CHINA TOPIX

11/02/2024 11:24:38 am

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commodities

sdg

PetroChina’s Revenue and Profit Took a Hit From Dangerous Oil Prices

PetroChina, a state-owned oil company and the country's largest oil producer, saw a decline in its profits during the first quarter of the year.

base metals

Smelters find ways to cope amid China’s overproduction

China's overproduction has prompted demands for alternative smelters and production cuts. Outside China, forced smelter closures and pressured prices has led several Western aluminum producers to accuse China of unfair competition.

Chinese Steel Industry Suffers Losses As Demand Shrinks

Falling Chinese Exports Push Nickel Prices to Three-Week High

For months now, nickel prices have been highly dependent on economic signals from China. The weaker Chinese economy has been suppressing demand from local steel producers, making nickel prices lower than ever.

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