China held its important Lianghui or two sessions (National People’s Congress and Chinese People’s Political Consultative Conference in Beijing) starting March 3rd. One of the most important sessions of the NPC is the Premier’s Work Report. Premier Li Keqiang announced in his Report that China sets 2017 economic growth target at around 6.5% with optimism that this will […]

By: Kathy Liu | Read More

Do you still remember what had happened in the carbon industry last year? China’s carbon industry  has been in a state of limited production since the middle of last year, at the same time as smelters were adding capacity. The resulting short supply caused prices to leap. Yet the operating rates in the industry have […]

By: June Wang | Read More

China’s “Air Pollution Control” regulation was formally approved on Feb. 20 and published on Feb. 28. It came into effect on Wednesday. It may sound pretty innocuous but, make no mistake, it represents a potential redefinition of the global aluminum market.   The world’s largest producer of the metal will force aluminum smelters in four […]

By: Steph | Read More

China released its 2016 total energy consumption report last week, with growth of 1.4% to 4.36 billion tons of standard coal in 2016. Compared to 2015’s 4.3 billion tons of standard coal in 2015, it was a not a big rise. On February 17th, the National Energy Board issued its 2017 Energy Work Guidance, it […]

By: Kathy Liu | Read More

I will be on the Reuters Base Metals Forum in about 2 hours time. Want to know more about the news this week of a 30% cut to aluminum capacity in target areas around China?  Will the cuts really happen?  What will it mean to the China and international markets? Why are the authorities waiting […]

By: Paul Adkins | Read More

Further to our post of about an hour ago, I just wanted to highlight one specific dot point in the new regulations about carbon companies. According to the new regulation, carbon companies who do NOT meet the standards will be ordered to close.  Fair enough, but here’s the rub – carbon companies who DO meet […]

By: Paul Adkins | Read More
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