Myanmar Hit Their Highest Heat Records in Nearly 60 Years, Killing More than 10 People  

Published: Apr 28, 2023 22:45
According to Myanmar's meteorological department, temperatures across the country have been climbing since April this year, with at least four cities recording the highest temperatures in nearly 60 years.

According to Myanmar's meteorological department, temperatures across the country have been climbing since April this year, with at least four cities recording the highest temperatures in nearly 60 years. Temperatures exceeded 40 degrees Celsius in at least 10 cities and reached as high as 44 degrees Celsius in parts of central and western Myanmar, frequently breaking the highest temperature records ever recorded in the country. Meteorologists rate 2023 as Myanmar's hottest year on record. So far, more than 10 people have died from heat stroke across Myanmar. Myanmar's meteorological department has issued frequent warnings to the public to avoid heat and reduce outdoor activities and activities during the day.

China to Further Expand RMB Settlement for Cross-Border Trade, State Council Says

China’s Completed Shipbuilding Orders Fall in Q1 2023, But Shipbuilding Completions, New Orders and Orders on Hand All Rank Top Globally

China Responds to Japan’s Plans to Impose Exports Restrictions on Semiconductor Manufacturing Equipment

Goldman Sachs: China's Accelerated Capital Market Reform Makes A-Share Market More "Investable" for Many Foreign Investors

Is Deflation Looming in China? March PPI and CPI Create Illusion amid Soaring M2

JPMorgan, UBS and Citigroup Raise Forecasts for China’s GDP Growth in 2023

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Copper Plate/Sheet and Strip Industry Inventories Return to Normal
3 mins ago
Copper Plate/Sheet and Strip Industry Inventories Return to Normal
Read More
Copper Plate/Sheet and Strip Industry Inventories Return to Normal
Copper Plate/Sheet and Strip Industry Inventories Return to Normal
Recently, new orders for copper plate/sheet and strip downstream decreased, and demand-side prosperity weakened. The market moved past the previous state of undersupplied spot copper plate/sheet and strip and shortages of certain specifications. The shipment pace of enterprises stabilized, overall inventories returned to normal levels, and the tight supply situation ended completely.
3 mins ago
Copper Plate/Sheet and Strip Market
7 mins ago
Copper Plate/Sheet and Strip Market
Read More
Copper Plate/Sheet and Strip Market
Copper Plate/Sheet and Strip Market
According to SMM, the operating rate of the copper plate/sheet and strip industry pulled back slightly MoM in May, but still surged YoY, with the overall production base of the industry remaining at a high level. Earlier, market demand was released in a concentrated manner, and enterprises’ order intake increased significantly, leading to ample accumulated orders on hand awaiting delivery and sufficient order visibility. This effectively supported enterprises in maintaining a high production schedule pace in May. However, entering mid-to-late May, new market orders gradually decreased and demand weakened marginally. Enterprises had largely used up their previously ample orders on hand, and new orders were insufficient to sustain the high production schedule pace. Most producers chose to sc
7 mins ago
Overnight copper prices rebounded slightly, with bears reducing positions; the decline in copper prices stimulated procurement, and spot discounts narrowed noticeably [SMM Copper Morning Meeting Summary]
53 mins ago
Overnight copper prices rebounded slightly, with bears reducing positions; the decline in copper prices stimulated procurement, and spot discounts narrowed noticeably [SMM Copper Morning Meeting Summary]
Read More
Overnight copper prices rebounded slightly, with bears reducing positions; the decline in copper prices stimulated procurement, and spot discounts narrowed noticeably [SMM Copper Morning Meeting Summary]
Overnight copper prices rebounded slightly, with bears reducing positions; the decline in copper prices stimulated procurement, and spot discounts narrowed noticeably [SMM Copper Morning Meeting Summary]
SMM Morning Meeting Summary: Overnight, LME copper opened at $13,599/mt, fluctuated upward to a high of $13,683/mt in early trading, then swung wildly downward to a low of $13,590/mt near the session’s end, eventually closing at $13,590.5/mt, up 0.54%. Trading volume reached 19,200 lots, and open interest was 271,000 lots, down 1,319 lots from the previous trading day, indicating bear position reduction. Overnight, the most-traded SHFE copper 2607 contract opened at 104,780 yuan/mt, quickly rose to 104,870 yuan/mt in early trading, then fluctuated downward to a low of 104,270 yuan/mt, later swung wildly before closing at 104,390 yuan/mt, up 0.31%. Trading volume reached 30,000 lots, and open interest was 162,000 lots, down 1,482 lots from the previous trading day, indicating bear position reduction.
53 mins ago
Myanmar Hit Their Highest Heat Records in Nearly 60 Years, Killing More than 10 People   - Shanghai Metals Market (SMM)