China coal imports rise in November despite push against pollution

08 December, 2017, 08:56 | Author: Wade Massey
  • China's November copper imports jump by 42.3 pct month on month

470,000 tonnes of copper were imported, up from 333,000 tonnes in October.

The trade surplus totaled $40.21 billion in November versus the expected surplus of $35.0 billion.

That's almost double the 6.9 percent pace recorded in October.

Chinese copper smelters such as Tongling Nonferrous Metals Group cut back production last month to comply with environmental protection measures.

Import growth has outpaced exports for more than a year and this will persist as domestic demand for commodities continues unabated, Moody's Analytics economists wrote in a recent note.

Crude oil demand also increased, lifting to 37.04 million tonnes from 31.03 million tonnes a month earlier.

SeaWorld Entertainment Inc (NYSE:SEAS) Shares Sold by Advisors Asset Management Inc
These patterns have a low break even failure rate and decent average rise in a bull market, giving them a solid performance rank. OLD National Bancorp IN purchased a new position in shares of SeaWorld Entertainment during the 3rd quarter valued at $316,000.


PUBG for Xbox Was Treated Like a First-Party Title at Microsoft
PlayerUnknown's Battlegrounds is nearing its formal 1.0 launch, and with it will come a new desert map titled Miramar . When we chose to create a new map, we focused on creating an environment that is very different from Erangel.


Hideo Kojima's Death Stranding Gets Disturbing New Trailer at The Game Awards
Though the latest trailer is nothing short of phenomenal. we still don't have a release window for Death Stranding yet. Death Stranding hasn't even released yet, and the narrative has completely enraptured us here at ComicBook.


"Major exchange stock levels are still low and demand keeps growing".

The numbers may help to ease concerns of slowing momentum in Asia's economic powerhouse, which had surprised markets with robust growth of almost 6.9 percent in the first nine months of this year, thanks to a government-led infrastructure spending spree and unexpected strength in exports.

The rebound in imports come as China's yuan has fallen 2.8 percent against the dollar since hitting its 2017 peak on September 8.

Iron ore imports "were not necessarily just by steel mills but could have been also purchased by traders", said Helen Lau at Argonaut Securities in Hong Kong.

China's aluminium exports had been in freefall since hitting 460,000 tonnes in May and June as punitives duties imposed by Washington on aluminium foil made shipments to the key USA market unviable.

China's November exports and imports blew past market expectations, with year-on-year gains of 12.3 per cent and 17.7 per cent, respectively, official data showed on Friday.

Recommended:

  • Trading Vision: Active Stock Focus on Shares of Ciena Corporation (NYSE:CIEN)

    Admiral Group plc provides auto insurance products primarily in the United Kingdom, Spain, Italy, France, and the United States. Also, it has an estimated price-earnings (P/E) multiple of 10.7 and a trailing 12-month price-earnings (P/E) multiple of 22.96.
    Bigg Boss 11: Hina Khan's beau Rocky Jaiswal proposes to her

    Bigg Boss 11: Hina Khan's beau Rocky Jaiswal proposes to her

    In a sharp contrast, Hina has sportsmanship and in the last episode, too, she congratulated Arshi on becoming the captain. And after yesterday's (Wednesday) captaincy task, Hiten, another strong contender, is now clearly in Vikas's camp.
    Coutinho: I could still leave Liverpool

    Coutinho: I could still leave Liverpool

    Mundo Deportivo reported on Thursday morning that a deal is already in place for the playmaker to sign a five-year contract. I am at Liverpool and I always do my best when I have the opportunity to play, respecting the jersey and the supporters.
  • YouTube may launch its own streaming music service in 2018

    YouTube may launch its own streaming music service in 2018

    YouTube will launch a music streaming service next March, according to report published today by Bloomberg . Without major label support, a streaming service can not offer proper content to keep users interested.
    Bayonetta 3 will be a Nintendo Switch exclusive

    Bayonetta 3 will be a Nintendo Switch exclusive

    The Bayonetta Non-Stop Climax Edition will come with a steelbook case, art cards, and other goods for Nintendo Switch. The announcement was made by Reggie who was on stage to reveal the trailer along with Geoff Keighley.
    A Man Has Died After Being Trapped In Tank At Factory

    A Man Has Died After Being Trapped In Tank At Factory

    New South Wales Ambulance Superintendent Paul Turner said that because of the circumstances a rescue attempt was incredibly hard . A factory worker has perished in a really horrific manner after getting trapped inside a hot ink tank while cleaning it out.
  • Rite Aid (RAD) Bonds Drop 1.3% During Trading

    It turned negative, as 85 investors sold RAD shares while 96 reduced holdings. 50 funds opened positions while 91 raised stakes. Partner Investment Management Lp increased Portola Pharmaceuticals Inc (PTLA) stake by 47.81% reported in 2017Q2 SEC filing.

    B. Riley Increases Twenty-First Century Fox (NASDAQ:FOXA) Price Target to $36.00

    The most recent bid on the stock was registered at $14.88. "It's hard to speculate on what the final bill is going to say". Technical analysis is as a method that applies to take a guess of future price trends through analyzing market action.
    Rep. Gowdy: Why Was Anti-Trump FBI Agent Interviewing Hillary?

    Rep. Gowdy: Why Was Anti-Trump FBI Agent Interviewing Hillary?

    Earlier that day, Trump had fired Yates for refusing to defend the travel ban. Strzok's work for the Special Counsel and in the FBI's investigation of Mr.
  • Soulcalibur VI Announced And Its Coming In 2018

    Soulcalibur VI Announced And Its Coming In 2018

    Bandai Namco has announced Soul Calibur 6 , the next game in its long-running fighting game franchise. Perhaps a gear system similar to Injustice 2? You can check out the first teaser trailer down below.
    India's court holds spiritual leader's organisation responsible for damaging Yamuna floodplains

    India's court holds spiritual leader's organisation responsible for damaging Yamuna floodplains

    AoL is disappointed with the decision taken by the NGT for damaging Yamuna floodplains during its World Culture Festival. An expert panel had told the NGT that the restoraton of the floodplain would cost Rs 42.02 crore.

    Financial Architects INC Upped Its Goldman Sachs Group INC (GS) Holding

    Goldman Sachs Group Inc now has $93.24 billion valuation. (GS) delivered a decrease of -0.93% return at the end of last trading. With 351,200 avg volume, 2 days are for CYTODYN INCORPORATED (OTCMKTS:CYDY)'s short sellers to cover CYDY's short positions.


Popular

JUST IN: Justice Ademola resigns as Federal High Court judge
Justice Adama Iyayi-Laminkara, Chief Judge, Rivers State, Hon. But the council issued a warning letter to Mr. Other members of the panel were Justices O.

Pentagon has no plans to evacuate United States dependents from South Korea
The joint US and South Korean aerial armada includes American aircraft from the Air Force , Navy and the Marine Corps. State Department official, is the highest-level United Nations official to visit North Korea since 2012.

Morning Buzz Advanced Micro Devices, Inc. (NASDAQ:AMD)
It dropped, as 68 investors sold AMD shares while 98 reduced holdings. 72 funds opened positions while 141 raised stakes. Beta measures volatility or systematic risk, of a stock or a portfolio in comparison to the market as a whole.

India refrains from seeking East Jerusalem as capital of Palestine
New Delhi has traditionally supported the Palestinian cause even as it opened diplomatic ties with Israel in 1992. In the past though, the Narendra Modi government has underlined the significance of East Jerusalem for Palestine.

Iger Asked To Stay Disney CEO After Making Fox Deal
Disney is in the lead to acquire much of Fox's media empire, though rival suitor Comcast Corp remains in contention, Reuters reported on Tuesday.

Alec Baldwin: 'Grand Jury' Late Night Shows Are Harming "Innocent People"
Alec Baldwin appears on Megyn Kelly Today on December 7, 2017 . "But I don't want to see innocent people get hurt either". Read his full tweet below [via Vulture ], and please oh please someone book Alec Baldwin on Stephen Colbert next week.

Sensex Up 163 Points In Early Trade; Nifty Rises Above 10200
However, broader gains were capped ahead of elections in Gujarat due this weekend, in a critical test for Prime Minister Modi. All the BSE sectoral indices except Energy were trading higher led by metal, consumer durables, auto, banks and FMCG.

Brandon Ingram's clutch three in Philadelphia ends Lakers losing streak
It was the same story again this time around as Embiid finished with 33 points , seven rebounds and six assists in 36 minutes. Booed in the first half nearly every time he touched the ball, Ball flirted with his third career triple-double.

Sage Therapeutics, Inc. (NASDAQ:SAGE) Sees The Needle Move on Volume
Finally, BlackRock Fund Advisors boosted its position in shares of SAGE Therapeutics by 14.6% in the third quarter. Raymond James upgraded Sage Therapeutics, Inc. (NASDAQ: SAGE ) on Wednesday, June 29 with "Outperform" rating.

M&S launch stoneless avocados - and says they could prevent 'avocado hand'
The "cocktail avocado" is a small avocado which is 5-8cm long and grows in Spain and is only available during December. Cocktail Avocados are available in selected M&S stores throughout December, while stocks last at £2 per pack.