Dec 22, 2024 9:43 p.m.
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economy

Dalian Commodity Exchange: 02 August 2024
02 Aug 2024 The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 02 August 2024 settled as follows:
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01 Aug 2024

economy

Oil market soared on heightened MEA tension and a large draw in US inventory

The US saw a decrease in commercial crude stocks by 3.4 million barrels last week, marking the fifth consecutive week of drawdowns - the longest such streak since January 2021.
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01 Aug 2024

economy

EIA: US commercial crude stocks declined for the fifth straight week on strong exports

With US crude oil inventories now at 433.0 million barrels, they sit about 4% below the five-year average for this time of year. This continued drawdown underscores the strong global appetite for US crude, as exports surged to over 4.9 million barrels per day during the reporting week.
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01 Aug 2024

economy

Dalian Commodity Exchange: 01 August2024 (Night trading)

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 01 August 2024 settled as follows:
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01 Aug 2024

economy

Dalian Commodity Exchange: 01 August 2024

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 01 August 2024 settled as follows:
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31 Jul 2024 PET Bottle

economy

South Korea imposes provisional anti-dumping duties on Chinese PET resins

The anti-dumping investigation, initiated by the South Korea Trade Commission on 12 January 2024, followed a petition from TK Chemical Co., Ltd., a prominent South Korean company. TK Chemical alleged that Chinese PET resins were being sold at unfairly low prices, harming the local industry.
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31 Jul 2024

economy

Oil market fell to two-month lows amid demand concerns

The market has been heavily influenced by concerns over China's economic performance. Despite Chinese leaders' promises to bolster the economy, investors remain skeptical about the impact of potential measures.
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31 Jul 2024

economy

Official data: China’s manufacturing activities contracted for the third consecutive month in July

This prolonged contraction is attributed to several factors, including weak domestic demand, extreme weather conditions, and the traditional off-peak production season. These challenges have amplified calls for increased policy support from the government to stimulate economic activity.
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