After several months of negotiations, India's annual potash fertilizer contract was finally announced on April 4, 2023.

Xinhua news in Beijing, January 4 (reporters Xu Ke, Dong Xue), Foreign ministry spokesman Wang Wenbin said at a regular press conference that Regional Comprehensive Economic Partnership (RCEP) has enabled regional countries to deepen cooperation and increase efficiency, which is a major victory for multilateralism and free trade. China will work with all parties to actively participate in the construction of RCEP mechanism and make positive contributions to regional prosperity and world economic

On 9 Nov., Argentine grain port workers have staged a surprise strike because of poor wage negotiations and other factors, delaying exports by one of the world's largest exporters, the labor union representing the country's grain port workers expressed on Monday.

China's imports and exports totaled 14.76 trillion yuan in the first 5 months of this year, up 28.2 percent year-on-year and 21.6 percent from the same period in 2019, the General Administration of Customs said on Monday.Of this, exports reached 8.04 trillion yuan, up 30.1 percent year-on-year and 23.6 percent over the same period in 2019;Imports reached 6.72 trillion yuan, up 25.9% year on year and 19.2% over the same period in 2019;The trade surplus was 1.32 trillion yuan, up 56.2 percent

Recently, according to the news from the China Chamber of Commerce for Importers and Exporters of Metals, Minerals and Chemicals, since the outbreak of the epidemic, countries around the world pay special attention to the issue of food production safety, the global demand for chemical fertilizers continues to rise.

Recently, OPEC released its monthly market report, focusing on oil production in the US. OPEC said that economic activity has bounced back widely, but the shale oil industry has shown few signs of recovery and oil production in the US will fall again this year.

The Ministry of Finance, the General Administration of Customs and the State Administration of Taxation jointly issued a notice on May 14, saying that starting from June 12, some refined oil will be regarded as naphtha or fuel oil to collect consumption tax on imports.

In the first four months of this year, the total value of China's imports and exports was 11.62 trillion yuan, up 28.5% year-on-year and 21.8% over the same period in 2019, according to the General Administration of Customs. Exports accounted for 6.32 trillion yuan, up 33.8% year-on-year and 24.8% over the same period in 2019, and imports reached 5.3 trillion yuan, up 22.7% year-on-year and 18.4% over the same period in 2019. The trade surplus was 1.02 trillion yuan, rising by 149.7% year-o

Data showed that from January to March, the total profit of industrial enterprises above designated size in China reached 1.82538 trillion yuan, up 1.37 times year on year, up 50.2% over the January-March period in 2019, and up 22.6% on average in the two years.

In the post-COVID-19 era, the demand for conventional energy is still huge. The International Energy Agency (IEA) released its Global Energy Review 2021 on Tuesday, predicting that this year's demand for coal and natural gas would exceed that of 2019.

According to the American Chemistry Council (ACC), global chemical production increased 1.4% in February, the growth rate was slightly slower than January.

The chemical industry had an outstanding performance in the first quarter. According to Wind data, up to the close of April 6, 47 listed companies in the first-class chemical industry of SYWGCHE have published their first-quarter performance forecast. Except one Hongda New Material, the performance of the other 46 listed companies are all reported to be pre-positive (pre-positive, profitable, slightly positive), with the pre-positive ratio as high as 97.87%.

Flight HU787 Haikou to Paris took off from Haikou Meilan International Airport with 35 tons of cargo at 1:30 am on 27 March, marking the official opening of the first scheduled intercontinental cargo route in Hainan Free Trade Port.

News of the new network on Mar., 17, the International Energy Agency (IEA) claimed that the current market's prediction of a new round of oil super cycle is overblown. and the global crude oil stocks still remained well above the level of a year ago when the COVID-19 began to have an impact on oil demand.

China's fixed asset investment (excluding rural households) rose 35.0% year on year, reaching 4523.6 billion yuan in January and February, according to data released by the National Bureau of Statistics on March 15. Of this, private investment in fixed assets was 2618.3 billion yuan, up 36.4% year on year.

The outlook for the oil market is generally positive since the uncertainty in the market has been relieved, but the downside risks caused by COVID-19 remain, said by Barkindo recently, the secretary-general of the Organization of the Petroleum Exporting Countries (OPEC).

According to data released by the National Development and Reform Commission on February 26, the added value of the chemical industry in 2020 increased by 3.4% year on year, and the growth rate will drop by 1.4 percentage points.

On February 18, influenced by the rapid rise of international oil prices and other multiple factors, oil stocks of China's stock market were on a roll in the opening of the year, domestic energy commodity futures showed strong performance, and the chemical market was also going up significantly after the holiday.