September 8, 2017 MB cobalt Quote:

Cobalt (Co: ≥99.8%): 29.18 US dollars / lb, the rate of decline: 0%;

Cobalt (Co: ≥99.3%): 28.65 US dollars / pound rate of decline: 0%;

September 10 cobalt commodity index was 154.26, compared with the highest point in the cycle of 155.76 points (2017-09-04) fell 0.96%, compared with 2016 July 05 the lowest point 69.84 points rose 120.88%. (Note: cycle refers to 2011-09-01 so far).

MB quotes are quoted by the independent quotation body of the British Metal Guide (MetalBulletin referred to as MB) on the basis of quotation traders and suppliers. Weekly MB will be reported twice the price. This pricing mechanism is not transparent, easy to lead to market manipulation. Although this pricing mechanism has been criticized, LME also tried to replace the MB cobalt pricing mechanism through cobalt futures, but the actual effect is not obvious.

September 8, the Asian styrene market closed both rose 6 US dollars / ton, FOB Korea to close at 1389-1390 US dollars / ton, CFR China to close at 1416-1417 US dollars / ton.

September 8 European p-xylene market closing price fell 6 US dollars / ton, the closing price of 781-783 US dollars / ton FOB Rotterdam.

September 8 US p-xylene market closing price rose 5 US dollars / ton, the closing price of 785-795 US dollars / ton FOB US Harbor.

September 8, the Asian region p-xylene market closing price rose 4.5 US dollars / ton, the closing price of 829.5-831.5 US dollars / ton FOB Korea and 847.5-849.5 US dollars / ton CFR China.

September 8, the United States WTI crude oil futures fell in October, reported $ 47.48 / barrel, down $ 1.61. Brent crude futures fell in November, reported $ 53.78 / barrel, down $ 0.71.

Last week (9.4-9.8) under the influence of the situation in North Korea, the market risk aversion warming. Lun zinc frustrated Powei down, led the colored plate. Zhou Chou Lun zinc high sell, heavy volume fell, fell 3200 US dollars / ton mark after breaking 5, 10 day moving average, low 3065 US dollars / ton. Into the second half, the dollar continued weakness, fell below the 92 mark, supporting the metal began to rebound, London zinc center of gravity gradually raised to 3120 US dollars / ton near the short stay. Friday afternoon, zinc prices between the diving, straight line dropping 20 day moving average.

On Friday (September 8) London zinc opened at 3130.5 US dollars / ton, Asian time Lun zinc opening run at 3130-3160 US dollars / ton, 14:00 pm, London zinc center of gravity down to the daily average sideways ; Europe and the United States period, the outer disk base fell across the board dragged zinc prices, London zinc continued to fall sharply to the lowest point of 3025 US dollars / ton, closing at 3033.5 US dollars / ton, down 100.5 US dollars, down 3.21 percent, volume 14363 increase 4708 Hand, open positions 310588 increase 572 hand Lun zinc turnover by 1327 hand to 43,000 hands near the open interest increased by 6200 to 31 million hands.

September 10 zinc (market) commodity index was 147.38, compared with the highest point of 155.02 points (2017-08-21) fell 4.93%, compared with November 22, 2015 the lowest point 72.28 points rose 103.90%. (Note: cycle refers to 2011-09-01 so far).

Beijing time on September 9, Bloomberg said the forefront of industrial metal prices in the dazzling rally Friday (September 8) came to an end, by the North Korean geopolitical situation and concerns about China’s manufacturing industry dragged down.

London Metal Exchange 5:52 pm local time, nickel prices fell 4.6%, the settlement price of $ 11,590 / ton, the highest decline since November 2016 the largest since. Copper fell 3 percent to $ 6,693 / t, taking the week’s gains. Traders rush to exit, New York copper contract transactions than 100 days at this time the average turnover of 63% higher.

The London Metal Exchange’s six major metals indices fell the biggest since November, and China’s slowdown in export growth worries that the appreciation of the renminbi has hurt China’s manufacturing industry and has had an impact on global trade. North Korea this weekend may also launch guide dan, which also exacerbated the anxiety of investors, and this time the market is also facing extreme weather conditions may bring economic impact. Hurricane Harvey just ended, Hurricane Ima is raging in the Caribbean, the next step will be moved to Florida.

Heilongjiang Entry-Exit Inspection and Quarantine Bureau on September 9 issued a message, Sino-Russian crude oil pipeline in August 2017 imports of Russian crude oil 1.44 million tons. At this point, the total crude oil pipeline in China has reached 104.92 million tons of total oil.

Russia is an important source of China’s crude oil imports. For a long time, the crude oil trade between China and Russia is mainly through rail transport, there are risks, high freight disadvantages. By 2011, the full length of nearly half a kilometer of crude oil pipeline officially put into operation, opened between China and Russia through the pipeline transport of crude oil history.

Sino-Russian crude oil pipeline from the Russian Far East crude oil pipeline Siwouo Luoduo sub-transmission station, through the Sino-Russian border, through China’s Heilongjiang Province and Inner Mongolia Autonomous Region, ending in Daqing, pipeline Russia within the length of about 72 km, China’s long 927.04 Km; January 1, 2011 officially opened, the design of annual oil output of 15 million tons, the largest annual oil supply of 30 million tons, is the direction of China’s oil and gas imports in the northeast of a strategic way.

According to the Heilongjiang Entry-Exit Inspection and Quarantine Bureau released data show that as of August 31, 2017, the cumulative inspection of Sino-Russian crude oil pipeline supervision of Russian imports of 104.92 million tons of crude oil.

According to the latest statistics of the General Administration of Customs, the total import and export value of China’s goods trade was 17.83 trillion yuan (the same below) in the first eight months of 2017, up 17.1 percent over the same period of last year. Among them, exports 9.85 trillion yuan, up 13%; imports 7.98 trillion yuan, up 22.5%; trade surplus of 1.87 trillion yuan, narrowing 15.1%.

In August, China’s import and export value of 2.41 trillion yuan, an increase of 10.1%. Among them, the export of 1.35 trillion yuan, an increase of 6.9%; imports 1.06 trillion yuan, an increase of 14.4%; trade surplus of 286.5 billion yuan, narrowing 14%.

Statistics show that from January to August China’s exports of plastic products 172.86 billion yuan, an increase of 16.3%. Electrical and electronic products exports 2.45 trillion yuan, an increase of 11%. Car exports 63 million, an increase of 44.4%.

The first 8 months, China imported primary plastic 18.45 million tons, an increase of 11.6%, the average import price of 11,500 yuan per ton, up 10.4%. Imported cars 800,000, an increase of 20.3%.

General trade import and export growth, the proportion of promotion. In the first eight months, China’s general trade import and export of 10.12 trillion yuan, up 17.9%; of which exports 5.39 trillion yuan, up 11.6%; imports 4.73 trillion yuan, up 26%; trade surplus 650.37 billion yuan, narrowing 39.1 %.

On the European and American countries such as ASEAN import and export growth. The first eight months, China and the EU trade value of 2.71 trillion yuan, an increase of 16.1%. Sino-US trade value of 2.53 trillion yuan, an increase of 19.1%. The first eight months, China and ASEAN bilateral trade amounted to 2.2 trillion yuan, an increase of 19.9 %%. Sino-Japanese trade value of 1.32 trillion yuan, an increase of 15.4%.

China’s foreign trade export pilot index was flat. In August, China’s foreign trade export pilot index was 41.9, basically the same as last month. According to the network survey data show that the month, China’s export managers index was 44.7, down 0.2 from the previous month; new export orders index, export enterprises comprehensive cost index fell 0.6 to 47.8,22.6, export managers confidence index rebounded 0.3 to 50.9.