Last week, Mysteel’s Coal and Coke Division conducted a survey on the profitability of 30 independent coking plants in China, with an average profit of 11 yuan per ton of coke nationwide; The average profit of Shanxi quasi first grade coke is -23 yuan/ton.
According to Mysteel, as of the week ending October 5th, production and table needs to shift from increase to decrease, while factory and social warehouses have shifted from decrease to increase. Among them, thread production is 2.5425 million tons, a decrease of 92200 tons compared to last week, a decrease of 3.50%.
According to Mysteel, Tangshan Fengrun independent steel rolling enterprise will implement production regulation from 12:00 on October 7th, and the lifting time will be notified separately.
According to Mysteel, the Yunnan Iron and Steel Industry Association’s information on measures to control losses and reduce production for Yunnan steel enterprises mentioned that in October, seven steel companies are expected to reduce production of construction steel by about 300000 tons based on September.
According to data from shipping survey agency ITS, Malaysia’s palm oil exports from October 1-5 were 159820 tons, compared to 189285 tons in the same period last month, a decrease of 15.57% month on month. Among them, the largest quantity is exported to Africa, with 49025 tons.
According to the Agricultural Economy Research Institute of Mato Grosso State (IMEA), as of October 6th, the soybean planting area in Mato Grosso State, Brazil was 14.25%, compared to 4.19% last week and 18.61% in the same period last year, with a five-year average of 12.24%.
According to foreign media reports, an industry official stated that the Indian government’s goal is to increase domestic palm oil production from the current 350000 tons to 1 million tons by 2030 under the national oil palm task.
According to foreign media reports, the Buenos Aires Grain Exchange predicts that although the soybean planting area is expected to increase by 2.3%, Argentina’s soybean production in 2023/24 will likely double compared to the previous year.
The Ministry of Commerce has formulated the application and distribution rules for sugar import tariff quotas in 2024. The total import tariff quota for sugar in 2024 is 1.945 million tons, of which 70% is a state-owned trade tariff quota.
According to the latest information from Jin Lianchuang, the Ministry of Commerce recently issued the fourth batch of non-state trade import permits for crude oil in 2023, with a total quota of 9.54 million tons. As of now, a total of 183.64 million tons of imported crude oil quotas have been issued for the second to fourth batches in 2023. (Jinshi Data APP)