EU Agrees to End Coal Subsidies For Driving Cleaner Energy

The European Union reached on Dec. 19 a deal over a proposed reform of the bloc's electricity market, including stepwise elimination of coal subsidies by 2025. The deal encompasses a suite of new laws designed...

Dry Spell in Brazil Hits Second-Corn

Brazil’s northern growing regions are continually suffering dry weather, which peaks in June, July and August. The lasting drought is likely to hurt Brazil’s second-corn, prompting flashbacks to the ill-fated 2018 harvest. Second corn, also...

China Will Accelerate Its “Green Shift”

On March 5, Chinese Premier Li Keqiang delivered government’s work report to the first session of the 13th National People's Congress (NPC). The report outlines the achievements made over the past five years and...

Rain Deficit to Hit India’s Sugar Production Next Year

India could see a decline in sugar production for 2019-20 as drought conditions in two of the country’s major producing regions is causing big troubles to farmers who are struggling to sow cane. An output reduction would slash exports from the world’s...

Avocado, the “Green Gold” of Global Trade

Local residents of Michoacán named avocado the “Green Gold” of Mexico. It’s the precious commodity drives Michoacán’s economy and feeds an American obsession. It is planted mainly in the fertile volcanic soil of Michoacán,...

China’s Iron Ore Imports Drop in June

Chinese imports of iron ore were recorded with a significant decline in June, down 11.6 percent from the previous month, according to official data recently released. It was believed that the fall comes as China...

Special Notes of China Steel Demand in 2018

China has been world’s largest steel consumer for decades. In 2017, the positive market performance on steel consumption through the year brings 3% to 4% increase of China steel demand. The accelerated pace of China’s...

B2B E-Commerce Solutions for Chemical Industry

Most industries have been influenced by the global economic slowdown in recent years, and chemical industry needs to overcome the challenge in such circumstances. According to 2017 Chemicals Trends reported by PricewaterhouseCoopers (PwC), “Chemical...

The U.S. Crude Price Hits Three-Year High in Tight Market

Reported by Retuers, oil prices edged higher on Jan.9, with the U.S. crude touching its highest since December 2014, supported by OPEC-led production cuts and expectations that the U.S. crude inventories have dropped for...

Freeways Make Free Energy? China Paves Roads with Solar Panels

Western countries have been considering paving roads with solar panels for many years. The Chinese have already done it, installing panels on the downhill section of a freeway in Shandong Province. The world's first photovoltaic(PV)...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...