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What is invoice factoring and how can it help businesses get on top of...

According to recent market data from small businesses, around 10% of small and medium sized enterprises don’t get paid from their customers on time - on average, invoices are, on average, paid after two...

European Spot Styrene Price Continues to Go High

European spot styrene prices continued on an uptrend this week, surging to the highest level since early September last year, although industry insiders are puzzled about the main drivers behind this strong and continuous price rise. Since...

Chinese Power Producers Seek More Coal During New Year Holidays

At the end of January in the new year, Chinese major power producers asked the country's National Development Reform Commission to increase coal supplies during the Lunar New Year holidays as they expect near-term...

Coal India Lowers the Power Generation Cost in the Challenges

Under the tremendous production pressure, Coal India foresees fierce competition raises from private sector in the near future. Gopal Singh, chairman of Coal India said to employees:” There would be more challenges ahead. In...

Coal India May Miss Annual Output Goal for FY 18

Coal India Limited (CIL), the largest coal miner in India, produced 54.63 million tonnes of coal in December 2017, falling short of a predetermined target of 58.89 million tonnes, the company said in a...

Australia Expects Iron Ore Price to Fall 20 Percent in 2018

At the beginning of a new year, Australia released its forecast on iron ore prices this year, which is expected to average $51.50 a ton, down 20 percent from 2017, due to climbing global supply...

Oil Rises in 2018 after OPEC Deal on Output Cuts

After major oil producers announced to extend output cuts in October, industry analysts have raised their forecasts for the crude price of the coming 2018. Led by Russia, OPEC members and other oil export countries...

Ford CEO: China Will Take the Lead in Electric Vehicle Area

Electric vehicle has emerged in the auto industry these years as it is a typical case which takes advantages of new energy. UBS's latest global auto survey predicts that “one in five cars sold...

First Chinese Pear Debuts in Chile

Chile is well known for its agricultural products. Agricultural export has been a key diver of Chile’s economy, the export volume of Chile reached $58.5B in 2016, making it the 35th largest exporter in...

India Government Unlikely to Scrap Customs Duty on Import of Solar Panels

India government rejected requests from the Ministry of New and Renewable Energy (MNRE) to cancel tariffs on solar panels imposed last year, according to the minutes of a meeting held earlier this month. Therefore,...

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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...