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State Department press conference: the United States has promised to abolish some of the tariffs to be imposed and already imposed on China

As the two sides reach the first phase of the agreement, the United States has pledged to abolish some of the tariffs it intends to impose and have already imposed on China, and will increase the intensity of tariff exemption for Chinese exports to the United States.

11:25:52PM

State Department tariffs trade agreements
Vice Minister of Commerce Wang Shouwen: agreement has been reached on the text of the first phase of the economic and trade agreement between China and the United States

Wang Shouwen said that through the joint efforts of the economic and trade teams of China and the United States, the two sides have reached agreement on the text of the first phase of the economic and trade agreement between China and the United States on the basis of the principles of equality and mutual respect.

11:11:24PM

Sino-US trade consultation tariffs
China New Office Press Conference: agreement on the text of the first Phase of Economic and Trade Agreement between China and the United States

[important] the Information Office of the State Council is scheduled to hold a press conference at 23:00 on Friday, December 13, 2019, inviting Ning Jizhe, deputy director of the National Development and Reform Commission, Liao Min, deputy director of the Office of the Central Financial and Economic Commission and Vice Minister of Finance, Zheng Zeguang, vice minister of foreign affairs, Han Jun, vice minister of agriculture and village, and Wang Shouwen, vice minister of commerce and deputy representative of international trade negotiations, to brief them on the progress of Sino-US economic and trade consultations. And answer questions from reporters.

11:07:14PM

New Office of the people's Republic of China
[SMM analysis] can the recovery of stainless steel prices continue to rise?

The price of stainless steel has been falling since the end of October. At the beginning of December, the price was 1000 yuan / ton lower than that at the end of October. This week, the price "came back to life." due to the reversal of nickel prices, the spot market of stainless steel has been stirred up by the wind, setting off an upsurge in prices.

07:52:59PM

Stainless steel quotation output inventory price forecast
[stock market recovery] the three major stock indexes rose. The Prev index rose 1.8%. Financial concept stocks rose sharply.

By the end of the day, the Shanghai index was up 1.78% at 2967.68 points, the Shenzhen Composite Index was up 1.71% at 10004.62 points, and the Chuang Index was up 2.00% at 1755.41 points. Northward capital inflow accelerated at the end of the day, as of press release, the net inflow exceeded 7 billion yuan. Of this total, Shanghai shares had a net inflow of 4.137 billion yuan, while Shenzhen shares had a net inflow of 2.91 billion yuan. In late trading, the index continued to rise, the Shenzhen Composite Index recovered 10000 points, the Chuang Index rose 2%, and the Shanghai Stock Exchange 50 rose more than 2%. On the disk, the concept of Guangdong, Hong Kong and Australia Bay area continued to pull up, the market sentiment was hot, the two cities more than 2000 stocks floating red

06:21:50PM

A shares macro investment capital markets
[SMM thread] spot price decline remains unchanged, but downlink space is limited

This week the thread period snail performance is more strong, the spot price has not ended the decline.

06:09:28PM

Weekly review production inventory
[SMM Daily Review] Shanghai Nickel four consecutive rises and falls non-ferrous Metals rise and fall each other Black Series Minerals rise and fall crude Oil rises by more than 0.4%

Today, non-ferrous metals rose and fell halfway. By the end of the day, Shanghai nickel led another strong rise, up more than 1%, but reduced its position by nearly 12000 hands. In addition, Shanghai copper, which has performed quite well in recent days, temporarily declined today. Today, the main force of Shanghai copper walked out of a roller coaster market. In the morning, or because of good trade news, it opened low and walked high, but it began to dive again in the afternoon, with wide shocks.

04:57:34PM

SMM comments aluminum price copper price zinc price lead price
State Department press conference: the United States has promised to abolish some of the tariffs to be imposed and already imposed on China

State Department press conference: the United States has promised to abolish some of the tariffs to be imposed and already imposed on China

As the two sides reach the first phase of the agreement, the United States has pledged to abolish some of the tariffs it intends to impose and have already imposed on China, and will increase the intensity of tariff exemption for Chinese exports to the United States.

11:25:52PM

State Department tariffs trade agreements
Vice Minister of Commerce Wang Shouwen: agreement has been reached on the text of the first phase of the economic and trade agreement between China and the United States

Vice Minister of Commerce Wang Shouwen: agreement has been reached on the text of the first phase of the economic and trade agreement between China and the United States

Wang Shouwen said that through the joint efforts of the economic and trade teams of China and the United States, the two sides have reached agreement on the text of the first phase of the economic and trade agreement between China and the United States on the basis of the principles of equality and mutual respect.

11:11:24PM

Sino-US trade consultation tariffs
China New Office Press Conference: agreement on the text of the first Phase of Economic and Trade Agreement between China and the United States

China New Office Press Conference: agreement on the text of the first Phase of Economic and Trade Agreement between China and the United States

[important] the Information Office of the State Council is scheduled to hold a press conference at 23:00 on Friday, December 13, 2019, inviting Ning Jizhe, deputy director of the National Development and Reform Commission, Liao Min, deputy director of the Office of the Central Financial and Economic Commission and Vice Minister of Finance, Zheng Zeguang, vice minister of foreign affairs, Han Jun, vice minister of agriculture and village, and Wang Shouwen, vice minister of commerce and deputy representative of international trade negotiations, to brief them on the progress of Sino-US economic and trade consultations. And answer questions from reporters.

11:07:14PM

New Office of the people's Republic of China
[SMM analysis] can the recovery of stainless steel prices continue to rise?

[SMM analysis] can the recovery of stainless steel prices continue to rise?

The price of stainless steel has been falling since the end of October. At the beginning of December, the price was 1000 yuan / ton lower than that at the end of October. This week, the price "came back to life." due to the reversal of nickel prices, the spot market of stainless steel has been stirred up by the wind, setting off an upsurge in prices.

07:52:59PM

Stainless steel quotation output inventory price forecast
[stock market recovery] the three major stock indexes rose. The Prev index rose 1.8%. Financial concept stocks rose sharply.

[stock market recovery] the three major stock indexes rose. The Prev index rose 1.8%. Financial concept stocks rose sharply.

By the end of the day, the Shanghai index was up 1.78% at 2967.68 points, the Shenzhen Composite Index was up 1.71% at 10004.62 points, and the Chuang Index was up 2.00% at 1755.41 points. Northward capital inflow accelerated at the end of the day, as of press release, the net inflow exceeded 7 billion yuan. Of this total, Shanghai shares had a net inflow of 4.137 billion yuan, while Shenzhen shares had a net inflow of 2.91 billion yuan. In late trading, the index continued to rise, the Shenzhen Composite Index recovered 10000 points, the Chuang Index rose 2%, and the Shanghai Stock Exchange 50 rose more than 2%. On the disk, the concept of Guangdong, Hong Kong and Australia Bay area continued to pull up, the market sentiment was hot, the two cities more than 2000 stocks floating red

06:21:50PM

A shares macro investment capital markets
[SMM thread] spot price decline remains unchanged, but downlink space is limited

[SMM thread] spot price decline remains unchanged, but downlink space is limited

This week the thread period snail performance is more strong, the spot price has not ended the decline.

06:09:28PM

Weekly review production inventory
[SMM Daily Review] Shanghai Nickel four consecutive rises and falls non-ferrous Metals rise and fall each other Black Series Minerals rise and fall crude Oil rises by more than 0.4%

[SMM Daily Review] Shanghai Nickel four consecutive rises and falls non-ferrous Metals rise and fall each other Black Series Minerals rise and fall crude Oil rises by more than 0.4%

Today, non-ferrous metals rose and fell halfway. By the end of the day, Shanghai nickel led another strong rise, up more than 1%, but reduced its position by nearly 12000 hands. In addition, Shanghai copper, which has performed quite well in recent days, temporarily declined today. Today, the main force of Shanghai copper walked out of a roller coaster market. In the morning, or because of good trade news, it opened low and walked high, but it began to dive again in the afternoon, with wide shocks.

04:57:34PM

SMM comments aluminum price copper price zinc price lead price