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China's 2014 spot gold trade volume soars near 60% on year t

China's 2014 spot gold trade volume soars near 60% on year t

China's spot gold trading volume in 2014 hit 18,486 mt, up almost 60% from 11,600 mt traded in 2013, the Bureau of Trade said in a report on its website Thursday, February 26. The rise was attributed to growing gold output in China, as well as more active investment in gold pr >>

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  • Cheaper oil has limited impact on lifting Chinese economy

    Cheaper oil has limited impact on lifting Chinese economy

    http://www.chemnet.com
    Cheaper oil will not stop the gradual and ongoing Chinese economic slowdown, and global economic growth is held back by uncertainties in several key economies, said Moody's Investors Service. "Higher energy taxes and government-controlled prices in some energy and transportation>>>

  • Chinese oil demand growth to slow on increasing energy effic

    Chinese oil demand growth to slow on increasing energy effic

    http://www.chemnet.com
    China's oil demand growth will slow to less than 300,000 b/d until the end of this decade as the government focuses on restructuring the economy away from export-led growth, the International Energy Agency said in its latest Medium Term Oil Market Report released Tuesday, Februar>>>

  • 100 Spot Commodities Price Chart - 26/02/2015 02/27

    It was assessed by SunSirs that in the tracked 100 spot commodities,19 commodities increased in prices, 14 fell and 67 remained unchanged on 26/02/2015.The largest rises were Styrene (2.95%),Urea (2.83%),2-EH (>>>

  • NYMEX April crude futures drop to .99/b 02/27

    NYMEX April crude closed lower Thursday as growing US crude stockpiles highlighted the oil market's surplus, dragging the front-month contract further below ICE Brent. In the last 30 minutes before the market's close, NYMEX April crude dropped to .99/b, before settling $>>>

  • South Sudan, DR Congo interested in Ugandan crude oil export 02/27

    South Sudan and the Democratic Republic of Congo have shown an interest in the construction and development of the proposed 1,300-km (806-mile) crude pipeline to the Kenyan coast, Ugandan Minister for Energy and Minerals Development Irene Muloni told Platts in an interview Wednes>>>

  • NWE mogas/naphtha spread at 6-week high on US gasoline, Euro 02/27

    The front-month mogas/naphtha spread -- the premium of the front-month Eurobob gasoline swap to the equivalent CIF NWE naphtha swap -- widened to a six-week high of .75/mt Wednesday, up from /mt Tuesday. The Eurobob gasoline paper market tracked the rally in the US RBOB,>>>

  • NYMEX April gas settles 16.5 cents lower at .697/MMBtu 02/27

    NYMEX April natural gas futures settled 16.5 cents lower at .697/MMBtu Thursday on a bearish gas storage report from the US Energy Information Administration. The EIA Thursday reported a withdrawal of 219 Bcf, less than the market consensus of 239-243 Bcf in a Platts survey >>>