Ministry of Commerce:In recent years, the United States has imposed high tariffs on Chinese automobiles, restricted participation in procurement, introduced discriminatory subsidy policies, and now is under the banner of setting up non-tariff barriers, which is a typical protectionist approach, which will disrupt and distort the global automotive industry chain, and will also damage the interests of American consumers. The development of China's electric vehicle industry has made positive contributions to the green transformation of the global automotive industry and the response to climate change. China urges the US to respect market principles and create a level playing field for companies from all over the world. China will continue to assess the follow-up situation of the US review and take strong measures when necessary to resolutely safeguard its legitimate rights and interests.
Interface News:On March 4, the state announced that since 24 o'clock, domestic gasoline has been raised by 125 yuan and diesel by 120 yuan. In terms of price increases, No. 92 gasoline, No. 95 gasoline and No. 0 diesel were all increased by 0$1. As a result, the cost of fuel for private car owners and logistics companies has increased. Based on the calculation of a small private car with a fuel tank capacity of 50 liters, car owners will spend about 5 yuan more to fill up a tank of gasoline; For large logistics and transportation vehicles with a full load of 50 tons, the fuel cost increases by about 4 yuan per 100 kilometers on average.
**Times:Recently, the Shanghai and Shenzhen Stock Exchanges jointly held a trading compliance training for quantitative private equity institutions to help quantitative private equity institutions timely and accurately understand the regulatory ideas and work requirements of quantitative trading, effectively improve the level of compliance trading, and prevent quantitative trading risks. This is another recent statement by the Shanghai and Shenzhen stock exchanges on quantitative trading.
Steel:On the 4th, the total scrap inventory of 300 parents and short-process steel mills nationwide was 555210,000 tons, down 0880,000 tons, down 016%；Inventory turnover days 101 day, unchanged from last Friday; The total daily consumption is 49640,000 tons, an increase of 1 from last Friday08%；The total number of daily arrivals is 50350,000 tons, an increase of 3 from last Friday63%。（mysteel）
Coal:In March, the resumption of work and production of downstream industrial enterprises accelerated, and the daily consumption of power plants rebounded steadily, and the market was generally optimistic about the market outlook. However, the current freight rate in the coal transportation market is affected by factors such as high power plant inventory, orderly replenishment of imported coal and excess capacity, and maintains a low trend. (Shanghai Shipping Exchange).
The seaborne coking coal spot market was mixed on March 4. The overall transaction in the market is light, ** for the shipment ** loose, individual coal types fell by 20-30 yuan tons, and the cost-effective advantages of individual coal types were highlighted, and the market price rose by 20 yuan tons. Russia's K4 main coking coal is 2120 yuan ton, down 30 yuan ton; GJ1 3 coking coal 1410 yuan ton; elga fertilizer coal 1490 yuan ton, up 20 yuan ton; Inarin fertile coal 1730 yuan ton; K10 lean coal 1680 yuan ton; GZH1 3 coking coal 1450 yuan ton; Port cash includes tax and self-excursion. （mysteel）
Sugar:On March 4, the spot transaction price of white sugar in Guangxi was 6,369 yuan ton, **10 yuan ton; Guangxi Sugar Group's ** range was 6410 6690 yuan tons, and some of them were reduced by 10 yuan tons; Yunnan Sugar Group's ** range was 6390 6430 yuan tons, down 10 yuan tons; The mainstream range of processed sugar factories is 6650 6970 yuan, and only Jinling is 10 yuan. Spot ** showed signs of stabilization, ** business inquiries increased, and transactions picked up slightly. (Pansaccharide Technology).
In February, Yunnan produced 48 sugar in a single month770,000 tons, a year-on-year decrease of 7140,000 tons; Sugar sales in a single month are 15530,000 tons, a year-on-year decrease of 7390,000 tons; Industrial inventories were 60350,000 tons, a year-on-year decrease of 13440,000 tons. (Yunnan Sugar Network).
Cotton:According to the March global production and demand** report released by the International Cotton Advisory Committee (ICAC), the global cotton output in 2023 24 will be 24.31 million tons, a slight downward revision from the previous month. Global cotton consumption was 23.76 million tons, an increase of 500,000 tons from the previous month, mainly due to the expected increase in China's consumption. ICAC expects the Kautluk A Index to be 83 in 2023 245-102.3 cents pound at a median price of 9173 cents lb. (China Cotton Storage Information Center).
Grease:As of March 1, 2024 (the 9th week), the total commercial inventory of soybean oil, palm oil, and vegetable oil in key areas of the country is 1898.75 million tons, a decrease of 3 from last week690,000 tons, a decrease of 191%；This is the same as that of the third day of 2023, the third day of 2023 is 198370,000 tons, a decrease of 8490,000 tons, a decrease of 428%。（mysteel）
Hogs:Wen's shares said in the institutional survey on March 1 that in January, the company's pig breeding disease prevention and control effect was good. The comprehensive cost of pig breeding in January was 78—7.9 yuan catty. Among them, Hainan, Jiangxi, Guangxi and other 9 provincial-level regions pig unit cost is less than 8 yuan. **Times:
Urea:At present, the country's key fertilizer production enterprises are operating at full capacity, urea production enterprises have reached about eighty percent, diammonium phosphate production enterprises have reached more than sixty percent, and the operating rate is at a high level. The increase in operating rate has also increased the output of chemical fertilizers compared with the same period last year, and the output of urea, diammonium phosphate and potassium chloride has increased year-on-year. In order to ensure that spring farming agricultural materials are in place, all localities and departments focus on promoting production and marketing docking, speed up the procurement of goods, reserve progress, coordinate the implementation of railway, highway, waterway delivery plan, do a good job in cross-regional adjustment and transportation of agricultural materials, timely distribution to grassroots outlets. As of the end of February, the national provincial fertilizer rate was 712%, 1. faster than the same period last year7 percentage points. (CCTV Finance).
00:00 USDA export inspection report the next day
Article**: Oriental Wealth Research Center).