Chinas crude oil throughput rose to a record high in 2019 following the start-up of two mega-refineries, official data showed on Friday, with December posting the highest daily run-rate on record. The total amount of oil processed for the y

Benchmark Dalian iron ore futures rose on Friday after Vale SA halted operations at a Chilean mine and Rio Tinto reported a drop in its full-year shipments of the metal. Brazilian miner Vale SA has halted the tailings operations at the Espe

Chinas demand for steel is expected to register an uptick in 2020, according to a guild report. The countrys steel demand is forecast to climb 2 percent year-on-year to reach 890 million tons in 2020, said the China Iron and Steel Industry

Chinas imports of iron ore, crude oil, natural gas and soybean, all increased among other commodities in 2019, data released by the General Administration of Customs showed. China imported 1.069 billion tons of iron ore, 506 million tons of

Chinas soybean demand in the 2019-20 marketing year (October-September) could reach up to 90 million mt, up 9% year on year and 6% higher than the USDAs December WASDE report, due to a recovery in pig and sow herds in recent months, accordi

Iron ore futures in China surged to their highest close in over five months on Wednesday, on hopes of strong restocking demand from mills ahead of local holidays. The most active May contract for iron ore futures on the Dalian Commodity Exc

China purchased 3 million mt of soybeans from Brazil in December, down 27% year on year, according to the Brazilian trade department. In total, Brazil shipped out 3.44 million mt of soybeans in December, down almost 16% year on year, while

Iron ore futures in China rose in early trade on January 6 as weekly utilisation rate increased, pointing to firm demand for the steelmaking ingredient. Utilisation rate at 247 steel mills across China rose to 78.40% last week from 76.89% a

Shanghai steel futures reversed course and closed lower on Thursday, as higher inventories of the construction and manufacturing material in China offset an early rally spurred by a monetary policy easing measure by the countrys central ban

The growth rate of Chinas imports of major commodities has accelerated in recent months, indicating Beijings stimulus efforts may be bearing fruit and that the impact of its trade dispute with the United States may not be as bad as feared.

The newly launched iron ore options will not only help China to have more decision power in the international market but also further enrich the countrys financial market, said experts. Approved by the China Securities Regulatory Commission

According to the latest customs data, Chinas soybean imports in October plunged 25% month-on-month and 11% year-on-year. Imports during the first ten months of the year were also down by 8% compared to the same period last year. The sharp d

Chinas iron ore futures jumped more than 2% on December 3 after Vale SA, the worlds largest iron ore miner, lowered its production outlook for the steelmaking raw material. Dalian Commodity Exchanges most-traded iron ore contract, with Janu

The China Ningbo Containerized Freight Index (NCFI) has seen a significant drop in freight indices in the Australia and New Zealand route due to decline of shipment demand. NCFI, a wind vane of Chinas busiest ports freight rates for the int

SMM estimates that 87 vessels carrying 11.81 million mt of iron ore arrived at major Chinese ports during November 10-16, up 530,000 mt from the week ended November 9. The marked a rebound after two straight weeks of decline. During Novembe