Release Date: 2020-03-26 Source: Shandong Provincial Department of Commerce portal website March 19, 2020, the United States International Trade Commission (ITC) voted for specific high-density fiber optic equipment and its components (Certain High-Density Fiber Optic Equipment andComponents Thereof) to initiate the 337 survey (survey code: 337-TA-1194). On February 21, 2020, Corning Optical Communications LLC of the United States filed a 337 investigation application with the United States ITC, claiming that the product exported to, imported from, and sold in the United States violated its patent rights (US registered patent numbers 9,020,320, 8,712,206, 10,120,153, Read More

Source: Ministry of Commerce, April 30, 2020, Interfax News Agency, Nur-Sultan, April 29, Kazakhstan National Oil and Gas Company announced that in the first quarter of 2020, the company produced 5.929 million tons of crude oil and condensate, year-on-year Reduced by 0.2%; 2.26 billion cubic meters of natural gas and associated gas were produced, a year-on-year increase of 4%.　　 During the statistical period, Kazakhstan Oil and Gas Company obtained a share of 2.184 million tons of oil and 1.597 billion cubic meters of gas in the three major fields of Tianjiz, Kashagan and Karachaganak, up 4.6% and 5.9% year-on-year. Delivery of crude oil was 18.517 million tons, a year-on-year decrease of 5.8%; delivery of natural gas was 28.32 billion cubic meters, an increase of 9.4% year-on-year. 5.922 million tons of crude oil were sold, of which exports accounted for 69%. Sales of natural gas were 7.802 billion cubic meters, a year-on-year increase of 7.8%. Of which 2.565 billion cubic meters of natural gas was exported to China Read More

Source: Ministry of Commerce April 30, 2020 According to \"Industry Kazakhstan\" quoted Reuters on April 29, the government of Kazakhstan reached an agreement with international operators of the two major oil fields in China-Tianjizi Oilfield and Kasa Glycerin Field, It is planned to cut production by 22% from May to help Kazakhstan fulfill its new OPEC+ production reduction obligations.　　According to OPEC + new production reduction agreement, Kazakhstan will reduce daily production by 390,000 barrels to about 1.3 million barrels per day. Neither the Tianjiz Chevron Oil Company operated by Chevron, nor the Kasha Glycerin Field operated by the North Caspian Sea Operating Company (NOCC) participated in the original production reduction agreement. Considering the large scale of this production cut, it will take two large oilfields to participate to achieve this.　　 It is reported that in 2019, the total output of Tianjizi and Kasha glycerin fields is close to 900,000 barrels per day, accounting for more than half of Kazakhstan's total output. (Envoy in Kazakhstan Read More

Source: Trade Remedy and Investigation Bureau, Ministry of Commerce 2019-12-11 09:18 On December 6, 2019, the Eurasian Economic Union issued a final ruling, deciding to take final anti-dumping measures against galvanized sheets imported from China and Ukraine for a period of time 5 years. The Chinese corporate tax rate is 12.69-17%, and the Ukrainian corporate tax rate is 23.9%. Ansteel Co., Ltd., Shandong Dongye Metal Technology Development Co., Ltd., Bayi Iron and Steel Co., Ltd., Dong'e Yike Steel Co., Ltd. and Gansu Jiugang Group Hongxing Iron and Steel Co., Ltd. reached a price commitment agreement with the Eurasian Economic Commission. The Eurasian Economic Union launched an anti-dumping investigation on galvanized sheets imported from China and Ukraine on June 29, 2018. The final decision report can be found at the following link: http://www.eurasiancommission.org/ru/act/trade/podm Read More

Source: Ministry of Commerce December 19, 2019 Dushanbe, the Tajik news agency reported on December 16. According to the Ministry of Industry and New Technology of Tajikistan, from January to November 2019, Tajik coal production is about 2 million tons. At present, there are 9 coal mining enterprises in Tajikistan, with a total coal output of 1.93 million tons and coal reserves of approximately 422,000 tons. Among them, the coal output of Feng-Yagnob Coal Mine accounted for 45.7% of the total output, Tajik Metallurgical Complex-19.6%, Talu-Resources Company-18.3%, Jiji Company-10.1%, and other companies-6.3%. During the year, Tajikistan exported a total of 16,000 tons of coal, of which about 12,900 tons were exported to Pakistan, Uzbekistan-0.32 million tons. Read More

Source: PUWORLD 　　 On December 18, 2019, Sinochem New Zealand News The British Chemical Industry Association (CIA) seized the cliché slogan used by the newly elected prime minister of the United Kingdom, and then put it back to the court, calling on Boris Johnson\" to make Britain right Europe\".　　The association's CEO Steve Elliott said: Since the UK announced its Brexit, the business community has been seeking clear goals, so the government must ensure exit and future trade relations. \"This will enable the wider manufacturing and chemical industries to sustain and increase the industry’s contribution to the entire British economy and people’s daily lives.\"　　Elliott pointed out that the Brexit referendum was conducted in 2016, but the government has not Can approve the final withdrawal agreement. He said that looking to the future, chemical producers look forward to working with \"Complete Brexit\" the Prime Minister, his government, parliament and Scotland Read More

Source: Xinhuanet April 28, 2020 As an important economic indicator, international oil prices have emerged from the downward trend of shocks since the beginning of this year. Last week, the price of light crude oil futures (WTI) delivered on the New York Mercantile Exchange in May experienced a historic plunge, falling to a negative value for the first time, triggering market panic. Why has international oil prices plummeted? What is the impact on the world economic recovery? 　　What is the recent trend of oil prices? In 2018, the average price of international oil prices was about US$65 per barrel. In 2019, due to the overall oversupply and restraining the upward trend of international oil prices, there was almost no breakthrough of USD 65 per barrel throughout the year. Investors had hoped that international oil prices would rebound strongly in 2020. However, multiple factors superimposed the outbreak of the new crown epidemic, which caused international oil prices to fluctuate violently.　　 The first four months of this year can be divided into four stages of the trend of international oil prices. Oil prices have declined overall, but for different reasons. January, for the end of last year Read More

Source: Trade Remedy and Investigation Bureau, Ministry of Commerce 2019-11-29 12:17 On November 22, 2019, the Ministry of Production and Labor of Argentina issued Resolution No. 1282 of 2019, deciding to end the oil-immersed three-phase transformer originating in China The anti-dumping sunset merger situation review review investigation, continued to collect 54% of anti-dumping, valid for 5 years. The products involved are oil-immersed three-phase transformers with power higher than 10,000KVA and less than or equal to 600,000KVA, excluding furnace oil-immersed three-phase transformers with power higher than 30,000KVA. The tax code of the product in question is 8504.23.00. For case information, please contact the Trade Secretariat of the Ministry of Production and Labor of Argentina (Address: Av. Presidente Julio Argentino Roca N° 651, piso 6º, sector 2 Read More

Source: Xinhuanet 　After many days of negotiations on April 14, 2020, the Organization of Petroleum Exporting Countries (OPEC) and Russia and other non-OPEC oil-producing countries finally reached a historic reduction agreement on the 12th. Analysts believe that although the reduction in output is not enough to reverse the current situation of severe oversupply of crude oil, reaching an agreement will help improve market psychology and will help the crude oil market achieve supply and demand balance in the long run.　　According to a statement issued by OPEC, the average output reduction from May to June this year was 9.7 million barrels per day, from July to the end of the year 7.7 million barrels per day, and from January 2021 to April 2022 was 5.8 million barrels per day. On the 9th, OPEC and non-OPEC oil-producing countries reached a preliminary agreement and planned to reduce the average output by 10 million barrels per day from May to June this year. Due to Mexico’s opposition to the reduction in production quota allocated to it, a final agreement could not be reached that day.　　 Secretary-General of OPEC, Mohamed Barkindo, met with OPEC on the 12th Read More