China Financial Daily

February 2, 2009

Aluminum import of China & Export tariff relief

Filed under: Financial News — Tags: — Nancy @ 12:09 am -0800

China aluminum imports increased, the prices rose, and the export tariff exempted
According to Reuters, Hong Kong, and January 21: Dealers said Wednesday, the world’s largest consumer of primary aluminum – China, the aluminum imports increased, so the price rose and Chinese government exempted the aluminum products export tariffs.

Dealers estimated that 30,000 tons or more of primary aluminum approximately equal to import volume of China in four months, which would be reached in Guangdong and Shanghai Port at the end of February or early March, the largest expected value may reach 80,000 to 90,000 tons.

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October 18, 2008

Metal Industry

Filed under: Financial News — Tags: , , , — kinpoo @ 3:32 am -0700

Nanping Aluminum: adheres to independent innovation to create Chinese brand
Nanping Aluminum is a large state-owned aluminum company Alcoa, the national top 10 aluminum producers, including: aluminum industry chain (smelting – casting – die – aluminum – aluminum works) scale in the first place; as the second of Chinese brands Ranked, third of overall strength.

Funds expected metals prices with extended losses, but there is a good opportunity to buy in long-term
Commodities trader Trafigura’s Galena Asset Management’s chief executive officer Jeremy Weil said that, the next six months base metals prices will fall further, but in the long term, the supply of copper and tin will provide a good opportunity to buy.

Aluminum alloy’s yongdeng aluminum-magnesium substantive had an outcome of the project
News in recent days, Shenyang Institute of Design to the aluminum-magnesium aluminum alloy’s yongdeng Henan delivered a “non-use of electric heating bauxite with an annual output of 200,000 tons Act Al-Si alloy project feasibility study,” the first draft of the project which marks The design stage to achieve substantial results. 

Western Mining as a country’s largest copper mine production
Today, Western Mining subsidiary Yulong Copper Mine in Tibet held a celebration to mark a further 10,000 tons of copper electrical production capacity.

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August 29, 2008

Continuous Decline of Shanghai Index

Filed under: Financial News — Tags: , , — Nancy @ 10:24 am -0700

Shanghai Index Continues to Decline in the Fifth Week

The trading volume in Shanghai Stock Market this week is only 160.944 billion Yuan, while the market has no power to increase and fluctuates around 2300 points.

 

The International Industrial Environment Analysis of Aluminum Development

1.      The world aluminum industry enters into the adjustment period, while the primary aluminum products transfer into the raw material-producing countries.

2.      In the recent years, the overplus of aluminum products supply causes the quick reduction of aluminum prices.

 

The Weak Profit of Samsung Electronics

The Profit of Samsung Electronics is bleak while the return of Q3, Q4 will be weaker than expectation, which is caused by the downturn of the global economy.

 

China Enters into the Warning Period for Energy Sources;

Where is the Way of Chemical Industry?

Since 2008, the future expectation is under the shadow of high increase of international crude oil prices. The international crude oil prices repeatedly breaks new high; under such background, seeking one kind of new energy to replace the oil became the unprecedented and common task for mankind.

 

Hang Seng Index Increases 869 Points in One Week

The Hong Kong stock rebounded to 21000 points this week; whereas the Hang Seng Index increases 869 points this week and have 4.27 percent increase. On Friday, the market closes with 21,261 points, which has 58.9 billion Hong Kong dollars for averagely daily trading volume.

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