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Date:2012/06/11
According to the data released by CISA (China Iron and Steel Association), Chinese registered steelmakers have contributed a daily crude steel output of 1.6122 million tons in late May of this year, decreasing by 4.72% from middle May. Meanwh...
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Date:2012/06/13
Chinese stocks opened slightly higher Wednesday with the benchmark Shanghai Composite Index opening flat at 2,289.71.
The Shenzhen Component Index opened at 9,835.41, up 0.46 percent.
Source: Xinhua
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Date:2012/06/08
Chinese stocks opened higher Friday, after the central bank's move to cut interest rates for the first time in over three years to buoy a slowing economy.
The benchmark Shanghai Composite Index gained 0.57 percent to open at 2,306.22.
The...
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Date:2012/06/13
The Chinese currency Renminbi, or the yuan, strengthened 21 basis points to 6.3271 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to ris...
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Date:2012/06/08
The Chinese currency Renminbi, or the yuan, lost 18 basis points to 6.3188 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or ...
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Date:2012/06/13
Accordingly, the domestic social steel inventories in Chinese 26 surveyed cities had continued its downward trend in last week with the week-over-week decrease of 0.116 million tons from prior week to 15.499 million tons, indicating that the ...
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Date:2012/06/08
According to the report presented by the officials from CISA, China’s average daily steel production will continue hovering around 2 million metric tons in June of this year.
As well as known to all, impacted by the sluggish steel market, Chi...
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Date:2012/06/07
Chinese stocks opened up Thursday, with the benchmark Shanghai Composite Index up 0.65 percent to open at 2,324.67.
The Shenzhen Component Index opened at 9,921.31, up 1.1 percent.
Source: Xinhua
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Date:2012/06/07
The Chinese currency Renminbi, or the yuan, gained 91 basis points to 6.3170 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or fa...
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Date:2012/06/04
According to the data released by China’s customs, China imported 25.05 million t of coal in April, surging by 90.1% as compared to the same period of last year. While in January to April of this year China’s overall coal imports totaled 86.5...
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Date:2012/06/07
According to the data released by MOFCOM, Chinese domestic steel price decreased by 0.1% in last week, indicating that the domestic steel prices have slid down for seven consecutive weeks.
Watching the market dynamics in detail, the price for...
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Date:2012/06/01
The Chinese yuan fetched 12.33 Japanese yen in Tokyo foreign exchange market at 9 a.m. local time Friday, the first day for direct yen-yuan trading.
Japanese Finance Minister Jun Azumi announced that yen-yuan direct trading begins form June 1 at the...
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Date:2012/05/30
According to Xinhua-China iron ore price index, the domestic imported iron ore stockpiles in Chinese 25 main ports reached 97.24 million metric tons on May 28, decreasing by 790 thousand tons compared to previous week. At the same time, the p...
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Date:2012/06/01
Chinese stocks opened slightly higher Friday, with the benchmark Shanghai Composite Index up 0.04 percent to open at 2,373.22.
The Shenzhen Component Index opened at 10,142.12, up 0.01 percent.
Source: Xinhua
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Date:2012/05/29
China may pump in as much as 2 trillion yuan (US$315 billion) in investment to boost the economy - half as much as in 2008 - with the country facing increasing challenges, a Credit Suisse report said.
It is so far the most specific prediction on how...
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Date:2012/06/06
The Chinese currency Renminbi, or the yuan, lost 36 basis points to 6.3261 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or fal...
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Date:2012/06/01
The Chinese currency Renminbi, or the yuan, gained 47 basis points to 6.3308 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or fall...
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Date:2012/05/29
China will start direct trading of its currency against the Japanese yen on Friday, the country's central bank said Tuesday.
It marks the first time for China to allow a major currency other than the U.S. dollar to trade directly with RMB, or t...
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Date:2012/06/06
According to Xinhua-China iron ore price index, the domestic imported iron ore stockpiles in Chinese 25 main ports reached 96.62 million metric tons on June 4, decreasing by 620 thousand tons compared to previous week. At the same time, the p...
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Date:2012/06/01
In April of current year, Chinese overall silicon steel imports totaled 68400 t, decreasing by 20.74% month over month and by 22.80% year over year. At the same time, the oriented silicon steel imports had amounted to 25175 t, down by 19.65% month ov...