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Trade data of 2019 released by customs
BIG NEWS!The US will delay imposing tariffs on China
The first list of toxic and harmful air pollutants was released
The chemical industry contributes 7% of the world's GDP
Yellow phosphorus: price will return to stable
Production of titanium dioxide increased significantly in March
Yangtze river "three phosphorus" special investigation and rectification is imminent
Current situation and demand forecast of potash (fertilizer) industry in China
News about US tariffs on China
Optimization of the purchasing method of raw materials of compound fertilizer listed in urea futures
The market of potassium sulfate is stable
Workers strike in Argentinian port!
Caustic soda prices in Asia continued to rise
The price of potassium chloride hit a new high in the past five years
18%, the international crude oil price rises
Russia is banned to export oil to Ukraine
Industry development index of 2019
From January to February, the added value of chemical industry increased by 3.7% year-on-year.
The petroleum and chemical industries enjoyed steady economic growth in July
The total amount of import tariff quotas for fertilizers of year 2020 will be announced
Export duties on potash and other commodities were abolished
Global LNG supplies will continue to rise this year
In May, the Export quantity of China's coke grew year-on-year
China's bio-fertilizer industry will grow by 10% annually in the future
The demand of chemical products in 2019 will grow slowly
Phosphate compound fertilizer industry looking for solutions
The economy of China's petroleum and chemical industries is running smoothly in April
Benzene market began to rebound from the bottom
The potassium sulfate market is relatively stable
The emergency management department carried out the second round of secret visits to chemical enterp
A price surge of titanium dioxide market
China LNG Weekly Summary
Fertilizer exports rose 52.3 percent in February
From a global perspective, the downward pressure on the chemical industry is not small
In the first quarter, the added value of the chemical industry increased by 5% year-on-year.
The slight downward wholesale price of fertilizer in China
IMF lowered the forecast for global economic growth for this year.
The development situation of chlor-alkali industry is stabilizing
The export of chemical fertilizer increased steadily in the first 8 months
Outstanding performance of petroleum and chemical industry in 2018
Global mining market will continue to adjust
The first three quarters listed fertilizer business performance decline
Petrochemical firms see bright prospects
Prices of fertilizers keep going up in Spring
Top 10 news of international chemical in 2019
American tariffs are opposed by the European American business association in China
Imports and exports of fertilizers fell by more than 26% in the first two months
Soda ash capacity slightly surplus
8 digit HS CODE is mandatory for shipping manifest to Dubai from 15th June
This was how compound fertilizer went in 2019
International cooperation is particularly important as the increasing global service trade
China's international trade data of goods and services in August 2020
The potash fertilizer market suffers from flatness
The capacity utilization rate of chemical raw materials and products manufacturing was 74.9% in the
Global chemical industry development is relatively stable in 2019
Hubei enterprises will resume to work soon
Port congestion in many countries around the would
Soda ash futures officially launched
Saudi revenues of oil exports fell in the first quarter
Gazprom is promoting the project of producing chemicals from natural gas
The global petrochemical index hit a lowest record in March
Another record high of ammonium sulfate export
International oil prices plunged on 21 April
EMOFCOM: Anti-dumping duties will be levied on imports of EPDM from the US, Korea and EU.
The export volume of Petrobras reached a new record in April.
Jordan's phosphate exports rose 10.12% in the first half of this year
Global consumption of soda ash will decline
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The petrochemical industry shows a trend of stabilization and recovery.
Foreign investments in China from January to July this year
Hubei agriculture-related chemical enterprises can resume production
Intensifying competition of global basic oil market
The price of compound fertilizer is stable
The European Union unveiled a 750 billion euro recovery plan to cope with the impact of epidemic
Fertilizer exports rose 35 percent in March
The recovery of European chemical industry needs to overcome the epidemic
The relationship market of China-US negotiation outcome recovered
The net profit of chemical enterprises in the first quarter increased strikingly
The yellow phosphorus price in Guizhou is relatively stable
Ministry of Commerce: Imposing provisional anti-dumping measures on n-propanol from the United State
The potash market got off to a slow start after the Spring Festivel.
The nitrogen fertilizer industry swung from profit to loss in the first quarter
In the second quarter, China's crude oil processing volume ranked first in the world
100% inspection of containers in transit at Karachi port
Hainan Free Trade Port has opened its first regular intercontinental cargo route
Potassium sulfate: demand is supportive with a preparation of adversity
Ministry of Commerce: Continue to expand the level of market opening
Comprehensively investigate and severely crack down on illegal "small chemical industries"
China's imported natural gas grew steadily
Investment in manufacture of chemical raw materials and products increased 63.2% in Jan and Feb
The rebound of COVID-19 has lead to slow demand of oil
Nitrogen fertilizer: environmental protection pressure increases, while export pressure does not dec
IEA: The oil glut still remains
BP: Fossil fuels account for 84% of the global energy markets
Fertilizer prices will continue to rise
Near October, freight rates soaring by 30%!
Global chemical production climbed for the sixth straight month
A large amount of goods in this country were stolen, causing serious loss!
Sinopec has built China's largest integrated refinery and petrochemical base
India will take the lead in increasing urea production globally
The import of solid waste will completely banned in China in 2021
Global chemical production rose 1.4% in February
The second round of special inspection of explosive chemical products will be launched
Prices of phosphorus chemical products continue to rise
In 2020, the added value of the chemical industry increased by 3.4% year-on-year
In Nov.,2020, the added value of the chemical industry increased by 9.7% year-on-year.
Before Dec., China's total value of import and export reached 29 trillion yuan, up 1.8%.
China will levy import excise tax on some refined oil
IEA: Demand for fossil energy will be strong in 2021
OPEC: The outlook for the oil market remains positive
OPEC: oil production in the US has not yet recovered
Energy and chemical industry performs well after the Spring Festival
CMA, ONE and MSC temporarily rescinded the congestion surcharge at Tianjin port
The added value of the chemical industry increased by 3.4% year on year in 2020
Energy consumption grew rapidly in the first half of the year
The phosphoric acid market has reentered a stalemate due to shortage of raw material
In the first five months, China's imports and exports increased by 28.2% year on year
China's import and export of chemical fertilizers increased in the first four months
In November, the production of raw coal, crude oil and natural gas maintained steady growth
In the first half of the year, both the export volume and price of China's fertilizer increased
Profits in chemical materials and products industry rose 3.43 times year-on-year in the first qu
In the first four months of this year, imports and exports of goods increased by 28.5% year-on-year
Phosphoric acid price reached a new record
Sulphur: A one-sided rally to a new high
Morning tips for the sulfur market
Ammonium phosphorus main production area enterprises have suspended export orders
The market of titanium dioxide has been steadily expanded
Due to the soaring international prices, Nepal faces chemical fertilizer shortages
MFA: RCEP is a major victory for multilateralism and free trade
Urea price stayed at high level in September
Fertilizer export increased by 19% year on year in the first 11 months
Five associations and chambers of commerce have called for stable fertilizer supply and prices
Points of potash fertilizer market this week
NDRC: Lower coal storage standards for power plants during the peak season
Ensure the normal production, reduce the export, and play a regulatory role in chemical fertilizer
Fertilizer is more expensive than rice! Thailand faces difficulties in rice planting season
Canpotex signed a successful contract of potassium fertilizer with India
In the first 11 months, China's total import and export value was 35.39 trillion yuan
In the first 3 quarters, the added value of the chemical industry increased by 10.8% year-on-year
NDRC: The national coal supply and demand situation has improved significantly
Urea: both futures and spot goods made a good start on the first day after the Spring Festival
Bidding dynamics of RCF urea import in India
The price of urea decreased by 5% in a single week!
Domestic potassium news - potassium chloride in Northeast China rose a bit fiercely
NDRC launched 1 million tons of potash fertilizer to satisfy agricultural production in spring
The domestic market is firm and upward. How about the export of phosphate fertilizer?
The indexes of petroleum and chemical industry both rose
Ukraine announced a temporary ban on the export of all types of chemical fertilizers
In Jan., the market price of capital goods decreased by 0.2% month on month
Supply analysis of urea industry
[synthetic ammonia] clearing the inventory before the festival, weak fluctuation
Russia may extend the fertilizer export quotas to 2023
Price of potassium sulfate (the third week of June, 2022)
The exchange rate of the euro against the US dollar fell to a new low in nearly 20 years
The price of monoammonium rose again, and the goods are in short supply on the market
Tunisia announced to resume phosphate exports after more than 10 years of suspension
The exchange rate of the euro against the US dollar fell to parity
Urea: fluctuating arranged
The export volume of sulfuric acid doubled in the first half of the year
In the first seven months, China's import volume of crude oil, coal and natural gas decreased
The operating rate drops to 50%, and these fertilizers will be out of stock in the peak season
In the first eight months, China's total import and export value rose by 10.1% year-on-year
760 yuan / ton! After the international urea price rises again, it ushers in "new" changes
Vice Foreign Minister of Russia: Sanctions have led to a drop of more than 30% in fertilizer exports
Sichuan urea enterprises respond to the call for blackouts and shutdown
Who moved the "cheese" of compound fertilizer this Autumn?
Urea: if the performance of October could be qualified, then it may be expectable in November
India signed the big contract at CFR usd422/ton
Urea: both rise and fall are under pressure
Domestic potassium news
In 2022, the scale of China's foreign trade has surged to a record high!
The Philippines will complete the chemical fertilizer transaction in January
Busy with preparing fertilizers for the spring ploughing
In October, the prices of chemical raw materials and products fell by 4.4% year-on-year
The hot players in winter storage are out of favor, and delivery of compound fertilizer is awkward
Troubled with difficulties both at domestic and abroad, whither potassium chloride？
The urea futures will rebound!
Trend analysis of capacity utilization rate of urea plants in China during the Spring Festival
Prediction and analysis of nitrogen fertilizer supply and demand in 2023
Domestic potassium news
Tight supply & demand recovered: price of liquid ammonia rised by nearly 5% in a week
The central government has issued 10 billion yuan to support spring plowing production
The first decline in natural gas consumption in China in 2022
National Bureau of Statistics: From Jan to Feb, the profits of industrial enterprises decreased
USD307/ton! China has reached joint negotiations on importing potassium fertilizer for the year 2023
The offshore RMB/USD exchange rate fell below 7.2
Domestic demand for urea is fair, but exports expected to be lowered
In April 2023, China's warehousing index showed that demand rebounded and stocking was positive
Urea: will rebound? Be cautious!
Price of monoammonium phosphate (November 28, 2023)
The price of potassium fertilizer will rise while exports of Canadian potassium fertilizer blocked?
Market situation of potassium sulfate (August 8, 2023)
The lowest bidding price for India's urea tender is $396/t CFR
New round of bidding in India boosts urea prices, but there are still risks in the future?
Will the domestic price increase due to the new round of urea bidding in India?
The growth rate of total import and export value of goods in October turned positive
Prices of Potassium Chloride (October 23, 2023)
Is monoammonium going to hit the bottom and rebound?
BASF's sales in the third quarter were €15.7 billion, a year-on-year decrease of €6.2 billion
In mid August, there were fluctuations in prices of coal across the country
Price of potassium sulfate (2024-1-2)
Urea: holidays ended, game on!
Investment in chemical raw materials and manufacturing increased by 13.2% in the past eight months
Soaring freight rates drag down Asian petrochemical trade
Belarus seeks to restore exports of potassium fertilizer to India
Prices of potassium chloride (December 11, 2023)
National Bureau of Statistics: In early January, the price of thermal coal in China declined
The situation in the Red Sea continues to be tense
India issues another tender for DAP product
The global potassium fertilizer market has stopped falling, but Brazil is continuing to rebound
Price trend of potassium chloride (April 1, 2024)
Prices of potassium fertilizer are declining
Analysis of urea market trend after holidays
Compound fertilizer: increases or not?
No offers received in India RCF bidding
Domestic potassium news | Domestic and imported prices are stable, but the stalemate continues
Domestic potassium news | It hasn't dropped yet, but risen again
Price trend of potassium sulfate (May 7, 2024)
Indian RCF issues import tender
India's dependence on urea imports will decrease from 30% to 10-15% in the short term
Domestic potassium news | Prices remain firm before the big contract settled

Industry Informationposition:home > News Center > Industry Information

The offshore RMB/USD exchange rate fell below 7.2 Comefrom:http://www.cs.com.cn/ AddDate:2023-06-25 Hit:1337

According to Wind data, on the morning of June 21st, the offshore renminbi (RMB) US dollar exchange rate dropped below 7.2 yuan, marking the first time since November last year. As of 10:06, the lowest offshore RMB to US dollar exchange rate was reported at 7.2005 yuan, with a decline of nearly 200 basis points within the day.

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