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Jul 30, 2021 8 tweets 9 min read Read on X
Coking coal futures rise more than 4% in Dalian, while stainless steel and hot-rolled coil contracts in Shanghai up 2.5%.
#China #futures #steel #coal
China's most-traded iron ore futures fall over 3.5% in the morning trade.
#China #ironore #commodities #futures
Iron ore futures extend loss to 5%, back to 1066 yuan per ton, the lowest since May 31.
The steel capacity limitation set by the industrial department still has negative impacts on the iron ore demand.
#Iron #Ironore #steel
Singapore Exchange iron ore drops 5%, extending losses amid China #steel curbs.
#SGX #ironore #Commodities
China's hot-rolled steel coil contracts in Shanghai extend gains to 3.4%, the highest since May 14.
#China #Futures #steel #Commodities
China's most-traded iron ore futures decline over 7%.
#China #StockMarket #ironore #Commodities #Futures
The iron ore futures in Dalian tumble 8% in the afternoon trading.
#China #ironore #Commodities #Futures
The most-traded iron ore futures in China collapse 9% intraday, to the two-month low.
The coke futures drop nearly 3% in the afternoon trading.
#China #ironore #coke #Futures #Commodities

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More from @Sino_Market

Aug 31
#China August official #PMI
Manufacturing PMI 49.4 [Est.49.5, Prev.49.3]
Non-Manufacturing PMI 50.3[Est. 50.3, Prev.50.1]
Composite PMI 50.5[Prev.50.2]
#manufacturing #EconTwitter 🇨🇳

Thread 1/n
The economic calendar is here
mktnews.com/calendar.html?…Image
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🇨🇳NBS #PMI breakdown:
🔸Manufacturing production edged up in August. The production index rose by 0.3 percentage points to 50.5%.

🔸Key raw material prices rose by 2.2 pps to 53.3, the highest since October 2024.

🔸The new order index is 49.5%, up by 0.1 pps from the previous month.

🔸Looking at external demand, the new export order index is 47.2%, up by 0.1 pps.Image
🇨🇳NBS #PMI breakdown:
🔸The large enterprise PMI dropped to 50.5%, +0.2 pps
🔸The medium-sized enterprise PMI 48.9%, -0.6 pps
🔸Small-size business activity rises to 46.6%, +0.2 pps
3/ #China
Read 4 tweets
Oct 8, 2024
🇨🇳#CN_Update Thread for NDRC
NDRC: Consumption in the market was robust during the just-concluded National Day holiday, full of confidence in achieving the target tasks of economic and social development for the whole year.
#China
🇨🇳NDRC: China's financial sector has recently stepped up its efforts to launch a package of incremental policies to promote a sustained economic upturn for the better.
#CN_Note
No latest policy measures have been proposed by the NDRC yet.
🇨🇳NDRC: China's market expectations have shown notable improvement recently.
To strengthen support for local governments in debt swaps to mitigate debt risks.
#China Image
Read 5 tweets
Jul 19, 2024
The "Decision on Comprehensively Deepening Reform and Advancing Chinese-style Modernization" proposes more than 300 major reform measures, all of which pertain to aspects of systems, mechanisms, and institutions.
🇨🇳#China #CPC
🇨🇳Some details:
🔸Need to develop policies and mechanisms for the elderly care industry
🔸The systems for property rights protection, information disclosure, market access, and bankruptcy exit need to be improved.
🔸A growth mechanism for future industry investments should be established.
🔸Local governments' autonomous financial power should be increased, and local tax sources should be expanded. #LGFV
🔸Should study tax system that adapts to new business models.
🔸Proactively align with international high-standard economic and trade rules to expand institutional opening.
🔸Unilateral opening should be expanded for the least developed countries.
🔸Mechanisms to promote high-quality and sufficient employment should be improved.
Read 6 tweets
Jun 17, 2024
⚡#China May economic data:
Retail Sales 3.7% y/y [Est.3.0%, Prev.2.3%]🔼
Industrial Growth 5.6% y/y [Est.6.0%, Prev.6.7%]🔽
Urban Unemployment 5.0% [Prev. 5.0%]
YTD Fixed Asset Investment 4.0% [Est.4.2%, Prev. 4.2%]🔽
🇨🇳#EconTwitter 1/ Thread

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1⃣ #China's Jan-May industry output +5.6% y/y or +0.3% m/m.
2⃣ #Crudeoil refinery -1.8% to 60.52 million tons.
Power generation +2.3% to 0.72 TWh. #OOTT
3⃣ #Automobile production +1.3% to 2.35 mln units, NEVs +33.6% to 0.92 mln units.
4⃣ #Steel production +3.4% to 1.23 trillion.


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🇨🇳In Jan-May, #China's total retail sales were recorded at 3.921 trillion yuan, up 3.7%y/y(expanded).
🟦Retail sales of goods were 3.5 trillion yuan, which rose by 3.6%y/y; (expanded)
🟨Total revenue for the catering industry was 427.4 billion yuan, which rose 5.0%. (expanded).
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Read 4 tweets
Mar 9, 2024
⚡JUST IN:
China February
Annual CPI 0.7% [Est. 0.4% Prev. -0.8%]
Monthly CPI 1.0% [Est. 0.4% Prev. 0.3%]
Annual PPI -2.7% [Est. -2.5% Prev. -2.5%]
Monthly PPI -0.2% [Prev. -0.2%]
*The first rise in consumer prices since August.
#CPI #China #deflation #PPI #EconTwitter 🇨🇳
1/ threadImage
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CHINA CPI BREAKDOWN:
🔸February annual CPI rebounded sharply, the most since Sep. 2009.
🔸The core CPI rose by 1.2% y/y, vs 0.4% y/y in January, marking the highest increase since February 2022.
🔸Food prices dropped by 0.9% y/y, narrowed by 5 percentage points, due to Chinese New Year effects.
🔸Pork roses by 0.2% y/y, for the first time in 9 months.
🔸Vegetables and aquatic products have risen by 2.9%, and 4.1% from the decline in January.
#PPI #Industry #China #EconTwitter #OOTT #deflation 🇨🇳
CHINA PPI BREAKDOWN:
🔸PPI decline narrowed in February.
🔸PPI -0.2% m/m🟨, with a -0.2% input prices🟨 and a narrower decline in producer prices for consumption goods (-0.1%)🟨.
3/
#PPI #Industry #China #EconTwitter #OOTT #deflation 🇨🇳

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Read 4 tweets
Mar 7, 2024
⚡ China's Jan-Feb trade balance at 890.86 billion yuan:
#Exports +10.3% y/y, Prev. +3.8%
#Imports +6.7% y/y, Prev. +1.6%v
Trade balance at $125.16 bln in USD term
#Exports +7.1% y/y, Est. +1.9%
#Imports +3.5% y/y, Est. +1.5%
1/n #trade #economy 🇨🇳🇺🇸
⚡China exported and imported 6.61 trillion yuan(+8.7% y/y) of goods in yuan term or $930.86 bln(+5.5% y/y) in USD term in January and February.
2/n #China #trade #import #export #economy 🇨🇳🇺🇸
⚡#China's Jan-Feb #trade with
ASEAN +8.1% y/y to 0.993 trillion yuan
🇪🇺EU -1.3% y/y to 0.832 trillion yuan📉
🇺🇸US +3.7% y/y to 0.707 trillion yuan
🇰🇷S.Korea +2.9 % y/y to 0.337 trillion yuan
4/n #China #trade 🇨🇳
Read 5 tweets

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