Macroeconomics 1. [Taxation] The Ministry of Finance and the State Taxation Administration announced that, effective April 1, 2026, the value-added tax (VAT) export rebate for photovoltaic

Macroeconomics 1. [Foreign Exchange Reserves] Central Bank: As of the end of December 2025, my country's foreign exchange reserves amounted to US$3,357.9 billion, an increase of

Coal was supposed to be fading quietly into the background. Instead it is still doing the heavy lifting, and 2025 proved it again. Global coal demand

On December 31st, the benchmark price of coking coal in SunSirs was 1,473.75 RMB/ton, a decrease of 5.45% compared to the beginning of this month

As the year draws to a close, reflecting on the coal industry in 2025 reveals both impressive achievements and potential challenges. From January to November,

During the week of December 15-19, 2025, Australian thermal coal prices for 6,000 kcal/kg declined slightly on a weekly basis, mainly due to weak demand

On December 25th, the benchmark price of coking coal in SunSirs was 1,473.75 RMB/ton, a decrease of 5.45% compared to the beginning of this month

Macroeconomics 1. [US Consumer Confidence Index] The US consumer confidence index in December further declined to 89.1 from a revised 92.9 in November, marking the fifth

Last week, the domestic coking coal market experienced a volatile downward trend. On December 18th, the price of coking coal in the Anze market of

Since the beginning of November, the futures prices of rebar and hot-rolled coil have basically remained stable, indicating that the logic of weakening demand has

At the recent 2026 National Coal Trading Fair's Coal Market Analysis Session, experts and scholars from coal, securities, trade, and data technology sectors exchanged views

Data released by China's National Bureau of Statistics shows that coal prices nationwide continued to decline in early February. Specific price changes for various coal

Recently, Mongolian coal has shown relative weakness in the spot coking coal market, while thermal coal experienced the smallest decline. Australian coal, however, bucked the

As the winter heating season in 2025 arrives, the Chinese coal market has not witnessed the booming market conditions of previous years. Instead, it presents

According to the National Bureau of Statistics, in November, raw coal production from large-scale industrial enterprises remained stable, crude oil production accelerated, natural gas production

The Indonesian government plans to impose a 1% to 5% tariff on coal exports starting in 2026. As a major global coal exporter, Indonesia's plan to

Market data indicates that since the beginning of 2025, China's coking coal imports have exhibited a pattern of “low early on, high later” due to

On December 11th, the benchmark price of coking coal in SunSirs was 1,473.75 RMB/ton, a decrease of 5.45% compared to the beginning of this month

Data released by the National Bureau of Statistics shows that coal prices across all varieties declined nationwide in late November. Specific price changes for each