FLASH: Anglo American rejects BHP's takeover proposal
Anglo American, a leading global mining company, has officially declined a GBP 31.1 billion ($38.9 billion) takeover proposal from its industry counterpart BHP. The rejection comes as Anglo American deems the proposal is "opportunistic" and fails to adequately reflect the company's future potential,
Apr 26, 2024 16:15
Russian coal production rises 10% MoM in Mar
Russia's production of all types of coal in March rebounded by a marked 10.1% on month to reach 38.1 million tonnes, which was also higher by 4.4% on a yearly basis, according to the new data issued by the Rosstat, the country's Federal State Statistics Service.
Apr 26, 2024 15:15
FLASH: Most-traded SHFE SC crude contract price 2024.04.26
Daily price reporting of the most-traded SHFE SC crude oil futures contract. Unit: RMB Yuan/bbl
Apr 26, 2024 15:10
FLASH: NIO reaches a charging and swapping cooperation with Lotus
On April 25th, NIO announced that it had officially reached a charging and swapping strategic cooperation with Lotus. Both parties will carry out comprehensive and deep strategic cooperation in battery standards, charging and swapping technology, battery asset management and operation, charging and
Apr 26, 2024 09:25
FLASH: Imported LNG cargoes to down 26% in next 7 days
China was expected to receive 17 cargoes or 1.16 million tonnes of LNG in next seven days, down 26.11% from 1.57 million tonnes issued on April 22, including 0.49 million tonnes from Australia, 0.15 million tonnes from Oman and 0.13 million tonnes from Malaysia, according to OilChem's data on April
Apr 26, 2024 08:18
FLASH: China LNG factory inventory drops
China LNG factory inventory was 344,100 tonnes by April 25, a decrease of 200 tonnes from last trading week, according to OilChem, owing to better sales. Written by Sunny Fang, fss@oilchem.net Edited by Aggie Hu, huchenying@mysteel.com
Apr 26, 2024 08:16
FLASH: China LNG sales volume tumbles
China LNG sales volume was 852,100 tonnes from April 18 to April 24, a decrease of 14,600 tonnes or 1.68% from last trading week, according to OilChem, due to weakening demand amidst rising LNG prices. Written by Sunny Fang, fss@oilchem.net Edited by Aggie Hu, huchenying@mysteel.com
Apr 26, 2024 08:15
FLASH: China LNG sales-output ratio declines
The sales-output ratio of China domestic LNG factories was 99.49% from April 19 to April 25, down 1.93 percentage points compared with previous trading week, according to OilChem, due to weakening demand amidst rising LNG prices. Written by Sunny Fang, fss@oilchem.net Edited by Aggie Hu, huchenying
Apr 26, 2024 08:14
FLASH: China LNG production rises
The actual production of China LNG factories was 464,400 tonnes from April 19 to April 25, up 0.93% from last week, according to OilChem, due to the production increase of some plants. Written by Sunny Fang, fss@oilchem.net Edited by Aggie Hu, huchenying@mysteel.com
FLASH: Shandong independent refineries inventory rate 2024.04.26
OilChem weekly survey of Shandong independent refineries' storage capacity utilization rates. Unit: %
Apr 26, 2024 00:00
Met coke prices: Jinzhou
Met coke prices: Handan
Copper scrap prices: Shanghai
Copper scrap prices: Linyi
Copper scrap prices: Taizhou