China Raises Polypropylene Exports by Almost 7 Times
Chinese companies in March increased exports of polypropylene (PP) to a historic high of 257.1 thousand tons, which is almost 7 times higher than the...
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ADB to End Coal, Upstream Oil and Gas Financing
The Asian Development Bank (ADB) will no longer finance oil and coal extraction projects and will restrict natural gas funding, the bank announced in its...
European Natural Gas Prices Reach $311 Per Thousand Cubic Meters
Natural gas prices in Europe jumped due to a shortage of LNG and pipeline gas supplies, and cold weather, the Russia-based Interfax news agency reported...
Global Food Prices Rise For 11th Consecutive Month – FAO
International food commodity prices rose for the 11th consecutive month in April, driven by strong increases in the prices of sugar, followed by oils, meat,...
Kazakhstan Explores Issuing Its Own Digital Currency
Kazakhstan plans to introduce a new type of currency – digital tenge, according to the information posted on website of the National Bank of Kazakhstan,...
SOCAR Polymer Launches Two New Impact Copolymer PP Grades
Azerbaijan’s SOCAR Polymer has introduced two new grades of impact copolymer polypropylene (ICP) resins that are the first in its portfolio to incorporate Begium-based Milliken...
Asia’s Economic Growth Expected to Hit 7.3% in 2021: ADB
Economic growth in Asia is expected to hit 7.3% this year, supported by the rollout of COVID-19 vaccines and a robust global recovery, the Asian...
OPEC+ Sticks to Plan to Ease Oil Output Cuts
Organization of the Petroleum Exporting Countries (OPEC) and an alliance of other top oil producers in an online ministerial meeting on Tuesday decided to stick...
Russia’s Output of Chemical Products Up 6.7% in Q1 2021
Russia’s output of chemical products in the first quarter of 2021 increased by 6.7% compared to the same period of last year. In march, Russia’s...
Gold Price Rises as US Dollar Weakens
Gold prices rose nearly 1% on Wednesday evening in major global exchanges amid a weakening US dollar, the Russia-based PRIME Business News Agency reported on...
