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News updates related to demand
OPEC has lowered its forecast for global oil demand growth in 2026 to 970,000 barrels per day.
OPEC has lowered its 2026 oil demand forecast for the second consecutive year due to the impact of the Iran conflict and the blockage of the Strait of Hormuz, although it remains more optimistic than other organizations.
Market
OPEC has lowered its forecast for oil demand growth in 2026 to 970,000 barrels per day.
The Organization of Petroleum Exporting Countries (OPEC) has just revised down its global oil demand forecast for the second consecutive time, reflecting concerns about geopolitical instability.
BYD is focusing on increasing production of the new generation Blade batteries to meet global electric vehicle demand.
BYD Chairman Wang Chuanfu said the company is working to increase battery production by an additional 30,000 units per month to address the supply bottleneck for new vehicle models.
Pepper prices as of June 10, 2026: Upward trend resumes, market benefits from Middle Eastern demand.
Today, June 10, 2026, pepper prices saw a slight increase, fluctuating between 138,000 and 140,000 VND/kg, reflecting optimistic sentiment regarding export prospects.
Iron ore prices fell for the fifth consecutive session to 760 CNY/tonne due to weak Chinese steel demand.
Global iron ore prices came under downward pressure as steel demand in China weakened and car sales declined. The September contract in Dalian closed at 760 CNY/tonne.
Iron ore prices fell sharply to $101.75 per ton due to concerns about demand from China.
At the close of trading on June 4, 2026, iron ore prices fell by more than 1.8% across major exchanges as steel industry profit margins narrowed and demand weakened in China.
Iron ore prices fell to $101.75 per ton as demand weakened in China.
At the close of trading on June 4, 2026, iron ore prices recorded their biggest single-day drop in two months due to shrinking steel industry profit margins and rising energy costs.
Iron ore prices fell to $115.27 per ton as demand weakened in China.
June 3, 2026 13:31
Iron ore prices on the international market fell across the board during trading on June 3, 2026, due to pressure from low steel consumption demand and shrinking profit margins for mills.
Iron ore prices fell to $115.27 per ton as demand from China's steel industry weakened.
June 3, 2026 10:34
Iron ore prices fell across the board on the Dalian and Singapore exchanges on June 3, 2026, due to shrinking producer profit margins and declining steel demand in China.
Coking coal prices in China fell to 1,273 yuan per ton due to weak steel demand.
May 27, 2026 17:01
Slump demand for steel in China, due to bad weather and trade barriers, has driven down the prices of coking coal and other steelmaking raw materials.
Coking coal prices fell to 1,273 CNY/tonne due to weakening steel demand in China.
May 27, 2026 16:32
Coking coal prices in China fell 1.16% on May 27th as concerns about weakening steel demand outweighed risks of supply disruptions from a mining accident.
With electricity demand reaching record highs, Nghe An Power Company is working hard to maintain a stable power supply.
May 26, 2026 15:30
During the prolonged and intense heatwave at the end of May, electricity demand in Nghe An province repeatedly reached new peaks, putting significant pressure on the power grid. In response to this situation, the Company...
Electricity demand increases by 9% and the target of 30 GW of gas-fired power: Energy is a growth variable in 2026.
May 21, 2026 13:31
Vietnam is accelerating its LNG power infrastructure and green transition to ensure energy security, create a stable macroeconomic foundation, and attract high-quality FDI by 2026.
Chauffeur services meet practical needs.
May 9, 2026 17:22
Since regulations on penalties for drunk driving violations have been tightened, especially after Decree 100 and now Decree 168, chauffeur services, mainly concentrated in the former Vinh City area, have developed...
International steel prices in April 2026 rose slightly due to recovering construction demand.
May 9, 2026 07:31
The global steel market in April 2026 saw a slight increase due to rising raw material costs and improved construction demand, although pressure from oversupply continued to weigh on growth.
Feed raw material prices increased in February 2026 due to demand from China.
May 8, 2026 19:01
The global animal feed market saw growth in February 2026 as China increased imports and India officially lifted its wheat export ban.
The running movement in Nghe An and the need for organized competitions.
May 7, 2026 20:45
The running movement in Nghe An is developing strongly, from regular training groups to marathon races with thousands of athletes.
Maintain stable train and bus ticket prices to ensure travel needs are met during the holiday season.
May 2, 2026 16:29
The Hung Kings Commemoration Day and April 30th - May 1st holidays in 2026 will last for several days, leading to a high demand for travel, especially on inter-provincial routes from Nghe An to other localities. However,...
Saab plans to significantly increase production of the JAS 39 Gripen fighter jet to meet international demand.
April 30, 2026 12:29
Saab CEO Mikael Johansson confirmed plans to increase Gripen fighter jet production capacity to 20-30 aircraft per year to fulfill contracts in Brazil, Canada, and Ukraine.
Iron ore prices remained stable at $106.75 per ton on April 22nd due to strong stockpiling demand.
April 22, 2026 15:29
The international iron ore market saw slight fluctuations during the morning session on April 22nd. Increased demand for raw materials ahead of the holiday in China helped maintain stable prices despite supply constraints...
With the tourism boom, money is flowing into beachfront apartments in Sam Son, anticipating new accommodation demands.
April 17, 2026 07:44
Sam Son (Thanh Hoa province) is preparing to enter its "golden season" for tourism. The number of visitors is increasing rapidly, leading to a trend of longer stays and a preference for privacy and comfort like home. The pandemic...
Demand for cooking oil and sugar in India has fallen due to the fuel crisis.
April 16, 2026 11:30
The shortage of liquefied petroleum gas (LPG) is forcing restaurants in India to downsize, leading to a sharp decline in the consumption of sugar and vegetable oils in the market.
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