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Chinese economy

Latest news updates related to the Chinese economy.

China's oil refining output hit a four-year low of 13.3 million barrels per day.

Oil refining activity in China in April 2026 fell 5.8% to its lowest level since 2022 due to negative profit margins and weakening domestic demand.

Market

Iron ore prices recovered to 800 CNY/tonne after a six-session losing streak.

Iron ore prices recovered on expectations of increased hot pig iron production in China as blast furnaces resume operation, although pressure from interest rates and natural disasters remains.
Steel prices today, May 20th: Domestic steel prices remain unchanged, world iron ore prices fall to a two-week low.

The domestic construction steel market remained stable at 15,430 VND/kg, while iron ore prices fell sharply due to new capacity restrictions from China.

On the occasion of the US President's visit to Beijing, reflecting on China's 'Dual Circulation' doctrine.

2020 marked a major shift in China's development thinking when it officially launched its "dual circulation" strategy.
Iron ore prices fell for the fourth consecutive session on May 15th due to persistently high inventories in China.

Iron ore prices on the Dalian and Singapore exchanges fell simultaneously as port inventories remained high and investors remained cautious ahead of US-China talks.
International steel prices rose slightly in January 2026 amid expectations of economic stimulus from China.

The global steel market saw a slight recovery at the beginning of 2026 due to rising raw material costs and infrastructure support packages from China, significantly impacting the Vietnamese steel industry.
The booming Chinese coffee market opens up export opportunities for Thai fruits.

Coffee imports into China are projected to grow by 290.02% between 2015 and 2025. The trend towards fruit-flavored coffee and coconut milk is creating significant opportunities for suppliers of tropical ingredients.

Steel prices on April 23rd: Domestic market remains stable, global iron ore prices edge up.
April 26, 2026 05:00

Domestic construction steel prices remained stable on April 23rd at major companies such as Hoa Phat and Viet Y. Globally, iron ore prices rose slightly due to demand from China.
Iron ore prices remained stable at $115.37 per ton on April 22nd.
April 22, 2026 14:59

The global iron ore market saw slight fluctuations during the morning session on April 22nd. Stable supply following negotiations, combined with stockpiling demand ahead of the holiday, helped keep prices sideways.
World copper prices fell to $13,257 per ton on April 20, 2026.
April 20, 2026 17:33

Copper prices on the LME fell 0.67% due to cautious sentiment stemming from geopolitical tensions in the Middle East, while stable demand in China helped maintain gains on the Shanghai exchange.
World copper prices fell to $13,257 per ton amid geopolitical pressure on April 20, 2026.
April 20, 2026 17:30

The trading session on April 20 saw LME copper prices fall by 0.67% due to cautious sentiment, while inventories in China, down 45% since March, helped limit a deeper decline.
Rubber prices on April 17, 2026: World market surges thanks to impetus from China.
April 17, 2026 16:31

Rubber futures prices in Japan and China both recovered after six consecutive sessions of declines, supported by better-than-expected Chinese GDP growth and hopes for global peace.
Rubber prices on April 17, 2026: Japan's price increased by more than 2 yen/kg, and the market recovered across the board.
April 17, 2026 15:00

Global rubber prices rebounded after a long decline thanks to positive GDP growth data from China and expectations of easing geopolitical tensions between the US and Iran.
China's crude steel output in March 2026 fell 6.3%, to 87.04 million tons.
April 17, 2026 11:31

China's steel output fell to its lowest level in March since 2020 due to shrinking profit margins and declining exports amid the conflict in the Middle East.
World iron ore prices rose to $114.79 per ton following growth data from China.
April 16, 2026 15:59

Iron ore futures prices surged thanks to a 5% increase in China's GDP and a decline in steel production, raising expectations of a recovery in profit margins for mills in the region.
Rubber prices today, April 16, 2026: Global market fluctuates, Japan falls for the 6th consecutive session.
April 16, 2026 12:59

Rubber prices on major exchanges fluctuated within a narrow range. Pressure from increasing supply and weakening tire demand in China are dominating the market.
Steel prices on April 15th: Domestic market stable, world iron ore prices rising.
April 15, 2026 17:32

The domestic steel market maintained stable prices on April 15th, while world iron ore prices rose to $96.68 per ton thanks to signs of recovery from China.
Iron ore prices fell after China lifted its import ban from BHP.
April 14, 2026 17:00

Global iron ore prices fell across the board after China allowed domestic steel mills to resume purchasing from Australian mining giant BHP.
Global copper prices rose to a three-week high, reaching $12,731 per ton.
April 10, 2026 18:31

Copper prices in London and Shanghai rose simultaneously, driven by positive signals from China's PPI index, despite caution stemming from US-Iran geopolitical negotiations.
Copper prices hit their highest level in over three weeks, reaching $12,731 per ton on the LME.
April 10, 2026 18:31

Global copper prices recorded a positive week thanks to favorable manufacturing data from China and expectations surrounding geopolitical talks between the US and Iran.
Iron ore prices fell for the third consecutive week, reaching 753.5 yuan per ton.
April 10, 2026 18:03

The global iron ore market recorded its sharpest weekly decline in a year due to pressure from high port inventories and expectations of abundant supply from mining companies.
Iron ore prices fell sharply by 5.9% this week, reaching their lowest level in a year.
April 10, 2026 18:02

The global iron ore market recorded its third consecutive week of declines due to pressure from record-high port inventories and expectations of new supply from major corporations.

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