- On December 27th, key developments included Wuxi Baichuan expanding ocean-based new energy capacity, the Ministry of Agriculture and Rural Affairs optimizing pig production regulations, and international news featuring Russian oil and gas projects and Brazil’s push for renewable energy. Domestic reforms and regional market integration were also highlighted.
- On December 26th, domestic news includes a 0.14% decrease in crude steel production and a 25 basis point reduction in deposit interest rates by joint-stock banks. Internationally, Gazprom continues to transport 40.5 million cubic meters of gas to Europe via Ukraine, and Russia projects a grain harvest of 142 million tons.
- On December 25th, key updates include: China issues a second batch of additional treasury bonds exceeding 800 billion yuan, emphasizing high-level opening up; fund managers predict the end of interest rate hikes in Europe and the US, and Maersk prepares to resume Red Sea shipping.
- On December 22nd, key updates include the central bank's symposium on economic resilience, new import tax rates for 1010 commodities, and the National Energy Work Conference.
- On December 21st, the Central Rural Work Conference emphasized grain production and market reforms, while the State Council focused on improving the business environment. Internationally, freight costs for European and Mediterranean routes are set to double, and the UK's CPI hit a two-year low.
- On December 20th, the National Development and Reform Commission (NDRC) held a press conference addressing key economic goals and investment projects. Notably, the Bank of Japan maintained ultra-loose monetary policy, while the EU extended tariff suspensions on US products until March 31, 2025.
- Key economic updates include intensified tensions in the Red Sea affecting shipping, preliminary studies on China's 15th Five-Year Plan, and the Bank of Canada's clearest statement on interest rate cuts, all impacting global markets on December 19th.
- On December 18th, China's economic operations showed 'one high, one low, and two flat' characteristics, with new regulations for non-bank payment institutions and green bonds by state enterprises. Internationally, the Fed is expected to pivot to rate cuts, Japan invests in hydrogen energy, and tensions in the Red Sea affect shipping.
- On December 15th, key domestic and international macroeconomic trends emerged. Notably, Beijing and Shanghai adjusted property market policies, while U.S. mortgage rates fell below 7% for the first time in four months. Putin highlighted Russia's economic resilience, and tensions escalated along Lebanon's southern border with Israel.
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- PIGMENTS & DYES & COATING INDUSTRY
- TITANIUM DIOXIDE
- On December 14th, key updates include robust domestic loan growth, policy directions from the China Economic Annual Conference, and international developments such as the Fed's awareness of rate cut risks and OPEC's forecast for crude oil demand growth in 2023 and 2024.
- On December 13th, domestic news highlighted the Central Economic Work Conference's focus on stability and progress, promoting new industrialization and digital economy. Internationally, the US CPI hit a new low, Argentina's peso depreciated, and a UN resolution called for a ceasefire in the Palestinian-Israeli conflict.
- On December 12th, key developments include measures to integrate domestic and foreign trade, revisions to new energy vehicle tax exemptions, issuance of treasury bonds in Hong Kong, and diverse housing needs. Internationally, U.S. inflation expectations fell, the eurozone faces a recession, and Russia suspended strong gluten wheat exports.