EUR/USD
1.09326
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Gold
2656.06
0.989%
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74.964
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149.135
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1.30641
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194.830
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Real-time News
On October 13, Li Qiang pointed out that China is willing to promote cooperation in various fields with Vietnam at a higher quality and level, and consolidate the "six more" development pattern. It is hoped that the two sides will simultaneously promote the "hard connectivity" of railways, highways, and port infrastructure and "soft connectivity" such as smart customs, to provide solid support for improving the level of trade and investment facilitation and maintaining the stability and smoothness of the supply chain. China is willing to continue to expand the cake of economic and trade cooperation with Vietnam, actively study the pilot construction of cross-border economic cooperation zones, expand cooperation in emerging fields such as information technology, new energy, digital economy, and important minerals, and deepen cultural exchanges. Actively carry out cooperation on the three major global initiatives, jointly promote an equal and orderly world multipolarization and inclusive economic globalization, and maintain and promote prosperity and tranquility in Asia.October 13th news, Recently, a number of large domestic steel companies such as Baosteel, Ansteel, and Benxi Steel announced the adjustment information of product price policies in November 2024, all of which have significantly increased the ex-factory price on the basis of October, with a maximum increase of 600 yuan per ton. For this increase, industry insiders believe that it is mainly due to the significant improvement in orders compared with last month, which has also indirectly promoted the price rebound. Mysteel analysis believes that under the stimulus of market policies, consumption expectations have changed significantly, while the inventory at the downstream end is low, and a round of replenishment is concentrated, which has led to a surge in steel mill orders. Due to the emergence of a tight economic structure in the early stage, it is more common to sell orders first and then buy raw materials. This round of sharp price recovery has also forced this part of demand to show a consumption explosion, which is also the main reason why steel mills received good orders from October to November.Iraq said it produced less than its OPEC+ quota in September. Iraq’s state oil marketing organization SOMO said it cut output by 260,000 bpd to 3.94 million bpd last month.Russias Ministry of Emergency Situations announced that four people, including two children, died in a fire at a gas station in Grozny, the capital of the Chechen Republic of Russia. The Russian Ministry of Emergency Situations pointed out that the fire has now been extinguished.Ukraines state-run gas transport company TransGas said the volume of Russian natural gas flowing through the Sudzha border crossing was 41.9 million cubic meters on October 13 and 42.3 million cubic meters on October 12.
