Ministry of Commerce:A spokesperson for the Ministry of Commerce said that the EU ignored China's repeated representations and dissuasions, insisted on going its own way, and included four Chinese companies in the sanctions list in the 13th round of sanctions against Russia, which is a unilateral sanction and "long-arm jurisdiction" without international legal basis and authorization from the UN Security Council. This act violates the spirit of the consensus reached at the China-EU summit and will have a negative impact on China-EU economic and trade relations. China firmly opposes this and urges the EU to proceed from the overall interests of the China-EU Comprehensive Strategic Partnership and unconditionally stop listing Chinese companies. China will resolutely safeguard the legitimate rights and interests of Chinese enterprises.
SSE News:On February 26, Cui Dongshu, secretary general of the passenger association, said in his personal WeChat that the new energy trend in January was not strong, resulting in the national passenger car inventory falling to 3.37 million units at the end of January, including 730,000 manufacturers in inventory, 2.64 million in channel inventory, and 216%。Iron ore:From February 19th to February 25th, the total amount of iron ore arrivals in China's 47 ports was 211880,000 tons, a decrease of 458 from the previous month50,000 tons; China's 45 ports of iron ore arrivals totaled 203060,000 tons, a decrease of 497 from the previous month90,000 tons; The total amount of iron ore arrivals in the six northern ports was 106780,000 tons, a decrease of 311 from the previous month60,000 tons.
From February 19th to February 25th, the total shipment volume of Mysteel iron ore in Australia and Brazil was 207850,000 tons, a decrease of 397 from the previous month70,000 tons. Australia shipment volume 141010,000 tons, a decrease of 315 from the previous month70,000 tons, of which 1,033 were sent from Australia to China00,000 tons, a decrease of 528 from the previous month50,000 tons; Brazil shipments were 66840,000 tons, a decrease of 82 from the previous month00,000 tons. The total amount of global iron ore shipments in this period was 260370,000 tons, a decrease of 442 from the previous month90,000 tons; （mysteel）
Coke:Some steel mills in Tangshan, Handan, Shijiazhuang and Xingtai plan to reduce the amount of wet quenched coke by 100 yuan and dry quenching coke by 110 yuan, which will be implemented from 0:00 on February 27, 2024. （mysteel）
Palm Oil:Malaysia's palm oil exports from February 1 to 25 were 951409 tonnes, down 10 tonnes from the 1064778 tonnes exported in the same period last month, according to ITS data65%。
According to the Southern Peninsula Palm Oil Crushers Association (SPPOMA), Malaysia's palm oil yield decreased by 4 percent from February 1-25, 202409%, the oil yield increased by 046%, production decreased by 17%。
Malaysia's palm oil exports from February 1 to 25 were 863108 tonnes, down 14 tonnes from the 1006930 tonnes exported in the same period last month, according to AMSPEC, Malaysia's independent inspection agency28%。(Xinhua Finance).
Styrene:As of February 26, the total sample inventory of Jiangsu styrene port was 25370,000 tons, an increase of 3 from the 18th140,000 tons, amplitude +1413%。The volume of goods is in stock 20870,000 tons, an increase of 3 from the 18th740,000 tons, a range of +2183%。On the news side, there are still many arrivals and replenishments, but the downstream recovery progress is not good, the delivery is lower than the arrival, and the port inventory continues to rise. (Longzhong Information).
Shanghai Copper:On February 26, the spot inventory of electrolytic copper in the domestic market was 28860,000 tons, an increase of 2 from the 19th280,000 tons, an increase of 1 from the 22nd720,000 tons; Shanghai stock 18970,000 tons, an increase of 1 from the 19th960,000 tons, an increase of 1 from the 22nd650,000 tons. （mysteel）
Shanghai lead:On February 26, 2024, the social inventory of lead ingots in the main domestic market was 5400,000 tons, an increase of 0240,000 tons, an increase of 0610,000 tons. （mysteel）
Article**: Oriental Wealth Research Center).