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Real-time News
August 17th - According to Shanghai Customs statistics, in the first seven months of this year, Shanghais ship exports reached 40.09 billion yuan, a year-on-year increase of 64.1%, with high-end vessels such as liquid cargo ships and large container ships accounting for 83.9%. Shanghai is an important industrial base for high-end shipbuilding and marine engineering equipment in my country, possessing a relatively complete system for R&D, design, assembly, construction, core components, and supply chain services. Surveys show that major shipbuilding companies in Shanghai currently have full production capacity and ample order backlogs, with some companies production schedules extending to 2030.According to Shanghai Customs statistics, in the first seven months of this year, Shanghais ship exports reached 40.09 billion yuan, a year-on-year increase of 64.1%, with high-end vessels such as liquid cargo ships and large container ships accounting for 83.9%. Shanghai is an important industrial base for high-end shipbuilding and marine engineering equipment in my country, possessing a relatively complete system for R&D, design, assembly, construction, core components, and supply chain services. Surveys show that major shipbuilding companies in Shanghai currently have full production capacity and ample order backlogs, with some companies production schedules extending to 2030.On August 17th, Jia Yueting, founder, partner, and chief product and user ecosystem officer of Faraday Future (FF), announced that FF robots have entered a new stage of rapid revenue growth and are exploring independent financing and listing for robots.On August 17th, Futures News reported that South Africas platinum group metals (PGM) production declined by 8.4% year-on-year in June, becoming the main factor dragging down the countrys total mining output, which fell by 4.0% year-on-year in June. PGM production had surged by 36.5% year-on-year in April due to a low base, but turned negative in May and June, indicating that the recovery on the supply side was slower than expected. Mineral sales benefited from high year-on-year growth in international platinum and palladium prices. The data are preliminary; the National Bureau of Statistics does not break down the physical production of individual platinum and palladium products.The SC crude oil futures contract surged 4.00% intraday, currently trading at 577.10 yuan/barrel. The ethylene glycol futures contract jumped 200.00 yuan intraday, currently trading at 5073.00 yuan/ton, a gain of 4.10%. The polypropylene (PP) futures contract rose 200.00 yuan intraday, currently trading at 8604.00 yuan/ton, a gain of 2.38%.