In terms of international pricing benchmarks, according to the CP data released by Saudi Aramco, the propane contract price (CP) in March was $895 / ton, up $120 / ton from the previous month, up 15.48% from the previous month and up 43.20% from the…
After Russia pledged to scale back its military operations around Kyiv and in northern Ukraine, the prices of most industrial metals fell, led by aluminum, showing people's concerns for supply shortage eased.At an earlier time, the West imposed sweep…
Recently, covid 19 outbreak spreads in Shanghai, China. There are more than 25,000 new asymptomatic domestic infections every day. China is implementing a dynamic zero-out policy. A leading respiratory expert said the key to COVID-19 prevention and c…
Diamonds are forever, Gold is precious but which is rarer? Gold is a heavy metal formed during the collision of neutron stars and is one of the rarest elements on Earth.During the formation of the earth, heavy elements gradually accumulated towards t…
Since last year, a round of commodity price increases has benefited upstream companies, but it has also brought a certain impact to midstream and downstream companies. If the affected midstream and downstream companies do not have derivatives for hed…
Since the beginning of this year, battery raw material prices have continued to rise, which has put pressure on fast-developing power battery companies. According to SMM data from Shanghai Nonferrous Metals Network, as of May 24, the average spot pri…
The price of China's steel raw materials has risen sharply recently. The price of steel products in various regions broke through the high level of more than a decade in May, approaching RMB 6,000 per ton of billet. At the same time, some companies s…