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...

China’s Lithium Giant to Buy $4.1 Billion Stake in Chile’s SQM

China’s lithium battery giant Tianqi Lithium Corp said on Thursday (May 17) that it will buy a 24 percent stake of Chile lithium producer SQM, the world’s second-largest lithium producer, for about 4.1 billion...

China’s Demand for African Coffee Presents Huge Market Potential

From Feb. 13 to 15, the 17th African Fine Coffees Conference and Exhibition was held in Kigali, the capital of Rwanda. The conference brought together more than 600 delegates, including 65 exhibitors from all...

Latin American Steel Production, Consumption and Trade Profile in 2017

Latin America produced 52.9 million tons of finished steel during 2017, up 4% from the 50.80 million tonnes in 2016, according to data from regional steel organization Alacero. Brazil was the main producer with an...

Opportunities and Challenges of Lithium-Ion Battery Market

Lithium-ion battery market is expanding fast with the prosperous growth of new energy in these years. According to the report from Grand View Research, “the global lithium-ion battery market is expected to reach USD...

China May Experience Larger Seasonal Swings in LNG Prices

Chinese government agencies converted tens of thousands of homes and factories from burning coal to natural gas since the end of last year. Beijing’s crackdown on pollution has an immediate effect on cleaner skies,...

Copper Market Outlook 2020

Copper has been known and used since ancient times and it is the most cost-efficient, durable and reliable metal used as an electrical conductor. Forecasted by ICSG, global consumption of refined copper is projected...

Chemical Industry in India Is Experiencing a Rapid Growth

Chemical Industry is a major sector in India’s economy. India Brand Equity Foundation introduces that “among the most diversified industrial sectors, chemicals cover an array of more than 70,000 commercial products.” India is a...

Chile’s Copper Output to Increase 13.9% In Next Decade

As the world’s largest copper-producing country, Chile is expected to see an increase of 13.9 percent in copper production by 2028 from the levels in 2016, as the newly-launched mining projects and expansion of the original...

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...

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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...