
• MEG

Increased electrification, interconnectors and large data centres will be crucial to balance out an expansion of wind capacity expected in the coming years, according to Norwegian power grid operator Statnett.

• wind
• power

By the end of August 2019, a number of pilot counties will be selected and determined, and pilot plans will be formulated. The preliminary draft of pilot county planning will be completed by the end of December.

• Agricultural
• Industrial
• Park

With the further marketization of China's economy, the demand for risk management of enterprises is increasing day by day, and the financial derivatives market provides enterprises with various means and tools for risk management.

• coal
• enterprises

On June 26, the 12th Session of the 13th Standing Committee of the National People's Congress voted to pass China's first resource tax law.

• Tax
• Law

Sino-US economic and trade frictions have lasted for more than a year. Recently, the United States has repeatedly unilaterally escalated frictions.

• consumer
• goods

Coal prices for power plants in Asia have fallen to their lowest level in three years as demand in India and China, the two largest coal consumers, has fallen.

• coal
• price

With the development of information technology, OCR recognition, machine learning and other emerging technologies have been deeply applied in the financial field.

• technology

The Business Prosperity Index of August released by the German IFO Institute of Economics fell to 94.3 from 95.8 last month.

• German
• business

According to Qingdao Daily, on the same day, equity transfer agreements of Qingdao Port, Yantai Port, Rizhao Port and Bohai Bay Port Group were signed in Qingdao.

• port
• integration

Guinean media Guineematin.com recently reported that the Guinean government plans to reduce the number of drug importers by a large margin, with the ultimate goal of reducing the number to four.

• Guinea
• drug
• import

August 19, the reporter learned that Tianmao cosmetics protection on-line in recent days, the rapid entry of the investment model.

• cosmetics
• store

Recently, due to the insulting remarks of Japanese DHC, some H&B stores dropped DHC and stopped selling the brand-related products.

• DHC

In the past, restaurants, cafes and other business units had to obtain food business licenses for more than a month; now, only one day can be done.

• Food
• Licensing

August continued to be hot and hot, this should be the off-season pork market, prices should have fallen. But this year, the situation is extremely unusual.

• pork
• production

Yesterday, the American Delegation released a set of summer economic data, showing that this summer, Yangcheng takeout unit volume increased by 20% compared with the same period last year.

• takeout

Since August, the price of pork has increased substantially, and the average price of domestic pigs has risen to more than 16 yuan per catty, which has set a new price for many years.

• food
• supply