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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
EV maker River raises $15 m in fresh round of fundingRiver, an electric two-wheeler manufacturer, has raised $15 million-investment led by Dubai-based multinational company, Al Futtaim Group.A portion of the funds will be allocated to streamline the manufacturing operations, while the remainder will be dedicated to establishing distribution channels, executing marketing strategies, and undertaking various activities as the company approaches its commercial launch, which is scheduled for August 2023, Aravind Mani, Co-Founder and CEO at River, told businessline.“In just 20 months, we launched our first product, the Indie, which has successfully covered more than 100,000 km in testing. Now we’ve laid the foundation to build a billion-dollar business, and we thank all our investors for supporting us in our journey,” he added.With the latest fundraise, the company has entered its third funding round, bringing the cumulative amount raised to $28 million. Previously, it secured $2 million in a seed round conducted in March 2021, followed by $11-million Series A round in July 2022. The EV maker’s existing investors include Toyota Ventures, Lowercarbon Capital, Maniv Mobility and Trucks VC.“Indie is unlike anything in the market today. We designed Indie keeping in mind the Indian lifestyle, our roads, and our usage patterns. Indie is loaded with unique features like 14-inch wheels, crash guards, and front foot-pegs, features that offer great utility and riding experience,” said Vipin George, Co-Founder and Chief Product Officer, River.According to Paul Willis, President of Al Futtaim Automotive, it has evaluated over 50 electric two-wheeler start-ups and is impressed by the Indian EV maker’s vision and relentless commitment to in-house product development. “I am confident that their products will see great success, in India and internationally,” he added.The Dubai-based company operates five divisions (automotive, retail, real estate, healthcare, and financial services) and is spread across more than 20 countries. Comments
### Response:
NO
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NO
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EV maker River raises $15 m in fresh round of fundingRiver, an electric two-wheeler manufacturer, has raised $15 million-investment led by Dubai-based multinational company, Al Futtaim Group.A portion of the funds will be allocated to streamline the manufacturing operations, while the remainder will be dedicated to establishing distribution channels, executing marketing strategies, and undertaking various activities as the company approaches its commercial launch, which is scheduled for August 2023, Aravind Mani, Co-Founder and CEO at River, told businessline.“In just 20 months, we launched our first product, the Indie, which has successfully covered more than 100,000 km in testing. Now we’ve laid the foundation to build a billion-dollar business, and we thank all our investors for supporting us in our journey,” he added.With the latest fundraise, the company has entered its third funding round, bringing the cumulative amount raised to $28 million. Previously, it secured $2 million in a seed round conducted in March 2021, followed by $11-million Series A round in July 2022. The EV maker’s existing investors include Toyota Ventures, Lowercarbon Capital, Maniv Mobility and Trucks VC.“Indie is unlike anything in the market today. We designed Indie keeping in mind the Indian lifestyle, our roads, and our usage patterns. Indie is loaded with unique features like 14-inch wheels, crash guards, and front foot-pegs, features that offer great utility and riding experience,” said Vipin George, Co-Founder and Chief Product Officer, River.According to Paul Willis, President of Al Futtaim Automotive, it has evaluated over 50 electric two-wheeler start-ups and is impressed by the Indian EV maker’s vision and relentless commitment to in-house product development. “I am confident that their products will see great success, in India and internationally,” he added.The Dubai-based company operates five divisions (automotive, retail, real estate, healthcare, and financial services) and is spread across more than 20 countries. Comments
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Commodities Live: Sugar Prices Slip In International Markets To 6-week Low; What Explains The Dip?
### Response:
YES
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YES
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Commodities Live: Sugar Prices Slip In International Markets To 6-week Low; What Explains The Dip?
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
China gas demand becomes more feasible at low LNG prices but challenges persistChina’s natural gas demand is becoming more feasible with Asian LNG spot prices dropping below the key $9/MMBtu level this week, but a steeper drop may be needed for any substantial demand to emerge amid challenging economic conditions.
### Response:
YES
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YES
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China gas demand becomes more feasible at low LNG prices but challenges persistChina’s natural gas demand is becoming more feasible with Asian LNG spot prices dropping below the key $9/MMBtu level this week, but a steeper drop may be needed for any substantial demand to emerge amid challenging economic conditions.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
European Zinc Ingot Price Show a Declining Trend at the Start of June 2023At the beginning of June 2023, the price of Zinc Ingot showed a declining trend as the demand from the downstream automobile and construction sectors remained scarce. On the other hand, the supply of feedstock Zinc Ingot has increased as the European Zinc inventories remained on the higher edge despite weak demands. The surplus supply of Zinc Ingot from top suppliers continues to increase the inventories in the local market, but the demand remains low.
### Response:
NO
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NO
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European Zinc Ingot Price Show a Declining Trend at the Start of June 2023At the beginning of June 2023, the price of Zinc Ingot showed a declining trend as the demand from the downstream automobile and construction sectors remained scarce. On the other hand, the supply of feedstock Zinc Ingot has increased as the European Zinc inventories remained on the higher edge despite weak demands. The surplus supply of Zinc Ingot from top suppliers continues to increase the inventories in the local market, but the demand remains low.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
UPM Biochemicals and Selenis Collaborate towards Developing Environmentally Conscious PETGGermany: The strategic partnership's objective is to create environmentally friendly PETG resin that will hasten the use of materials derived from sustainable, renewable forests in plastic applications and lessen reliance on fossil fuels. Due to its superior transparency, PETG has gained FDA approval and is widely utilized in various applications such as heat shrink sleeves, bulk dispensers, cosmetics and personal care packaging, and durable goods.
### Response:
YES
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YES
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UPM Biochemicals and Selenis Collaborate towards Developing Environmentally Conscious PETGGermany: The strategic partnership's objective is to create environmentally friendly PETG resin that will hasten the use of materials derived from sustainable, renewable forests in plastic applications and lessen reliance on fossil fuels. Due to its superior transparency, PETG has gained FDA approval and is widely utilized in various applications such as heat shrink sleeves, bulk dispensers, cosmetics and personal care packaging, and durable goods.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
CSO: Domestic milk intake falls 3.3% in AprilDomestic milk intake by creameries and pasteurisers was down by 3.3% in April when compared to the same month in 2022, according to the Central Statistics Office (CSO). The data published today (Tuesday, June 6) shows that there was an estimated intake of 1, 019 million litres for April 2023, which is down 35.2 million litres on April 2022 (1, 054 million litres). It also marks a drop of 3.9% or 41.1 million litres when compared to the domestic milk intake recorded in April 2021. Dr. Grzegorz Glaczynski, statistician for the CSO said: “domestic milk intake declined by 1.3% (31.7 million litres) during the period January to April 2023, compared with the same period in 2022”.In the first four months of the year 2, 382 million litres of milk was processed a decline of 31.7 million litres on the corresponding period last year. The CSO data shows that fat content rose from 4.04% in April 2022 to 4.13% in April 2023, while protein content fell from 3.44% to 3.36% over the same period. Butter production increased by 1, 600 tonnes, from 29, 600 tonnes in April 2022 to 31, 200 tonnes in April 2023. The total milk sold for human consumption decreased from 43.3 million litres in April 2022 to 42.1 million litres during the same month this year.Whole milk sales stood at 27.3 million litres in April 2023, down from 28.2 million litres in April 2022. Skimmed & semi-skimmed milk sales also dropped from 15 million litres to 14.8 million litres in April. Skimmed milk powder (SMP) production stood at 15.7 million tonnes, which is back significantly on April 2022 when 21.7 million tonnes was produced.
### Response:
YES
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YES
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CSO: Domestic milk intake falls 3.3% in AprilDomestic milk intake by creameries and pasteurisers was down by 3.3% in April when compared to the same month in 2022, according to the Central Statistics Office (CSO). The data published today (Tuesday, June 6) shows that there was an estimated intake of 1, 019 million litres for April 2023, which is down 35.2 million litres on April 2022 (1, 054 million litres). It also marks a drop of 3.9% or 41.1 million litres when compared to the domestic milk intake recorded in April 2021. Dr. Grzegorz Glaczynski, statistician for the CSO said: “domestic milk intake declined by 1.3% (31.7 million litres) during the period January to April 2023, compared with the same period in 2022”.In the first four months of the year 2, 382 million litres of milk was processed a decline of 31.7 million litres on the corresponding period last year. The CSO data shows that fat content rose from 4.04% in April 2022 to 4.13% in April 2023, while protein content fell from 3.44% to 3.36% over the same period. Butter production increased by 1, 600 tonnes, from 29, 600 tonnes in April 2022 to 31, 200 tonnes in April 2023. The total milk sold for human consumption decreased from 43.3 million litres in April 2022 to 42.1 million litres during the same month this year.Whole milk sales stood at 27.3 million litres in April 2023, down from 28.2 million litres in April 2022. Skimmed & semi-skimmed milk sales also dropped from 15 million litres to 14.8 million litres in April. Skimmed milk powder (SMP) production stood at 15.7 million tonnes, which is back significantly on April 2022 when 21.7 million tonnes was produced.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Indian coking coal port traffic up 23 percent in April-MayIndia’s incoming coal import traffic through all major ports in the country in the April-May period of the fiscal year 2023-24 has been recorded at 10.12 million mt, up 23 percent year on year, according to data sourced from the Indian Ports Association (IPA) on Tuesday, June 6. As per the calculations of SteelOrbis, inward shipments of coking coal in May this year came to 5.548 million mt, compared to 4.57 million mt in April. According to the IPA data, total iron ore freight traffic through all major ports, including pellets, during the April-May period of the current fiscal year was 9.57 million mt, a decline of 1.62 percent year on year.
### Response:
NO
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NO
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Indian coking coal port traffic up 23 percent in April-MayIndia’s incoming coal import traffic through all major ports in the country in the April-May period of the fiscal year 2023-24 has been recorded at 10.12 million mt, up 23 percent year on year, according to data sourced from the Indian Ports Association (IPA) on Tuesday, June 6. As per the calculations of SteelOrbis, inward shipments of coking coal in May this year came to 5.548 million mt, compared to 4.57 million mt in April. According to the IPA data, total iron ore freight traffic through all major ports, including pellets, during the April-May period of the current fiscal year was 9.57 million mt, a decline of 1.62 percent year on year.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Nepal's power association welcomes energy agreements signed during PM Prachanda's India visitKathmandu: An independent power association in Nepal on Sunday welcomed the signing of agreements in the energy sector with India during Prime Minister Pushpa Kamal Dahal 'Prachanda's' visit, saying they are of 'high significance' for the country's economic prosperity. Nepal Prime Minister 'Prachanda' visited India from May 31 to June 3, his first official trip abroad since assuming office in December 2022. During Prachanda's meeting with Prime Minister Narendra Modi on Thursday, the two countries signed seven agreements and launched six projects including new railway services. 'During the visit of the prime minister of Nepal to India both the prime ministers signed a number of energy-related deals such as laying down of foundation of Butawal-Gorakhpur 400 KV transmission line, signing of an MoU relating to 480 MW Fukot-Karnali Hydropower development project and hydropower agreement for the development of Lower Arun with 669 MW capacity. They are of high significance for Nepal's economic prosperity,' said the Independent Power Producers' Association of Nepal (IPPAN). Advt Both prime ministers expressed commitment to exporting 10,000 MW of power from Nepal to India and the secretary-level agreement reached for the Power Trading deal also holds equal significance, the IPPAN said in a statement. It also thanked Prime Minister Prachanda for taking important steps towards promoting power trade between Nepal and India. The visit of Prime Minister Prachanda to India created a positive atmosphere for inviting investment in the energy sector, said the umbrella organisation of the private power developers. The IPPAN urged the Nepal government to take necessary steps for creating a conducive atmosphere within the country so that Nepal's power producers can freely interact and sell energy to foreign buyers. Prime Minister Prachanda said on Saturday that his meeting with his Indian counterpart Modi was 'the most significant aspect' of his four-day visit to India. 'We discussed matters relating to further deepening the centuries-old close relations existing between Nepal and India in the days ahead,' Prachanda said upon his arrival at Tribhuvan International Airport here. 'The bilateral meeting with Prime Minister Modi at the Hyderabad House was the most significant aspect of the visit and the ties between the two countries have entered a new phase,' he said. PTI Published On Jun 6, 2023 at 07:28 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post prachanda india pushpa kamal mw fukot narendra modi ippan hyderabad house modi Home News Power Nepal's power association welcomes energy agreements signed during PM Prachanda's India visit
### Response:
YES
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YES
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Nepal's power association welcomes energy agreements signed during PM Prachanda's India visitKathmandu: An independent power association in Nepal on Sunday welcomed the signing of agreements in the energy sector with India during Prime Minister Pushpa Kamal Dahal 'Prachanda's' visit, saying they are of 'high significance' for the country's economic prosperity. Nepal Prime Minister 'Prachanda' visited India from May 31 to June 3, his first official trip abroad since assuming office in December 2022. During Prachanda's meeting with Prime Minister Narendra Modi on Thursday, the two countries signed seven agreements and launched six projects including new railway services. 'During the visit of the prime minister of Nepal to India both the prime ministers signed a number of energy-related deals such as laying down of foundation of Butawal-Gorakhpur 400 KV transmission line, signing of an MoU relating to 480 MW Fukot-Karnali Hydropower development project and hydropower agreement for the development of Lower Arun with 669 MW capacity. They are of high significance for Nepal's economic prosperity,' said the Independent Power Producers' Association of Nepal (IPPAN). Advt Both prime ministers expressed commitment to exporting 10,000 MW of power from Nepal to India and the secretary-level agreement reached for the Power Trading deal also holds equal significance, the IPPAN said in a statement. It also thanked Prime Minister Prachanda for taking important steps towards promoting power trade between Nepal and India. The visit of Prime Minister Prachanda to India created a positive atmosphere for inviting investment in the energy sector, said the umbrella organisation of the private power developers. The IPPAN urged the Nepal government to take necessary steps for creating a conducive atmosphere within the country so that Nepal's power producers can freely interact and sell energy to foreign buyers. Prime Minister Prachanda said on Saturday that his meeting with his Indian counterpart Modi was 'the most significant aspect' of his four-day visit to India. 'We discussed matters relating to further deepening the centuries-old close relations existing between Nepal and India in the days ahead,' Prachanda said upon his arrival at Tribhuvan International Airport here. 'The bilateral meeting with Prime Minister Modi at the Hyderabad House was the most significant aspect of the visit and the ties between the two countries have entered a new phase,' he said. PTI Published On Jun 6, 2023 at 07:28 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post prachanda india pushpa kamal mw fukot narendra modi ippan hyderabad house modi Home News Power Nepal's power association welcomes energy agreements signed during PM Prachanda's India visit
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Punjab CM writes to Centre seeking allocation of additional 1,000 MW electricityChandigarh: Punjab Chief Minister Bhagwant Mann has written to the Centre, seeking allocation of additional 1,000 MW of electricity for the upcoming paddy season. In a letter to the Union minister for Power R K Singh, CM Mann pointed out that the state's generation capacity was limited to about 6,500 MW, whereas the peak demand is likely to touch 15,500 MW in the summer season. To meet the peak demand of electricity of 15,500 MW in forthcoming paddy/summer season, Mann requested the assistance of power up to 1,000 MW from June 15 till October 10, that may be allocated to Punjab State Power Corporation Limited (PSPCL) from central sector generating stations. Advt In the letter, Mann said the state power utility, PSPCL, is keeping a continuous watch over the power availability on the PUShP (High Price Day Ahead Market and Surplus Power) portal. 'As the demand of electricity cannot be reliably met through the collective transaction segment of power exchange, the state is in definite need of firm allocation of RTC power of 1,000 MW for the period from 15.6.2023 to 15.10.2023,' Mann said. This requirement of additional power is further necessitated due to the recent IMD (Indian Meteorological Department) prediction of low monsoon rainfall in North-Western India, including Punjab, he said. The cultivation of paddy must be protected in the national interest of food security; hence, our request for allocating additional power from central sector generating stations, he wrote. The CM stated that the ministry of Power issued directions on February 20, regarding invocation of Section 11 of Electricity Act, 2003 to imported coal-based plants and the same are valid till June 15. 'Due to the approaching summer season, these directions carry significance in the case of Punjab due to our 475 MW share in CGPL, Mundra. 'As peak demand/paddy season of Punjab will start from June 10, 2023 onwards, the State is in dire need of firm round-the-clock power during this period. Therefore, it has requested to extend these directions till October 15, 2023,' he said. PTI Published On Jun 6, 2023 at 12:58 PM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post punjab mann bhagwant mann rtc punjab state power corporation limited power r k singh ministry of power cm mann indian meteorological department cgpl Home News Power Punjab CM writes to Centre seeking allocation of additional 1,000 MW electricity
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NO
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NO
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Punjab CM writes to Centre seeking allocation of additional 1,000 MW electricityChandigarh: Punjab Chief Minister Bhagwant Mann has written to the Centre, seeking allocation of additional 1,000 MW of electricity for the upcoming paddy season. In a letter to the Union minister for Power R K Singh, CM Mann pointed out that the state's generation capacity was limited to about 6,500 MW, whereas the peak demand is likely to touch 15,500 MW in the summer season. To meet the peak demand of electricity of 15,500 MW in forthcoming paddy/summer season, Mann requested the assistance of power up to 1,000 MW from June 15 till October 10, that may be allocated to Punjab State Power Corporation Limited (PSPCL) from central sector generating stations. Advt In the letter, Mann said the state power utility, PSPCL, is keeping a continuous watch over the power availability on the PUShP (High Price Day Ahead Market and Surplus Power) portal. 'As the demand of electricity cannot be reliably met through the collective transaction segment of power exchange, the state is in definite need of firm allocation of RTC power of 1,000 MW for the period from 15.6.2023 to 15.10.2023,' Mann said. This requirement of additional power is further necessitated due to the recent IMD (Indian Meteorological Department) prediction of low monsoon rainfall in North-Western India, including Punjab, he said. The cultivation of paddy must be protected in the national interest of food security; hence, our request for allocating additional power from central sector generating stations, he wrote. The CM stated that the ministry of Power issued directions on February 20, regarding invocation of Section 11 of Electricity Act, 2003 to imported coal-based plants and the same are valid till June 15. 'Due to the approaching summer season, these directions carry significance in the case of Punjab due to our 475 MW share in CGPL, Mundra. 'As peak demand/paddy season of Punjab will start from June 10, 2023 onwards, the State is in dire need of firm round-the-clock power during this period. Therefore, it has requested to extend these directions till October 15, 2023,' he said. PTI Published On Jun 6, 2023 at 12:58 PM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post punjab mann bhagwant mann rtc punjab state power corporation limited power r k singh ministry of power cm mann indian meteorological department cgpl Home News Power Punjab CM writes to Centre seeking allocation of additional 1,000 MW electricity
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Govt launches 8th round of bidding of 10 oil and gas blocksNew Delhi: Petroleum Ministry has launched the open acreage licencing programme (OALP), under which 10 blocks would be offered for international competitive bidding under the eighth round. The government has extended the bid closing date for this particular round till July 5. The ministry recently introduced significant changes in contractual framework and incentive structure. The award of OALP eight round will further add 34,364.53 square km of acreage and take the cumulative exploration acreage under OALP to 242,055 square km. The hydrocarbon exploration and licensing policy (HELP) was promulgated on March 30, 2016. Advt Since then, seven rounds of OALP have been successfully concluded and 134 E&P blocks have been awarded comprising an area of 2,07,691 square km, spread across 19 sedimentary basins. IANS Published On Jun 6, 2023 at 07:07 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post new delhi petroleum ministry e&p oil and gas hydrocarbon exploration Home News Oil & Gas Govt launches 8th round of bidding of 10 oil and gas blocks
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NO
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NO
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Govt launches 8th round of bidding of 10 oil and gas blocksNew Delhi: Petroleum Ministry has launched the open acreage licencing programme (OALP), under which 10 blocks would be offered for international competitive bidding under the eighth round. The government has extended the bid closing date for this particular round till July 5. The ministry recently introduced significant changes in contractual framework and incentive structure. The award of OALP eight round will further add 34,364.53 square km of acreage and take the cumulative exploration acreage under OALP to 242,055 square km. The hydrocarbon exploration and licensing policy (HELP) was promulgated on March 30, 2016. Advt Since then, seven rounds of OALP have been successfully concluded and 134 E&P blocks have been awarded comprising an area of 2,07,691 square km, spread across 19 sedimentary basins. IANS Published On Jun 6, 2023 at 07:07 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post new delhi petroleum ministry e&p oil and gas hydrocarbon exploration Home News Oil & Gas Govt launches 8th round of bidding of 10 oil and gas blocks
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Telangana’s textile town of Sircilla undergoes remarkable transformation in nine years, declares KTRSircilla, a well-known textile town in Telangana, has witnessed an incredible transformation over the past nine years, according to Industries and IT Minister K.T. Rama Rao, improving livelihood prospects for weavers and powerloom workers and significantly developing its infrastructure.Due to the powerloom industry issue and the absence of support from prior governments, weavers and powerloom employees previously endured difficult conditions. They do, however, now have stable jobs and steady pay. Minister Rama Rao ascribed this development to the BRS administration’s persistent efforts to advance weavers.The State Government has been making significant orders for the production of Bathukamma sarees and sarees intended for distribution during the Christmas and Ramzan festivals, with a total value of almost Rs. 2,500 crore, in order to assure sustained income for power-loom workers and owners. Over 15,000 powerloom employees in Sircilla are assured a monthly wage of Rs. 16,000 thanks to this scheme alone.The building of an apparel park, which would take up 60 acres and cost Rs. 174 crore, is moving very quickly. Additionally, progress is being made quickly on the proposed Rs. 388 crore weaving park, which will span 88 acres close to Sircilla’s Peddur neighbourhood.Around 950 people now have jobs thanks to the Gokaldas Images Company’s garment unit, which has already started operating at the apparel park. The clothing park is anticipated to offer job possibilities to over 8,000 women once it is finished.Additionally, the Nethanna Bheema insurance programme for weavers provides crucial financial security to the state’s 80,000 handloom and powerloom workers. In the nine years since Telangana’s inception, Minister Rama Rao cited the Government’s main welfare programmes, such as Rythu Bandhu and Dalit Bandhu, as being essential in attaining key milestones in fields like irrigation, education, healthcare, and other crucial sectors.The Telangana Formation Day ceremony was attended by Collector Anuraag Jayanti, Superintendent of Police Akhil Mahajan, and other dignitaries who witnessed the celebration of the region’s progress and development.
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NO
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NO
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Telangana’s textile town of Sircilla undergoes remarkable transformation in nine years, declares KTRSircilla, a well-known textile town in Telangana, has witnessed an incredible transformation over the past nine years, according to Industries and IT Minister K.T. Rama Rao, improving livelihood prospects for weavers and powerloom workers and significantly developing its infrastructure.Due to the powerloom industry issue and the absence of support from prior governments, weavers and powerloom employees previously endured difficult conditions. They do, however, now have stable jobs and steady pay. Minister Rama Rao ascribed this development to the BRS administration’s persistent efforts to advance weavers.The State Government has been making significant orders for the production of Bathukamma sarees and sarees intended for distribution during the Christmas and Ramzan festivals, with a total value of almost Rs. 2,500 crore, in order to assure sustained income for power-loom workers and owners. Over 15,000 powerloom employees in Sircilla are assured a monthly wage of Rs. 16,000 thanks to this scheme alone.The building of an apparel park, which would take up 60 acres and cost Rs. 174 crore, is moving very quickly. Additionally, progress is being made quickly on the proposed Rs. 388 crore weaving park, which will span 88 acres close to Sircilla’s Peddur neighbourhood.Around 950 people now have jobs thanks to the Gokaldas Images Company’s garment unit, which has already started operating at the apparel park. The clothing park is anticipated to offer job possibilities to over 8,000 women once it is finished.Additionally, the Nethanna Bheema insurance programme for weavers provides crucial financial security to the state’s 80,000 handloom and powerloom workers. In the nine years since Telangana’s inception, Minister Rama Rao cited the Government’s main welfare programmes, such as Rythu Bandhu and Dalit Bandhu, as being essential in attaining key milestones in fields like irrigation, education, healthcare, and other crucial sectors.The Telangana Formation Day ceremony was attended by Collector Anuraag Jayanti, Superintendent of Police Akhil Mahajan, and other dignitaries who witnessed the celebration of the region’s progress and development.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
PMI records contraction for US apparel manufacturing in MayBusinesses in the garment manufacturing sector experienced a decline in growth in May, according to the US Purchasing Managers’ Index (PMI), and cited high prices and weaker demand.The Manufacturing Business Survey Committee of the Institute for Supply Management (ISM) reported that the May Manufacturing PMI was 46.9 per cent, 0.2 percentage points lower than the 47.1 per cent observed in April. This number represents the sixth month of recession for the total economy following a 30-month growth.At 42.6 per cent, the New Orders Index stayed in the contraction range; this is 3.1 percentage points below the 45.7 per cent reading from April.“The US manufacturing sector shrank again, with the Manufacturing PMI losing a bit of ground compared to the previous month, indicating a faster rate of contraction,” said Timothy R. Fiore, chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee.Apparel, and leather and allied products were among the 11 industries reporting contracting inventories.
### Response:
YES
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YES
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PMI records contraction for US apparel manufacturing in MayBusinesses in the garment manufacturing sector experienced a decline in growth in May, according to the US Purchasing Managers’ Index (PMI), and cited high prices and weaker demand.The Manufacturing Business Survey Committee of the Institute for Supply Management (ISM) reported that the May Manufacturing PMI was 46.9 per cent, 0.2 percentage points lower than the 47.1 per cent observed in April. This number represents the sixth month of recession for the total economy following a 30-month growth.At 42.6 per cent, the New Orders Index stayed in the contraction range; this is 3.1 percentage points below the 45.7 per cent reading from April.“The US manufacturing sector shrank again, with the Manufacturing PMI losing a bit of ground compared to the previous month, indicating a faster rate of contraction,” said Timothy R. Fiore, chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee.Apparel, and leather and allied products were among the 11 industries reporting contracting inventories.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Turkish fast fashion retailer Trendyol eyes ASOSTrendyol, a Turkish fast fashion retailer backed by Alibaba, the largest e-commerce company in China, is reportedly mulling a £ 1 billion purchase for ASOS.Reports claim that Trendyol contacted ASOS in December with a prospective offer that valued the company at between £ 10 and £ 12 a share. The two parties are not currently engaged in live negotiations, therefore they are not required to make any official statements about the situation.Trendyol is reportedly collaborating on the potential bid with Morgan Stanley. Despite having £ 2.6 billion in sales, the Turkish corporation is reportedly losing money. Alibaba provided funding in the amount of £ 285 million in 2021, and investors such as SoftBank and the Qatar Investment Authority provided funding in the amount of £ 1.2 billion.The information was made public shortly after ASOS raised £ 75 million through a share placement and received a new, long-term financing facility worth £ 275 million to fund its turnaround project, dubbed ‘Driving Change.’The Driving Change initiative, led by CEO José Antonio Ramos Calamonte, reorients ASOS’s priorities from short-term top-line growth to long-term profitability.ASOS said that pre-tax losses increased to £ 290.9 million over the six months ending on 28th February 2023, while sales fell 7 per cent to £ 1.84 billion.The loss was primarily caused by the write-off of shares valued at £ 128.2 million and non-cash property impairment losses of £ 49.4 million resulting from closure expenses associated with the shrinking of the company’s headquarters and logistics footprint.
### Response:
NO
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NO
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Turkish fast fashion retailer Trendyol eyes ASOSTrendyol, a Turkish fast fashion retailer backed by Alibaba, the largest e-commerce company in China, is reportedly mulling a £ 1 billion purchase for ASOS.Reports claim that Trendyol contacted ASOS in December with a prospective offer that valued the company at between £ 10 and £ 12 a share. The two parties are not currently engaged in live negotiations, therefore they are not required to make any official statements about the situation.Trendyol is reportedly collaborating on the potential bid with Morgan Stanley. Despite having £ 2.6 billion in sales, the Turkish corporation is reportedly losing money. Alibaba provided funding in the amount of £ 285 million in 2021, and investors such as SoftBank and the Qatar Investment Authority provided funding in the amount of £ 1.2 billion.The information was made public shortly after ASOS raised £ 75 million through a share placement and received a new, long-term financing facility worth £ 275 million to fund its turnaround project, dubbed ‘Driving Change.’The Driving Change initiative, led by CEO José Antonio Ramos Calamonte, reorients ASOS’s priorities from short-term top-line growth to long-term profitability.ASOS said that pre-tax losses increased to £ 290.9 million over the six months ending on 28th February 2023, while sales fell 7 per cent to £ 1.84 billion.The loss was primarily caused by the write-off of shares valued at £ 128.2 million and non-cash property impairment losses of £ 49.4 million resulting from closure expenses associated with the shrinking of the company’s headquarters and logistics footprint.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
BLOG: Why China could become self-sufficient in HDPE SINGAPORE (ICIS)–Click here to see the latest blog post on Asian Chemical Connections by John Richardson. “When the facts change, I change my mind,” said the great economist John Maynard Keynes. Over the last few months, we’ve seen consensus opinion lining up behind the warnings I’ve been giving on China’s economic growth since 2011. We can see further evidence of the slowdown in China’s HDPE markets where demand looks set to be 4% lower this year than in 2022. Now we need to turn our attention to what happens next and challenge the conventional thinking that China will never reach anywhere close to self-sufficiency in PE. As the main chart in today’s post – https: //lnkd.in/gmH_wExX – shows: In the years to come, China might decide to run its HDPE plants hard in order to boost export earnings and increase supply security for geopolitical reasons, even when standalone plant economics appear to point in the opposite direction. What happens outside any HDPE plant gate anywhere in the world is also important. HDPE plants can be run harder than their standalone economics appear to justify in order balance production, profitability and contract commitments across big integrated complexes. “China previously committed to a target of 50% of electric vehicles (EVs) by 2035, but this ambition already seems obsolete, as we project that the share of EVs in the passenger car market will exceed 50% and surpass traditional energy cars before 2030,” wrote ING Think in a 28 February article. As China pushes towards a 2060 target for carbon neutrality, might some of its refinery capacity eventually have to shut down, thereby creating shortages of petrochemicals feedstocks? Or perhaps up until 2040, refinery capacity will be maintained with locally produced gasoline and diesel exported in bigger quantities. This would lead to ample naphtha to make ethylene and then HDPE. “Nonsense,” we can imagine some people saying, “there is no way China can become virtually HDPE self-sufficient”. Maybe. But history has taught us the perils of conventional thinking and the value of scenario planning where we are prepared for a worst-case outcome. And remember: Some people used to say that the idea of a big economic slowdown in China was nonsense. Editor’s note: This blog post is an opinion piece. The views expressed are those of the author, and do not necessarily represent those of ICIS. undefined
### Response:
YES
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YES
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BLOG: Why China could become self-sufficient in HDPE SINGAPORE (ICIS)–Click here to see the latest blog post on Asian Chemical Connections by John Richardson. “When the facts change, I change my mind,” said the great economist John Maynard Keynes. Over the last few months, we’ve seen consensus opinion lining up behind the warnings I’ve been giving on China’s economic growth since 2011. We can see further evidence of the slowdown in China’s HDPE markets where demand looks set to be 4% lower this year than in 2022. Now we need to turn our attention to what happens next and challenge the conventional thinking that China will never reach anywhere close to self-sufficiency in PE. As the main chart in today’s post – https: //lnkd.in/gmH_wExX – shows: In the years to come, China might decide to run its HDPE plants hard in order to boost export earnings and increase supply security for geopolitical reasons, even when standalone plant economics appear to point in the opposite direction. What happens outside any HDPE plant gate anywhere in the world is also important. HDPE plants can be run harder than their standalone economics appear to justify in order balance production, profitability and contract commitments across big integrated complexes. “China previously committed to a target of 50% of electric vehicles (EVs) by 2035, but this ambition already seems obsolete, as we project that the share of EVs in the passenger car market will exceed 50% and surpass traditional energy cars before 2030,” wrote ING Think in a 28 February article. As China pushes towards a 2060 target for carbon neutrality, might some of its refinery capacity eventually have to shut down, thereby creating shortages of petrochemicals feedstocks? Or perhaps up until 2040, refinery capacity will be maintained with locally produced gasoline and diesel exported in bigger quantities. This would lead to ample naphtha to make ethylene and then HDPE. “Nonsense,” we can imagine some people saying, “there is no way China can become virtually HDPE self-sufficient”. Maybe. But history has taught us the perils of conventional thinking and the value of scenario planning where we are prepared for a worst-case outcome. And remember: Some people used to say that the idea of a big economic slowdown in China was nonsense. Editor’s note: This blog post is an opinion piece. The views expressed are those of the author, and do not necessarily represent those of ICIS. undefined
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
China Iron Ore Imports Jumped In First Five Months Of 2023According to General Administration of Customs, in the first five months of this year, China imported 481 million mt of iron ore, an increase of 7.7%.The average import price was 791.5 yuan per ton, a decrease of 4.5%.More popular news:SMM Daily Comments (Jun 2): All Metals Closed Higher with SHFE Nickel Leading Gains, Coke SurgedSMM Daily Comments (Jun 5): Base Metals Mostly Fell, Ferrous Metals Bucked the Trend to Surge, Oil Gained Further on Saudi Arabia Output Cuts in JulySMM Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel & Cobalt Supply and Demand Prospect, Impact from NEV DevelopmentGlencore to Aggressively Expand Copper CapacityCommerzbank Lowers Price Forecast for Copper, Aluminium, Zinc and Nickel for 2023 and 2024Rumours Say Glencore Will Raise Takeover Bid for Teck Resources, but Another Big Obstacle Lies AheadCommodity Price Bubble Finally Burst, but Metals Demand Will SurgeFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
NO
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NO
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China Iron Ore Imports Jumped In First Five Months Of 2023According to General Administration of Customs, in the first five months of this year, China imported 481 million mt of iron ore, an increase of 7.7%.The average import price was 791.5 yuan per ton, a decrease of 4.5%.More popular news:SMM Daily Comments (Jun 2): All Metals Closed Higher with SHFE Nickel Leading Gains, Coke SurgedSMM Daily Comments (Jun 5): Base Metals Mostly Fell, Ferrous Metals Bucked the Trend to Surge, Oil Gained Further on Saudi Arabia Output Cuts in JulySMM Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel & Cobalt Supply and Demand Prospect, Impact from NEV DevelopmentGlencore to Aggressively Expand Copper CapacityCommerzbank Lowers Price Forecast for Copper, Aluminium, Zinc and Nickel for 2023 and 2024Rumours Say Glencore Will Raise Takeover Bid for Teck Resources, but Another Big Obstacle Lies AheadCommodity Price Bubble Finally Burst, but Metals Demand Will SurgeFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Imported Iron Ore Prices Moved Wildly In May Amid Changing Market ExpectationsSHANGHAI, Jun 7 (SMM) –In early May, rumours about crude steel production restrictions and poor steel sales soured market sentiment. Subsequently, data released by the National Bureau of Statistics showed that the overall real estate market was in a period of adjustment and was expected to gradually stabilise in the next stage, somehow restoring confidence in the iron ore market. However, market expectations for interest rate cuts fell through after the People's Bank of China announced the one-year and five-year loan interest rates. Rumours about crude steel production caps resurfaced, which aroused market concerns about future iron ore demand, sending iron ore prices lower. From a fundamentals point of view, global iron ore shipments increased in May after overseas seasonal disturbances subsided, with shipments from Australia and Brazil gradually stabilising. Arrivals at major Chinese ports increased by 1.36 million mt month-on-month. Steel mills restarted blast furnaces after profits improved, keeping pig iron production at a high level. Imported iron ore prices fluctuated in a wide range mainly due to changes in market expectations. Iron ore futures prices rose at first and then fell. The spot prices of mainstream iron ore fines at major ports in Shandong and Hebei fell 37 yuan/mt in mid-May. Imported iron ore prices slipped to 745 yuan/mt in mid-May, but bounced back to 784 yuan/mt at the end of the month after market sentiment improved.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Oil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySMM Morning Comments (Jun 1): Base Metals Closed Mostly with Losses, US Fed Sends Hawkish SignalsFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
NO
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NO
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Imported Iron Ore Prices Moved Wildly In May Amid Changing Market ExpectationsSHANGHAI, Jun 7 (SMM) –In early May, rumours about crude steel production restrictions and poor steel sales soured market sentiment. Subsequently, data released by the National Bureau of Statistics showed that the overall real estate market was in a period of adjustment and was expected to gradually stabilise in the next stage, somehow restoring confidence in the iron ore market. However, market expectations for interest rate cuts fell through after the People's Bank of China announced the one-year and five-year loan interest rates. Rumours about crude steel production caps resurfaced, which aroused market concerns about future iron ore demand, sending iron ore prices lower. From a fundamentals point of view, global iron ore shipments increased in May after overseas seasonal disturbances subsided, with shipments from Australia and Brazil gradually stabilising. Arrivals at major Chinese ports increased by 1.36 million mt month-on-month. Steel mills restarted blast furnaces after profits improved, keeping pig iron production at a high level. Imported iron ore prices fluctuated in a wide range mainly due to changes in market expectations. Iron ore futures prices rose at first and then fell. The spot prices of mainstream iron ore fines at major ports in Shandong and Hebei fell 37 yuan/mt in mid-May. Imported iron ore prices slipped to 745 yuan/mt in mid-May, but bounced back to 784 yuan/mt at the end of the month after market sentiment improved.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Oil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySMM Morning Comments (Jun 1): Base Metals Closed Mostly with Losses, US Fed Sends Hawkish SignalsFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Iron Ore Lump And Pellet Premiums Fell Before Rising In MaySHANGHAI, Jun 7 (SMM) –In early May, end-use demand had shifted from peak season to off-season, and steel production was high, leading to severe finished product inventory backlogs and losses at some steel mills in south-west, north-west and north China, forcing some to cut production. The output of pig iron dropped significantly in May. As a result, iron ore prices fell sharply month-on-month. Lump and pellet premiums fell accordingly. However, continuously falling coke prices and lower port inventory allowed lump premiums to rebound afterwards. Most steel mills struggled to break even in the off-season, which softened their demand for high-grade iron ore, such as lumps and pellets. As such, the increase in premiums of pellets and lumps was limited.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Oil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySMM Morning Comments (Jun 1): Base Metals Closed Mostly with Losses, US Fed Sends Hawkish SignalsFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
YES
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YES
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Iron Ore Lump And Pellet Premiums Fell Before Rising In MaySHANGHAI, Jun 7 (SMM) –In early May, end-use demand had shifted from peak season to off-season, and steel production was high, leading to severe finished product inventory backlogs and losses at some steel mills in south-west, north-west and north China, forcing some to cut production. The output of pig iron dropped significantly in May. As a result, iron ore prices fell sharply month-on-month. Lump and pellet premiums fell accordingly. However, continuously falling coke prices and lower port inventory allowed lump premiums to rebound afterwards. Most steel mills struggled to break even in the off-season, which softened their demand for high-grade iron ore, such as lumps and pellets. As such, the increase in premiums of pellets and lumps was limited.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Oil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySMM Morning Comments (Jun 1): Base Metals Closed Mostly with Losses, US Fed Sends Hawkish SignalsFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
China Imports Of Unwrought Copper and Copper Semis Products Fell In First Five Months Of 2023According to General Administration of Customs, in the first five months of this year, China imported 2.139 million mt of unwrought copper and copper semis products, a year-on-year decrease of 11%.Import price was 61,000 yuan per ton, a decrease of 5.7%.More popular news:SMM Daily Comments (Jun 2): All Metals Closed Higher with SHFE Nickel Leading Gains, Coke SurgedSMM Daily Comments (Jun 5): Base Metals Mostly Fell, Ferrous Metals Bucked the Trend to Surge, Oil Gained Further on Saudi Arabia Output Cuts in JulySMM Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel & Cobalt Supply and Demand Prospect, Impact from NEV DevelopmentGlencore to Aggressively Expand Copper CapacityCommerzbank Lowers Price Forecast for Copper, Aluminium, Zinc and Nickel for 2023 and 2024Rumours Say Glencore Will Raise Takeover Bid for Teck Resources, but Another Big Obstacle Lies AheadCommodity Price Bubble Finally Burst, but Metals Demand Will SurgeFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
YES
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YES
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China Imports Of Unwrought Copper and Copper Semis Products Fell In First Five Months Of 2023According to General Administration of Customs, in the first five months of this year, China imported 2.139 million mt of unwrought copper and copper semis products, a year-on-year decrease of 11%.Import price was 61,000 yuan per ton, a decrease of 5.7%.More popular news:SMM Daily Comments (Jun 2): All Metals Closed Higher with SHFE Nickel Leading Gains, Coke SurgedSMM Daily Comments (Jun 5): Base Metals Mostly Fell, Ferrous Metals Bucked the Trend to Surge, Oil Gained Further on Saudi Arabia Output Cuts in JulySMM Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel & Cobalt Supply and Demand Prospect, Impact from NEV DevelopmentGlencore to Aggressively Expand Copper CapacityCommerzbank Lowers Price Forecast for Copper, Aluminium, Zinc and Nickel for 2023 and 2024Rumours Say Glencore Will Raise Takeover Bid for Teck Resources, but Another Big Obstacle Lies AheadCommodity Price Bubble Finally Burst, but Metals Demand Will SurgeFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
PMI For Aluminium Wire And Cable Sector Dropped To 44.2 In May, To Remain In Contraction Territory In JuneSHANGHAI, Jun 7 (SMM) – Aluminium wire and cable: SMM data showed the PMI for the sector lost 9.1 points to 44.2 in May. Operating rates in the aluminium wire and cable industry decreased slightly month-on-month. Both new orders and export orders showed a slight decline. New orders were limited after delivery to power grid projects was completed. State Grid issued bids for new projects, but delivery is not due until the end of the year. In view of limited new orders and falling backlog orders, operating rates will hardly pick up significantly. The PMI will remain below 50 in June. More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Oil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySMM Morning Comments (Jun 1): Base Metals Closed Mostly with Losses, US Fed Sends Hawkish SignalsFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
YES
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YES
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PMI For Aluminium Wire And Cable Sector Dropped To 44.2 In May, To Remain In Contraction Territory In JuneSHANGHAI, Jun 7 (SMM) – Aluminium wire and cable: SMM data showed the PMI for the sector lost 9.1 points to 44.2 in May. Operating rates in the aluminium wire and cable industry decreased slightly month-on-month. Both new orders and export orders showed a slight decline. New orders were limited after delivery to power grid projects was completed. State Grid issued bids for new projects, but delivery is not due until the end of the year. In view of limited new orders and falling backlog orders, operating rates will hardly pick up significantly. The PMI will remain below 50 in June. More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Oil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySMM Morning Comments (Jun 1): Base Metals Closed Mostly with Losses, US Fed Sends Hawkish SignalsFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
सरकार ने दलहन उत्पादन को बढ़ावा देने के लिए अरहर, उड़द और मसूर की खरीद की सीमा हटाई07 जून 2023, नई दिल्ली: सरकार ने दलहन उत्पादन को बढ़ावा देने के लिए अरहर, उड़द और मसूर की खरीद की सीमा हटाई – दालों के घरेलू उत्पादन को बढ़ाने की दिशा में एक महत्वपूर्ण कदम उठाते हुए सरकार ने 2023-24 की मूल्य समर्थन योजना (पीएसएस) के तहत अरहर (तुअर), उड़द और मसूर पर लगी 40 प्रतिशत की खरीद सीमा को हटा दिया है। सरकार के इस फैसले से बिना किसी सीमा के किसानों से एमएसपी पर इन दालों की खरीद की जा सकती है। सरकार द्वारा लाभकारी कीमतों पर इन दालों की सुनिश्चित खरीद से किसानों को उत्पादन बढ़ाने के लिए आगामी खरीफ और रबी बुवाई के मौसम में अरहर, उड़द और मसूर के बुवाई क्षेत्र को बढ़ाने के लिए प्रेरित करने में मदद मिलेगी।सरकार ने 2 जून, 2023 को आवश्यक वस्तु अधिनियम, 1955 को लागू करते हुए अरहर और उड़द पर स्टॉक सीमा लगा दी थी ताकि जमाखोरी और अनैतिक व्यापार गतिविधियों को रोका जा सके तथा इस तरह उपभोक्ताओं को राहत दी जा सके। स्टॉक सीमा थोक विक्रेताओं, खुदरा विक्रेताओं, बड़ी श्रृंखला के खुदरा विक्रेताओं, मिल मालिकों (चक्की वालों) और आयातकों के लिए लागू की गई है। इन सबके के लिए उपभोक्ता मामले विभाग के पोर्टल (https://fcainfoweb.nic.in/psp) पर अपने स्टॉक की स्थिति घोषित करना भी अनिवार्य कर दिया गया है।उपभोक्ता मामलों के विभाग ने अरहर और उड़द पर लगाई गई स्टॉक सीमा पर अगली कार्रवाई के तहत राज्य सरकारों को निर्देश दिया है कि वे अपने-अपने राज्यों में इस सीमा का सख्ती से पालन सुनिश्चित करें। इसके लिए राज्यों को विभिन्न गोदाम संचालकों के साथ सत्यापन करके कीमतों और स्टॉक की स्थिति की निगरानी करने के लिए भी कहा गया है। इसके साथ-साथ विभाग ने सेंट्रल वेयरहाउसिंग कॉरपोरेशन (सीडब्ल्यूसी) और स्टेट वेयरहाउसिंग कॉरपोरेशन (एसडब्ल्यूसी) को भी उनके गोदामों में रखी अरहर और उड़द से संबंधित विवरण उपलब्ध कराने को कहा है।(नवीनतम कृषि समाचार और अपडेट के लिए आप अपने मनपसंद प्लेटफॉर्म पे कृषक जगत से जुड़े – गूगल न्यूज़, टेलीग्राम )
### Response:
YES
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YES
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सरकार ने दलहन उत्पादन को बढ़ावा देने के लिए अरहर, उड़द और मसूर की खरीद की सीमा हटाई07 जून 2023, नई दिल्ली: सरकार ने दलहन उत्पादन को बढ़ावा देने के लिए अरहर, उड़द और मसूर की खरीद की सीमा हटाई – दालों के घरेलू उत्पादन को बढ़ाने की दिशा में एक महत्वपूर्ण कदम उठाते हुए सरकार ने 2023-24 की मूल्य समर्थन योजना (पीएसएस) के तहत अरहर (तुअर), उड़द और मसूर पर लगी 40 प्रतिशत की खरीद सीमा को हटा दिया है। सरकार के इस फैसले से बिना किसी सीमा के किसानों से एमएसपी पर इन दालों की खरीद की जा सकती है। सरकार द्वारा लाभकारी कीमतों पर इन दालों की सुनिश्चित खरीद से किसानों को उत्पादन बढ़ाने के लिए आगामी खरीफ और रबी बुवाई के मौसम में अरहर, उड़द और मसूर के बुवाई क्षेत्र को बढ़ाने के लिए प्रेरित करने में मदद मिलेगी।सरकार ने 2 जून, 2023 को आवश्यक वस्तु अधिनियम, 1955 को लागू करते हुए अरहर और उड़द पर स्टॉक सीमा लगा दी थी ताकि जमाखोरी और अनैतिक व्यापार गतिविधियों को रोका जा सके तथा इस तरह उपभोक्ताओं को राहत दी जा सके। स्टॉक सीमा थोक विक्रेताओं, खुदरा विक्रेताओं, बड़ी श्रृंखला के खुदरा विक्रेताओं, मिल मालिकों (चक्की वालों) और आयातकों के लिए लागू की गई है। इन सबके के लिए उपभोक्ता मामले विभाग के पोर्टल (https://fcainfoweb.nic.in/psp) पर अपने स्टॉक की स्थिति घोषित करना भी अनिवार्य कर दिया गया है।उपभोक्ता मामलों के विभाग ने अरहर और उड़द पर लगाई गई स्टॉक सीमा पर अगली कार्रवाई के तहत राज्य सरकारों को निर्देश दिया है कि वे अपने-अपने राज्यों में इस सीमा का सख्ती से पालन सुनिश्चित करें। इसके लिए राज्यों को विभिन्न गोदाम संचालकों के साथ सत्यापन करके कीमतों और स्टॉक की स्थिति की निगरानी करने के लिए भी कहा गया है। इसके साथ-साथ विभाग ने सेंट्रल वेयरहाउसिंग कॉरपोरेशन (सीडब्ल्यूसी) और स्टेट वेयरहाउसिंग कॉरपोरेशन (एसडब्ल्यूसी) को भी उनके गोदामों में रखी अरहर और उड़द से संबंधित विवरण उपलब्ध कराने को कहा है।(नवीनतम कृषि समाचार और अपडेट के लिए आप अपने मनपसंद प्लेटफॉर्म पे कृषक जगत से जुड़े – गूगल न्यूज़, टेलीग्राम )
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Heatwaves in east may hit kharif sowingThe India Meteorological Department (IMD) on Tuesday forecast heatwave conditions over Bihar, Jharkhand, West Bengal, Andhra Pradesh and Telangana in the next five days, indicating a slight delay in land preparation for the forthcoming kharif crops, such as paddy and pulses.The Met department has urged farmers in these regions to commence harvesting of summer sown paddy, pulses and groundnut crops to save them from heatwaves. Farmers have been asked to provide irrigation to the paddy nursery for minimising the impact of the hot weather conditions.Officials said that armers should not commence kharif crops sowing activities till the heat waves wanes.IMD has said that “heatwave to severe heat wave conditions” prevailed for the last six days in some pockets of Bihar and West Bengal, both key paddy-growing states.Meanwhile, the department has also predicted a depression over southeast Arabian Sea, which is likely to move nearly northwards and intensify into a cyclonic storm over Arabian Sea during the next 12 hours. Stating that there has been some increase of rainfall activity over Kerala, the IMD said that cyclonic storm is likely to influence the progress of south-west monsoon.It will provide an update on monsoon on Wednesday.Private weather forecasting agency Skymet in its forecast said that during the next 24 hours, light to moderate rain with one or two heavy spells is possible over Lakshadweep, Kerala, coastal and South Interior Karnataka, Andaman, and Nicobar Islands.After missing its earlier forecast of the southwest monsoon onset over Kerala coast on Sunday, the weather department has refrained from providing a definite forecast of the start of the seasonal rains, which account for 75% of the country’s annual rainfall.No change has, however, been made to the IMD’s April 11 forecast that the precipitation this year would be in the “normal” range, at the 96% of the long-period average (LPA) Skymet had earlier said monsoon precipitation this year could be “below normal” at 94% of the LPA. Rainfall between 96-104% of the LPA is considered “normal”.Monsoon normally sets in over Kerala on June 1, with a standard deviation of about seven days. In the last 10 years, the earliest arrival was in 2018 and 2022 (May 29), and the most delayed onset was in 2019 (June 8).The IMD’s forecast last month for the onset of monsoon over Kerala coast on June 4 had an error margin of four days. Skymet had earlier predicted the monsoon onset on June 7, with an error margin of three days. “The southwest monsoon is likely to arrive within this bracket,” it had said.
### Response:
YES
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YES
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Heatwaves in east may hit kharif sowingThe India Meteorological Department (IMD) on Tuesday forecast heatwave conditions over Bihar, Jharkhand, West Bengal, Andhra Pradesh and Telangana in the next five days, indicating a slight delay in land preparation for the forthcoming kharif crops, such as paddy and pulses.The Met department has urged farmers in these regions to commence harvesting of summer sown paddy, pulses and groundnut crops to save them from heatwaves. Farmers have been asked to provide irrigation to the paddy nursery for minimising the impact of the hot weather conditions.Officials said that armers should not commence kharif crops sowing activities till the heat waves wanes.IMD has said that “heatwave to severe heat wave conditions” prevailed for the last six days in some pockets of Bihar and West Bengal, both key paddy-growing states.Meanwhile, the department has also predicted a depression over southeast Arabian Sea, which is likely to move nearly northwards and intensify into a cyclonic storm over Arabian Sea during the next 12 hours. Stating that there has been some increase of rainfall activity over Kerala, the IMD said that cyclonic storm is likely to influence the progress of south-west monsoon.It will provide an update on monsoon on Wednesday.Private weather forecasting agency Skymet in its forecast said that during the next 24 hours, light to moderate rain with one or two heavy spells is possible over Lakshadweep, Kerala, coastal and South Interior Karnataka, Andaman, and Nicobar Islands.After missing its earlier forecast of the southwest monsoon onset over Kerala coast on Sunday, the weather department has refrained from providing a definite forecast of the start of the seasonal rains, which account for 75% of the country’s annual rainfall.No change has, however, been made to the IMD’s April 11 forecast that the precipitation this year would be in the “normal” range, at the 96% of the long-period average (LPA) Skymet had earlier said monsoon precipitation this year could be “below normal” at 94% of the LPA. Rainfall between 96-104% of the LPA is considered “normal”.Monsoon normally sets in over Kerala on June 1, with a standard deviation of about seven days. In the last 10 years, the earliest arrival was in 2018 and 2022 (May 29), and the most delayed onset was in 2019 (June 8).The IMD’s forecast last month for the onset of monsoon over Kerala coast on June 4 had an error margin of four days. Skymet had earlier predicted the monsoon onset on June 7, with an error margin of three days. “The southwest monsoon is likely to arrive within this bracket,” it had said.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
MRPL shelves refinery growth to focus on chemicals betA truck driver stands on a truck near an oil refinery, operated by Bharat Petroleum Corp. Ltd., in Mumbai, India, on Saturday, Dec. 10, 2022. A senior official at India's oil ministry told reporters this month India has been buying oil from about 30 countries, and will continue to buy from anywhere including Russia beyond January. Photographer: Dhiraj Singh/Bloomberg MRPL Trade Watchlist Portfolio Message Set Alert NSElive bselive nselive 07 Jun, 2023 12:29 66.15 1.05 (1.61%) Volume 3300283 Todays L/H 64.1066.30 More × The Mangalore Refinery and Petrochemicals Ltd. has shelved a planned refinery expansion to focus on boosting its petrochemical production capacity, which may cost as much as 470 billion rupees ($5.7 billion). A shifting energy landscape primarily driven by the uptake of electric vehicles has prompted MRPL to focus its efforts on increasing output of chemicals that can be used for plastics and paints, Sanjay Varma, managing director, said in an interview. The company’s major investment will be on a new production plant in the southern Indian state of Karnataka, he said. Indian and Chinese refiners along with majors such as Exxon Mobil Corp. are betting on petrochemicals to underpin future oil demand as the transition to electric vehicles chips away at consumption of transport fuels. The new MRPL plant is likely to be operational in the next three to five years, said Varma. India is a net-importer of petrochemicals and the country is facing a “make-or-buy” decision, said Larry Tan, vice president of chemical consulting in Asia at S&P Global Commodity Insights in Singapore. “There is better value to capture production locally.” MRPL — majority owned by state-controlled Oil and Natural Gas Corp. — plans to spend around 300-400 billion rupees on the new plant, and a further 60-70 billion rupees on smaller petrochemical units, Varma said. The investment will help “de-risk MRPL’s future” during the energy transition, he added. Related stories Vikas Ecotech to raise Rs 100 crore via QIP issue VA Tech WABAG bags order worth Rs 420 crore from CIDCO Maharashtra Starbucks brews up cheaper India drinks as domestic rivals expand The investment will contribute to ONGC’s overall spend of 1 trillion rupees to expand its petrochemical capacity to 8 million tons a year by 2030, from 3.4 million tons, according to a spokesman for ONGC. While MRPL shelved plans to boost the capacity of its refinery on the west coast to 18 million tons a year from 15 million tons, the plant has still run above operational levels, said Varma. The refinery operated at a record average of 17.1 million tons a year over the 12 months ended March 13, he said.
### Response:
YES
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YES
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MRPL shelves refinery growth to focus on chemicals betA truck driver stands on a truck near an oil refinery, operated by Bharat Petroleum Corp. Ltd., in Mumbai, India, on Saturday, Dec. 10, 2022. A senior official at India's oil ministry told reporters this month India has been buying oil from about 30 countries, and will continue to buy from anywhere including Russia beyond January. Photographer: Dhiraj Singh/Bloomberg MRPL Trade Watchlist Portfolio Message Set Alert NSElive bselive nselive 07 Jun, 2023 12:29 66.15 1.05 (1.61%) Volume 3300283 Todays L/H 64.1066.30 More × The Mangalore Refinery and Petrochemicals Ltd. has shelved a planned refinery expansion to focus on boosting its petrochemical production capacity, which may cost as much as 470 billion rupees ($5.7 billion). A shifting energy landscape primarily driven by the uptake of electric vehicles has prompted MRPL to focus its efforts on increasing output of chemicals that can be used for plastics and paints, Sanjay Varma, managing director, said in an interview. The company’s major investment will be on a new production plant in the southern Indian state of Karnataka, he said. Indian and Chinese refiners along with majors such as Exxon Mobil Corp. are betting on petrochemicals to underpin future oil demand as the transition to electric vehicles chips away at consumption of transport fuels. The new MRPL plant is likely to be operational in the next three to five years, said Varma. India is a net-importer of petrochemicals and the country is facing a “make-or-buy” decision, said Larry Tan, vice president of chemical consulting in Asia at S&P Global Commodity Insights in Singapore. “There is better value to capture production locally.” MRPL — majority owned by state-controlled Oil and Natural Gas Corp. — plans to spend around 300-400 billion rupees on the new plant, and a further 60-70 billion rupees on smaller petrochemical units, Varma said. The investment will help “de-risk MRPL’s future” during the energy transition, he added. Related stories Vikas Ecotech to raise Rs 100 crore via QIP issue VA Tech WABAG bags order worth Rs 420 crore from CIDCO Maharashtra Starbucks brews up cheaper India drinks as domestic rivals expand The investment will contribute to ONGC’s overall spend of 1 trillion rupees to expand its petrochemical capacity to 8 million tons a year by 2030, from 3.4 million tons, according to a spokesman for ONGC. While MRPL shelved plans to boost the capacity of its refinery on the west coast to 18 million tons a year from 15 million tons, the plant has still run above operational levels, said Varma. The refinery operated at a record average of 17.1 million tons a year over the 12 months ended March 13, he said.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
OQ Chemicals launches biobased oxbalance TCD alcohol DMOQ Chemicals has launched Oxbalance TCD Alcohol DM, a sustainable alternative to conventional TCD Alcohol DM (Tricyclodecane Dimethanol). The ISCC PLUS-certified product is made from more than 70% biobased and biocircular feedstocks. OQ Chemicals recently increased its production capacity for TCD Alcohol DM in 2022 and is now expanding the application range for this product with the biobased variant. Due to its special properties, Oxbalance TCD Alcohol DM is suitable for the production of high-performance technical polymers such as polyesters, polycarbonates, and polyurethanes, as well as for use in adhesives, coatings and paints for the food packaging, electronics, and automotive industries. “Our Oxbalance products provide our customers with a sustainable alternative to conventional fully synthetic products. Certified as biomaterials, they fully meet the specifications and qualities of conventional products without requiring a new approval or qualification. With these products that are mass-balanced according to ISCC PLUS, we offer our customers a solution that meets the growing demand for sustainable raw materials and the increasing requirements for complete transparency in the supply chain. Our customers can switch to our biobased Oxbalance products without compromising on performance or quality,” said David Faust, Executive Vice President Oxo Performance Chemicals at OQ Chemicals. Dr. Oliver Borgmeier, CEO of OQ Chemicals, emphasized: “Oxbalance is our new line of biobased Oxo Performance Chemicals. We are proud to offer our customers sustainable alternatives to conventional fully synthetic products - first Oxbalance Isononanoic Acid and now Oxbalance TCD Alcohol DM. We will continue to expand our biobased portfolio. As an industry partner, we are growing together with our customers and developing sustainable solutions for the global market.” The OxBalance product line uses the ISCC PLUS mass balance approach, which tracks renewable raw materials in chemical manufacturing processes and assigns them to the products. OxBalance is a registered trademark of OQ Chemicals.
### Response:
YES
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YES
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OQ Chemicals launches biobased oxbalance TCD alcohol DMOQ Chemicals has launched Oxbalance TCD Alcohol DM, a sustainable alternative to conventional TCD Alcohol DM (Tricyclodecane Dimethanol). The ISCC PLUS-certified product is made from more than 70% biobased and biocircular feedstocks. OQ Chemicals recently increased its production capacity for TCD Alcohol DM in 2022 and is now expanding the application range for this product with the biobased variant. Due to its special properties, Oxbalance TCD Alcohol DM is suitable for the production of high-performance technical polymers such as polyesters, polycarbonates, and polyurethanes, as well as for use in adhesives, coatings and paints for the food packaging, electronics, and automotive industries. “Our Oxbalance products provide our customers with a sustainable alternative to conventional fully synthetic products. Certified as biomaterials, they fully meet the specifications and qualities of conventional products without requiring a new approval or qualification. With these products that are mass-balanced according to ISCC PLUS, we offer our customers a solution that meets the growing demand for sustainable raw materials and the increasing requirements for complete transparency in the supply chain. Our customers can switch to our biobased Oxbalance products without compromising on performance or quality,” said David Faust, Executive Vice President Oxo Performance Chemicals at OQ Chemicals. Dr. Oliver Borgmeier, CEO of OQ Chemicals, emphasized: “Oxbalance is our new line of biobased Oxo Performance Chemicals. We are proud to offer our customers sustainable alternatives to conventional fully synthetic products - first Oxbalance Isononanoic Acid and now Oxbalance TCD Alcohol DM. We will continue to expand our biobased portfolio. As an industry partner, we are growing together with our customers and developing sustainable solutions for the global market.” The OxBalance product line uses the ISCC PLUS mass balance approach, which tracks renewable raw materials in chemical manufacturing processes and assigns them to the products. OxBalance is a registered trademark of OQ Chemicals.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
BASF to expand production capacity for bio-based alkyl polyglucosides in Thailand and USBASF will expand its global alkyl polyglucosides (APGs) production capacity with two expansions at its sites in Bangpakong, Thailand, and Cincinnati, Ohio. By expanding in two regions in parallel, BASF, the global market leader for APGs, can strengthen its position and serve customers even faster and more flexible from the regional supply points, while at the same time reducing cross-regional volume flows. The additional capacities are expected to come on stream in 2025. “With this investment, we will solidify our position as a leading supplier of APGs in all relevant industries”, said Mary Kurian, President Care Chemicals. “Both our customers and consumers around the world are aware of the importance of sustainable formulations. At BASF, we are committed to providing sustainable products with strong performance. This expansion will enable the future of bio-based and biodegradable surfactants worldwide by offering diverse applications for personal care and home care, as well as industrial and institutional cleaning and industrial formulations.” “As the sole producer of APGs in North America, this expansion demonstrates our unwavering commitment to deliver innovative bio-based and biodegradable surfactants to our customers”, said Marcelo Lu, Senior Vice President, Care Chemicals, North America. “With this additional capacity we stand ready to help customers reformulate and meet the increasing consumer and regulatory demand for more sustainable solutions across the Care Chemicals portfolio.” “The Bangpakong site in Thailand is an important production hub for BASF in Asia already. This new APG line, together with our existing APG plant in Jinshan, China, will enable short delivery times and business continuity for our customers to support the growth and the increasing consumer demand for bio-based surfactants across the continent”, said Agus Ciputra, Senior Vice President, Care Chemicals, Asia Pacific. BASF currently produces APGs in Duesseldorf, Germany; Cincinnati, Ohio; and Jinshan, China. The investment to expand regional production capacities in Asia and North America is triggered by a growing global demand and complements the existing facilities. APGs are bio-based and readily biodegradable, mild secondary surfactants, derived from 100 percent natural and renewable feedstocks.
### Response:
NO
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NO
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BASF to expand production capacity for bio-based alkyl polyglucosides in Thailand and USBASF will expand its global alkyl polyglucosides (APGs) production capacity with two expansions at its sites in Bangpakong, Thailand, and Cincinnati, Ohio. By expanding in two regions in parallel, BASF, the global market leader for APGs, can strengthen its position and serve customers even faster and more flexible from the regional supply points, while at the same time reducing cross-regional volume flows. The additional capacities are expected to come on stream in 2025. “With this investment, we will solidify our position as a leading supplier of APGs in all relevant industries”, said Mary Kurian, President Care Chemicals. “Both our customers and consumers around the world are aware of the importance of sustainable formulations. At BASF, we are committed to providing sustainable products with strong performance. This expansion will enable the future of bio-based and biodegradable surfactants worldwide by offering diverse applications for personal care and home care, as well as industrial and institutional cleaning and industrial formulations.” “As the sole producer of APGs in North America, this expansion demonstrates our unwavering commitment to deliver innovative bio-based and biodegradable surfactants to our customers”, said Marcelo Lu, Senior Vice President, Care Chemicals, North America. “With this additional capacity we stand ready to help customers reformulate and meet the increasing consumer and regulatory demand for more sustainable solutions across the Care Chemicals portfolio.” “The Bangpakong site in Thailand is an important production hub for BASF in Asia already. This new APG line, together with our existing APG plant in Jinshan, China, will enable short delivery times and business continuity for our customers to support the growth and the increasing consumer demand for bio-based surfactants across the continent”, said Agus Ciputra, Senior Vice President, Care Chemicals, Asia Pacific. BASF currently produces APGs in Duesseldorf, Germany; Cincinnati, Ohio; and Jinshan, China. The investment to expand regional production capacities in Asia and North America is triggered by a growing global demand and complements the existing facilities. APGs are bio-based and readily biodegradable, mild secondary surfactants, derived from 100 percent natural and renewable feedstocks.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
China's yarn exports to India double in Q1, reach $349 mn
### Response:
YES
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YES
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China's yarn exports to India double in Q1, reach $349 mn
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Oil prices steady as fears over supply tightness counter demand woesOil prices steadied on Wednesday after the previous session's losses, as demand concerns owing to slow global economic growth were offset by fears of tighter global supply following Saudi Arabia's pledge to deepen output cuts. Brent crude futures were up 9 cents, or 0.1 per cent, at $76.38 a barrel at 0039 GMT. The US West Texas Intermediate crude futures rose 11 cents, or 0.2 per cent, to $71.85 a barrel. Both benchmarks eased about 1 per cent on Tuesday, paring some of Monday's gains that were driven by top crude exporter Saudi Arabia's surprise pledge over the weekend to reduce output by 1 million barrels per day (bpd) to 9 million bpd in July. Advt 'The market has digested the news of Saudi's production cut and investors are now reluctant to take a large position because of mixed economic forecasts and indicators in the United States and China,' said Hiroyuki Kikukawa, president of NS Trading, a unit of Nissan Securities. 'We expect oil prices to test upside as we enter the summer driving season in the United States,' he said, adding that tighter global supply and US plans to buy crude to refill the Strategic Petroleum Reserve will limit the downside. The voluntary cut, Saudi Arabia's biggest in years, is on top of a broader deal by the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia to limit supply into 2024 as the group, collectively known as OPEC+, seeks to boost flagging oil prices. But Saudi's deeper output cuts is unlikely to underpin a sustainable price increase into the high $80s-low $90s, Citi said on Tuesday, although UBS analysts forecast Brent at $95 a barrel by end-2023 with a supply deficit seen rising above 2 million bpd. Meanwhile, the US Energy Information Administration (EIA) said on Tuesday that U.S crude oil production this year will rise faster and demand increases will cool compared to prior expectations. A reduction in the US crude stocks also lent support to the oil market, NS Trading's Kikukawa said. US crude oil inventories fell by about 1.7 million barrels last week, while fuel inventories rose, according to market sources citing American Petroleum Institute figures on Tuesday. Advt Analysts forecast US energy firms added about 1.0 million barrels of crude into storage during the week ended June 2, according to a Reuters poll. Reuters Published On Jun 7, 2023 at 08:12 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post organization of the petroleum exporting countries gmt eia oil oil price today Home News Oil & Gas Oil prices steady as fears over supply tightness counter demand woes
### Response:
NO
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NO
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Oil prices steady as fears over supply tightness counter demand woesOil prices steadied on Wednesday after the previous session's losses, as demand concerns owing to slow global economic growth were offset by fears of tighter global supply following Saudi Arabia's pledge to deepen output cuts. Brent crude futures were up 9 cents, or 0.1 per cent, at $76.38 a barrel at 0039 GMT. The US West Texas Intermediate crude futures rose 11 cents, or 0.2 per cent, to $71.85 a barrel. Both benchmarks eased about 1 per cent on Tuesday, paring some of Monday's gains that were driven by top crude exporter Saudi Arabia's surprise pledge over the weekend to reduce output by 1 million barrels per day (bpd) to 9 million bpd in July. Advt 'The market has digested the news of Saudi's production cut and investors are now reluctant to take a large position because of mixed economic forecasts and indicators in the United States and China,' said Hiroyuki Kikukawa, president of NS Trading, a unit of Nissan Securities. 'We expect oil prices to test upside as we enter the summer driving season in the United States,' he said, adding that tighter global supply and US plans to buy crude to refill the Strategic Petroleum Reserve will limit the downside. The voluntary cut, Saudi Arabia's biggest in years, is on top of a broader deal by the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia to limit supply into 2024 as the group, collectively known as OPEC+, seeks to boost flagging oil prices. But Saudi's deeper output cuts is unlikely to underpin a sustainable price increase into the high $80s-low $90s, Citi said on Tuesday, although UBS analysts forecast Brent at $95 a barrel by end-2023 with a supply deficit seen rising above 2 million bpd. Meanwhile, the US Energy Information Administration (EIA) said on Tuesday that U.S crude oil production this year will rise faster and demand increases will cool compared to prior expectations. A reduction in the US crude stocks also lent support to the oil market, NS Trading's Kikukawa said. US crude oil inventories fell by about 1.7 million barrels last week, while fuel inventories rose, according to market sources citing American Petroleum Institute figures on Tuesday. Advt Analysts forecast US energy firms added about 1.0 million barrels of crude into storage during the week ended June 2, according to a Reuters poll. Reuters Published On Jun 7, 2023 at 08:12 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post organization of the petroleum exporting countries gmt eia oil oil price today Home News Oil & Gas Oil prices steady as fears over supply tightness counter demand woes
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Oil extends losses as economic slowdown concerns returnTOKYO: Oil extended losses on Wednesday as concerns over global economic headwinds deepened, erasing the price gains booked after top crude exporter Saudi Arabia's surprise weekend pledge to deepen output cuts. Brent crude futures were down 40 cents, or 0.5 per cent, at $75.89 a barrel at 0456 GMT. The US West Texas Intermediate crude futures fell 35 cents, also 0.5 per cent, to $71.39 a barrel. Both benchmarks had jumped more than $1 on Monday, boosted by Saudi Arabia's decision over the weekend to reduce output by 1 million barrels per day (bpd) to 9 million bpd in July. 'The fears of recession, as more and more sombre economic readings point towards a slowdown, have kept a lid on oil prices, eroding all OPEC+'s efforts to keep prices afloat,' Priyanka Sachdeva, an analyst at Phillip Nova, said in a note. Advt US gasoline inventories rose by about 2.4 million barrels and distillates inventories were up by about 4.5 million barrels in the week ended June 2, market sources said on Tuesday, citing American Petroleum Institute figures. The unexpected buildup of stockpiles raised concerns over fuel consumption by the world's top oil consumer, especially as travel demand grew during the Memorial Day weekend. Meanwhile, the US Energy Information Administration (EIA) said on Tuesday that U.S crude oil production this year would rise faster and demand increases would cool compared to prior expectations. 'The market has digested the news of Saudi's production cut and investors are now reluctant to take a large position because of mixed economic forecasts and indicators in the United States and China,' said Hiroyuki Kikukawa, president of NS Trading, a unit of Nissan Securities. China's official data showed on Wednesday that its exports shrank much faster than expected in May and imports fell, albeit at a slower pace, as manufacturers struggled to find demand abroad and domestic consumption remained sluggish. Nonetheless, some analysts expected Saudi Arabia's voluntary cut, the biggest in the kingdom in years, would put a floor under oil prices, although it was unlikely to underpin a sustainable price increase into the high $80s-low $90s per barrel range. 'We expect oil prices to test upside as we enter the summer driving season in the United States,' Kikukawa said, adding that tighter global supply and US plans to buy crude to refill the Strategic Petroleum Reserve would limit the downside. Advt Reuters Published On Jun 7, 2023 at 11:36 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post phillip nova priyanka sachdeva kikukawa hiroyuki kikukawa us energy information administration strategic petroleum reserve nissan securities american petroleum institute Home News Oil & Gas Oil extends losses as economic slowdown concerns return
### Response:
YES
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YES
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Oil extends losses as economic slowdown concerns returnTOKYO: Oil extended losses on Wednesday as concerns over global economic headwinds deepened, erasing the price gains booked after top crude exporter Saudi Arabia's surprise weekend pledge to deepen output cuts. Brent crude futures were down 40 cents, or 0.5 per cent, at $75.89 a barrel at 0456 GMT. The US West Texas Intermediate crude futures fell 35 cents, also 0.5 per cent, to $71.39 a barrel. Both benchmarks had jumped more than $1 on Monday, boosted by Saudi Arabia's decision over the weekend to reduce output by 1 million barrels per day (bpd) to 9 million bpd in July. 'The fears of recession, as more and more sombre economic readings point towards a slowdown, have kept a lid on oil prices, eroding all OPEC+'s efforts to keep prices afloat,' Priyanka Sachdeva, an analyst at Phillip Nova, said in a note. Advt US gasoline inventories rose by about 2.4 million barrels and distillates inventories were up by about 4.5 million barrels in the week ended June 2, market sources said on Tuesday, citing American Petroleum Institute figures. The unexpected buildup of stockpiles raised concerns over fuel consumption by the world's top oil consumer, especially as travel demand grew during the Memorial Day weekend. Meanwhile, the US Energy Information Administration (EIA) said on Tuesday that U.S crude oil production this year would rise faster and demand increases would cool compared to prior expectations. 'The market has digested the news of Saudi's production cut and investors are now reluctant to take a large position because of mixed economic forecasts and indicators in the United States and China,' said Hiroyuki Kikukawa, president of NS Trading, a unit of Nissan Securities. China's official data showed on Wednesday that its exports shrank much faster than expected in May and imports fell, albeit at a slower pace, as manufacturers struggled to find demand abroad and domestic consumption remained sluggish. Nonetheless, some analysts expected Saudi Arabia's voluntary cut, the biggest in the kingdom in years, would put a floor under oil prices, although it was unlikely to underpin a sustainable price increase into the high $80s-low $90s per barrel range. 'We expect oil prices to test upside as we enter the summer driving season in the United States,' Kikukawa said, adding that tighter global supply and US plans to buy crude to refill the Strategic Petroleum Reserve would limit the downside. Advt Reuters Published On Jun 7, 2023 at 11:36 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post phillip nova priyanka sachdeva kikukawa hiroyuki kikukawa us energy information administration strategic petroleum reserve nissan securities american petroleum institute Home News Oil & Gas Oil extends losses as economic slowdown concerns return
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Need to import more sugar in Philippines: SRARepresentational Image Manila: There is a need to increase sugar imports as the refined sugar production in the country is estimated to be lower by 100,000 metric tons (MT) due to early milling and weather disturbances, said the Sugar Regulatory Administration (SRA), reports Philstar. SRA acting administrator Pablo Luis Azcona said in a media interview that the sugar output is likely to be lower by 100,000 MT. “We have reached 640,000 MT but are far away from last year’s output of 750,000 MT,” he said. Heavy rainfall that delayed harvesting cane resulted in a delay in crushing was one of the major reasons for lower output, he said. The mills have informed SRA that they are about to end their milling which is surprising as milling continues till June end. SRA has recommended the importation of up to 150,000 MT to meet domestic demand. President Marcos has already approved the import of 150,000 MT of sugar to boost supply.
### Response:
YES
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YES
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Need to import more sugar in Philippines: SRARepresentational Image Manila: There is a need to increase sugar imports as the refined sugar production in the country is estimated to be lower by 100,000 metric tons (MT) due to early milling and weather disturbances, said the Sugar Regulatory Administration (SRA), reports Philstar. SRA acting administrator Pablo Luis Azcona said in a media interview that the sugar output is likely to be lower by 100,000 MT. “We have reached 640,000 MT but are far away from last year’s output of 750,000 MT,” he said. Heavy rainfall that delayed harvesting cane resulted in a delay in crushing was one of the major reasons for lower output, he said. The mills have informed SRA that they are about to end their milling which is surprising as milling continues till June end. SRA has recommended the importation of up to 150,000 MT to meet domestic demand. President Marcos has already approved the import of 150,000 MT of sugar to boost supply.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Swabhimani Shetkari Sanghatana to agitate demanding fair price for sugarcaneRepresentational Image Kolhapur: Farmers’ organisation Swabhimani Shetkari Sanghatana will be launching a state-wide agitation demanding a hike in the sugarcane purchase price owing to the increased prices of sugar in the global market, reports Uniindia. Raju Shetty, former MP and the national president of the organisation said that the agitation will be conducted in July after seeking blessings of Chhatrapati Shivaji Maharaj’s ‘samadhi’. Apart from cane, Shetty plans to take up issues related to cotton and soybean. Addressing a meeting of the SSS state working committee held at Alate village in Kolhapur district, he said that the central government has failed to implement a guarantee law in the country despite a nationwide agitation in support of sugarcane.
### Response:
YES
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YES
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Swabhimani Shetkari Sanghatana to agitate demanding fair price for sugarcaneRepresentational Image Kolhapur: Farmers’ organisation Swabhimani Shetkari Sanghatana will be launching a state-wide agitation demanding a hike in the sugarcane purchase price owing to the increased prices of sugar in the global market, reports Uniindia. Raju Shetty, former MP and the national president of the organisation said that the agitation will be conducted in July after seeking blessings of Chhatrapati Shivaji Maharaj’s ‘samadhi’. Apart from cane, Shetty plans to take up issues related to cotton and soybean. Addressing a meeting of the SSS state working committee held at Alate village in Kolhapur district, he said that the central government has failed to implement a guarantee law in the country despite a nationwide agitation in support of sugarcane.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Rising Production Rates and Demand From Overseas Market Thrusts US Ethanol PricesTexas- In the first week of June, Ethanol production and inventories increased in the US market proportionally, knocking off the slow momentum of Ethanol prices in the domestic market. Throughout the past month, the sufficient availability of the product with domestic and international buyers governed the overall market dynamics of Ethanol in the North American region. Moreover, the demand-supply gap between the Ethanol manufacturer and the end-use manufacturing units such as biofuel producers, food, and pharmaceutical sectors has narrowed. As a ripple effect, the operational rate in the country has increased owing to the higher product inquiry and sufficient stockpile. Price quotations for Ethanol in the US market range between USD 810-860 per MT, FOB Texas and the giant players aim to keep the production rate on the upper edge.
### Response:
YES
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YES
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Rising Production Rates and Demand From Overseas Market Thrusts US Ethanol PricesTexas- In the first week of June, Ethanol production and inventories increased in the US market proportionally, knocking off the slow momentum of Ethanol prices in the domestic market. Throughout the past month, the sufficient availability of the product with domestic and international buyers governed the overall market dynamics of Ethanol in the North American region. Moreover, the demand-supply gap between the Ethanol manufacturer and the end-use manufacturing units such as biofuel producers, food, and pharmaceutical sectors has narrowed. As a ripple effect, the operational rate in the country has increased owing to the higher product inquiry and sufficient stockpile. Price quotations for Ethanol in the US market range between USD 810-860 per MT, FOB Texas and the giant players aim to keep the production rate on the upper edge.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Crop update: Finishing line in sight for winter wheatTeagasc has published its latest crop update for 2023. It confirms that the finishing line is in sight for winter wheat. Disease pressure has abated, helped by a combination of the recent dry weather. Also helping in this regard has been the crucial weather opportunities to apply leaf three and leaf one fungicides accurately this year. According to Teagasc agronomists, septoria on leaf three is common and there are symptoms on leaf two in some crops in the south. Meanwhile, early sown winter barley crops are into grain fill. The view from agronomists and farmers is that winter barley is average this year. While there are some excellent crops with high ear numbers, there are also plenty of fields that suffered from poor establishment, which has limited their yield potential.Spring barley crops range in growth stage from tillering to ear emergence. Lack of moisture is starting to become a problem in late sown crops resulting in trace element deficiencies, especially magnesium. Barley Yellow Dwarf Virus (BYDV) symptoms are common in late sown crops as expected. Teagasc is monitoring crops to measure the effects of the disease on final yield. Spring wheat is a small crop this year despite planting difficulties last autumn. February and early March sown crops are at flag leaf and are ready for fungicide. Disease levels are low, so reduced rates of an azole/SDHI mix will suit most crops. Where spring oats are concerned, growth stages vary depending on sowing date. They range from early stem extension to flag leaf fully emerged. There are reports of mildew and crown rust on some earlier sown crops. For crops at growth stage 32 a robust fungicide mix targeting mildew and crown rust can be applied the main plant growth regulator.Fungicide application to earlier planted crops can be applied once the ears are breaking the boot. Options here include; Decoy/Comet, Elatus Era, Boogie Xpro or a Strobilurin/Tebuconazole mix. Wet weather and the associated high levels of chocolate spot was the major concern for beans. However, concerns have now changed to the impact that the continuing dry conditions will have as most crops are in various stages of flowering. High levels of chocolate spot was a major concern particularly for early sown crops in the south and many crops have had two fungicides already and are awaiting number three. However the dry weather has alleviated this risk and new growth is staying clean in most cases. It is important to remember that growers are limited to a max total dose of 2kg/ha of Signum and only one application of Elatus Era at 0.66L/ha. Strobilurin/tebuconazole mixes represent a cost-effective option especially where disease pressure is low.
### Response:
NO
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NO
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Crop update: Finishing line in sight for winter wheatTeagasc has published its latest crop update for 2023. It confirms that the finishing line is in sight for winter wheat. Disease pressure has abated, helped by a combination of the recent dry weather. Also helping in this regard has been the crucial weather opportunities to apply leaf three and leaf one fungicides accurately this year. According to Teagasc agronomists, septoria on leaf three is common and there are symptoms on leaf two in some crops in the south. Meanwhile, early sown winter barley crops are into grain fill. The view from agronomists and farmers is that winter barley is average this year. While there are some excellent crops with high ear numbers, there are also plenty of fields that suffered from poor establishment, which has limited their yield potential.Spring barley crops range in growth stage from tillering to ear emergence. Lack of moisture is starting to become a problem in late sown crops resulting in trace element deficiencies, especially magnesium. Barley Yellow Dwarf Virus (BYDV) symptoms are common in late sown crops as expected. Teagasc is monitoring crops to measure the effects of the disease on final yield. Spring wheat is a small crop this year despite planting difficulties last autumn. February and early March sown crops are at flag leaf and are ready for fungicide. Disease levels are low, so reduced rates of an azole/SDHI mix will suit most crops. Where spring oats are concerned, growth stages vary depending on sowing date. They range from early stem extension to flag leaf fully emerged. There are reports of mildew and crown rust on some earlier sown crops. For crops at growth stage 32 a robust fungicide mix targeting mildew and crown rust can be applied the main plant growth regulator.Fungicide application to earlier planted crops can be applied once the ears are breaking the boot. Options here include; Decoy/Comet, Elatus Era, Boogie Xpro or a Strobilurin/Tebuconazole mix. Wet weather and the associated high levels of chocolate spot was the major concern for beans. However, concerns have now changed to the impact that the continuing dry conditions will have as most crops are in various stages of flowering. High levels of chocolate spot was a major concern particularly for early sown crops in the south and many crops have had two fungicides already and are awaiting number three. However the dry weather has alleviated this risk and new growth is staying clean in most cases. It is important to remember that growers are limited to a max total dose of 2kg/ha of Signum and only one application of Elatus Era at 0.66L/ha. Strobilurin/tebuconazole mixes represent a cost-effective option especially where disease pressure is low.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
India hands over LPG gas stoves, cylinders to underprivileged families in NepalKathmandu: Indian embassy in Nepal has handed over 275 LPG gas stoves, cylinders and other accessories to underprivileged families in Tirhut Rural Municipality of Saptari district in the Himalayan country. Consul General of India Nitesh Kumar and President of Nepal-India Women Friendship Society (NIFWS) and Member of House of Representatives Chanda Chaudhary handed over the cylinders on in Saptari district on June 3. A total of 3,000 sets of LPG stoves and 14.2 Kg cylinders and other accessories like regulators and pipes were gifted by the Government of India to underprivileged families of the districts of Sarlahi, Rautahat and Saptari. Approximately, 500 sets were distributed in Kaudena Municipality of Sarlahi district on April 19 this year. Advt Vijay Yadav, Chairman of Tirhut Rural Municipality; Narendra Karki, SP of Saptari; Radha Kayasth, Vice-President of Nepal-India Women Friendship Society; local journalists and other stakeholders were present on the occasion. The families were identified through the Socio-Economic Caste Census (SECC) list in coordination with District Administration Office (DAO) and local level. Social welfare councils have also been roped in for the distribution process. The government of India has approved Nepalese Rupees 2,40,90,000 for this purpose. Consul General congratulated the beneficiaries and noted that the use of traditional cooking fuel is detrimental to the health of rural women and the environment. The gifting of these LPG gas stoves and cylinders reflected the continued support of India to Nepal. NIWFS President Chanda Chaudhary thanked the Indian Government for its continued developmental support to women. Distribution of these LPG gas stoves, gas cylinders and accessories will replace the use of traditional cooking fuels like firewood, coal, and cow-dung cakes, which produce heavy smoke and cause health hazards. The gifting of stoves and cylinders is one of the 75 projects being inaugurated this year in Nepal as part of 'India@75 Azadi Ka Amrit Mahotsav'. The Project is inspired by the Pradhan Mantri Ujjwala Yojana (PMUY) of the Government of India which is a flagship scheme with the objective to make clean cooking fuel such as LPG available to the rural and deprived households which were otherwise using traditional cooking fuels. Advt Since 2003, India has taken up over 535 High Impact Development Projects (HICDPs) in Nepal in various sectors Health, Education, Drinking Water and Irrigation, Electrification, etc. and has completed 476 projects and 59 ongoing projects. Amongst these, 81 projects have been undertaken in Province-2, including 19 projects in Sarlahi; 5 projects in Rautahat and 9 projects in Saptari Districts. In addition to these, 87 ambulances to various health posts and 3 school buses have been gifted in these three districts by India. As close neighbours, India and Nepal share wide-ranging and multi-sectoral cooperation. The implementation of this project reflects the continued support of the Government of India in bolstering the efforts of the Government of Nepal for the upliftment of its people. ANI Published On Jun 6, 2023 at 02:21 PM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post india lpg yojana vijay yadav narendra karki tirhut rural municipality radha kayasth chanda chaudhary pradhan mantri ujjwala indian government Home News Oil & Gas India hands over LPG gas stoves, cylinders to underprivileged families in Nepal
### Response:
NO
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NO
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India hands over LPG gas stoves, cylinders to underprivileged families in NepalKathmandu: Indian embassy in Nepal has handed over 275 LPG gas stoves, cylinders and other accessories to underprivileged families in Tirhut Rural Municipality of Saptari district in the Himalayan country. Consul General of India Nitesh Kumar and President of Nepal-India Women Friendship Society (NIFWS) and Member of House of Representatives Chanda Chaudhary handed over the cylinders on in Saptari district on June 3. A total of 3,000 sets of LPG stoves and 14.2 Kg cylinders and other accessories like regulators and pipes were gifted by the Government of India to underprivileged families of the districts of Sarlahi, Rautahat and Saptari. Approximately, 500 sets were distributed in Kaudena Municipality of Sarlahi district on April 19 this year. Advt Vijay Yadav, Chairman of Tirhut Rural Municipality; Narendra Karki, SP of Saptari; Radha Kayasth, Vice-President of Nepal-India Women Friendship Society; local journalists and other stakeholders were present on the occasion. The families were identified through the Socio-Economic Caste Census (SECC) list in coordination with District Administration Office (DAO) and local level. Social welfare councils have also been roped in for the distribution process. The government of India has approved Nepalese Rupees 2,40,90,000 for this purpose. Consul General congratulated the beneficiaries and noted that the use of traditional cooking fuel is detrimental to the health of rural women and the environment. The gifting of these LPG gas stoves and cylinders reflected the continued support of India to Nepal. NIWFS President Chanda Chaudhary thanked the Indian Government for its continued developmental support to women. Distribution of these LPG gas stoves, gas cylinders and accessories will replace the use of traditional cooking fuels like firewood, coal, and cow-dung cakes, which produce heavy smoke and cause health hazards. The gifting of stoves and cylinders is one of the 75 projects being inaugurated this year in Nepal as part of 'India@75 Azadi Ka Amrit Mahotsav'. The Project is inspired by the Pradhan Mantri Ujjwala Yojana (PMUY) of the Government of India which is a flagship scheme with the objective to make clean cooking fuel such as LPG available to the rural and deprived households which were otherwise using traditional cooking fuels. Advt Since 2003, India has taken up over 535 High Impact Development Projects (HICDPs) in Nepal in various sectors Health, Education, Drinking Water and Irrigation, Electrification, etc. and has completed 476 projects and 59 ongoing projects. Amongst these, 81 projects have been undertaken in Province-2, including 19 projects in Sarlahi; 5 projects in Rautahat and 9 projects in Saptari Districts. In addition to these, 87 ambulances to various health posts and 3 school buses have been gifted in these three districts by India. As close neighbours, India and Nepal share wide-ranging and multi-sectoral cooperation. The implementation of this project reflects the continued support of the Government of India in bolstering the efforts of the Government of Nepal for the upliftment of its people. ANI Published On Jun 6, 2023 at 02:21 PM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post india lpg yojana vijay yadav narendra karki tirhut rural municipality radha kayasth chanda chaudhary pradhan mantri ujjwala indian government Home News Oil & Gas India hands over LPG gas stoves, cylinders to underprivileged families in Nepal
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Government raises MSP for kharif crops, paddy’s hiked by 7%NEW DELHI: The government on Wednesday approved an increase in the minimum support price (MSP) of all 14 mandated kharif (summer sown) crops for 2023-24 with paddy, the most popular one in terms of acreage and output, hiked by 7% (Rs 143 per quintal). The MSP for key pulses like moong (green gram) and oilseeds such as sesamum and groundnut were hiked over 10% in a signal to farmers to diversify to not only increase their returns but also reduce India’s dependence on imports to meet domestic requirements. The MSP hike for paddy is the second steepest increase in the last decade. The highest increase in the paddy MSP in the last 10 years was by Rs 200 per quintal in 2018-19 — ahead of Parliamentary elections when it was increased from Rs 1,550 per quintal to Rs 1,750 per quintal or nearly 13 per cent. Among new MSP of 14 crops for 2023-24 approved by the Cabinet on Wednesday, green gram (moong) got the highest hike of 10.4% over 2022-23 followed by sesamum that saw an increase of 10.3%. Among cash crops, cotton MSP saw an increase of 8.9% in 2023-24 kharif marketing season over the previous year. In a tweet, PM Narendra Modi said, “In the past nine years, several important decisions have been taken in the interest of farmers. In this series, today (Wednesday) the government has approved the increase in MSP for kharif crops. Apart from getting remunerative price for the produce to the food providers, the efforts to diversify the crops will also be strengthened.” The increase in MSP is in sync with the 2018-19 budget announcement of fixing support prices at a level of at least 1.5 times of the all-India weighted average cost of production. Accordingly, the expected margin to farmers over their cost of production are estimated to be highest in case of bajra (82%) followed by tur (58%), soybean (52%) and urad (51%) that will encourage farmers to opt for sowing of these high-return crops during the sowing season in the monsoon. For the rest of the crops including paddy, the margin to farmers over their cost of production is estimated to be at least 50%. “Farmers will benefit from the increase in the MSP at a time when the retail inflation is in a declining trend,” Union food minister Piyush Goyal said. The minister said while during the UPA regime, the inflation was in the range of 9-10%, now it is less than half at 4.5%. 06:30 Assam govt to buy mustard from farmers at MSP of Rs 5,450 per quintal He said, “In agriculture, we have been fixing MSP from time to time based on the recommendations of CACP (Commission for Agricultural Costs and Prices). The increase in MSP of the kharif crops for this year is highest compared to the previous years.” Responding to a question on double-digit inflation in cereals, Goyal said the inflation is lower than other countries, while stressing that this is reflective of a rise in demand for cereals owing to an increase in income. SBI Research said the government nod to increase MSP for kharif crops for marketing season 2023-24 in the range of 5-11% “is unlikely to be inflationary as any impact on inflation is directly proportional to procurement”. It added while procurement of cereals is primarily in the realm of wheat and rice, the procurement of pulses by Nafed is not much. 00:34 Farmers continue demanding MSP for sunflower seeds in Kurukshetra The PM has given high priority to check food inflation, which is under control compared to other countries, Goyal said, adding that a group of ministers under Amit Shah regularly meets to take stock of the situation. Backed by multiple measures and good monsoons, the country’s foodgrains’ output has consistently been increasing since 2016-17, reaching an estimated 330 million tonnes in 2022-23, which is all-time record and higher by 14.9 million tonnes as compared to the previous year 2021-22. Pulses have also been consistently recording high output. It helped India achieve over 90% self-sufficiency in pulses. Watch Cabinet approves increased MSP For Kharif crops, paddy MSP soars to ₹2,183 per quintal, moong dal sees highest hike
### Response:
YES
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YES
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Government raises MSP for kharif crops, paddy’s hiked by 7%NEW DELHI: The government on Wednesday approved an increase in the minimum support price (MSP) of all 14 mandated kharif (summer sown) crops for 2023-24 with paddy, the most popular one in terms of acreage and output, hiked by 7% (Rs 143 per quintal). The MSP for key pulses like moong (green gram) and oilseeds such as sesamum and groundnut were hiked over 10% in a signal to farmers to diversify to not only increase their returns but also reduce India’s dependence on imports to meet domestic requirements. The MSP hike for paddy is the second steepest increase in the last decade. The highest increase in the paddy MSP in the last 10 years was by Rs 200 per quintal in 2018-19 — ahead of Parliamentary elections when it was increased from Rs 1,550 per quintal to Rs 1,750 per quintal or nearly 13 per cent. Among new MSP of 14 crops for 2023-24 approved by the Cabinet on Wednesday, green gram (moong) got the highest hike of 10.4% over 2022-23 followed by sesamum that saw an increase of 10.3%. Among cash crops, cotton MSP saw an increase of 8.9% in 2023-24 kharif marketing season over the previous year. In a tweet, PM Narendra Modi said, “In the past nine years, several important decisions have been taken in the interest of farmers. In this series, today (Wednesday) the government has approved the increase in MSP for kharif crops. Apart from getting remunerative price for the produce to the food providers, the efforts to diversify the crops will also be strengthened.” The increase in MSP is in sync with the 2018-19 budget announcement of fixing support prices at a level of at least 1.5 times of the all-India weighted average cost of production. Accordingly, the expected margin to farmers over their cost of production are estimated to be highest in case of bajra (82%) followed by tur (58%), soybean (52%) and urad (51%) that will encourage farmers to opt for sowing of these high-return crops during the sowing season in the monsoon. For the rest of the crops including paddy, the margin to farmers over their cost of production is estimated to be at least 50%. “Farmers will benefit from the increase in the MSP at a time when the retail inflation is in a declining trend,” Union food minister Piyush Goyal said. The minister said while during the UPA regime, the inflation was in the range of 9-10%, now it is less than half at 4.5%. 06:30 Assam govt to buy mustard from farmers at MSP of Rs 5,450 per quintal He said, “In agriculture, we have been fixing MSP from time to time based on the recommendations of CACP (Commission for Agricultural Costs and Prices). The increase in MSP of the kharif crops for this year is highest compared to the previous years.” Responding to a question on double-digit inflation in cereals, Goyal said the inflation is lower than other countries, while stressing that this is reflective of a rise in demand for cereals owing to an increase in income. SBI Research said the government nod to increase MSP for kharif crops for marketing season 2023-24 in the range of 5-11% “is unlikely to be inflationary as any impact on inflation is directly proportional to procurement”. It added while procurement of cereals is primarily in the realm of wheat and rice, the procurement of pulses by Nafed is not much. 00:34 Farmers continue demanding MSP for sunflower seeds in Kurukshetra The PM has given high priority to check food inflation, which is under control compared to other countries, Goyal said, adding that a group of ministers under Amit Shah regularly meets to take stock of the situation. Backed by multiple measures and good monsoons, the country’s foodgrains’ output has consistently been increasing since 2016-17, reaching an estimated 330 million tonnes in 2022-23, which is all-time record and higher by 14.9 million tonnes as compared to the previous year 2021-22. Pulses have also been consistently recording high output. It helped India achieve over 90% self-sufficiency in pulses. Watch Cabinet approves increased MSP For Kharif crops, paddy MSP soars to ₹2,183 per quintal, moong dal sees highest hike
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Unseasonal rains wrecked crops worth Rs 381 crore in stateHYDERABAD: The Telangana government has pegged the total losses suffered by farmers in two recent spells of unseasonal rain and hailstorm between March and May at Rs 381 crore. According to the estimates, crops in 3.81 lakh acres were damaged. Farmers were hit by the first spell of unseasonal rain in March, with crops in 1.51 lakh acres being damaged. This was followed by different spells of rain and hail in April and May in which crops in 2.3 lakh acres were damaged, senior officials in the Telangana government told TOI. Officials added that farmers who suffered losses in both spells of rain may be compensated for only one spell. The government had earlier announced that it would provide Rs 10,000 per acre as support to farmers who suffered losses, but have not yet started the cheque distribution process. Activists and agriculture experts argue that the parameters for fixing crop damage compensation should be changed. The state government follows guidelines fixed by the Centre - compensation is paid only when 30% of the crop in an acre is damaged. Given the vagaries of nature, many activists feel that a more liberal approach would help farmers. If the 30% rule is not taken into account, the extent of damage would be more. But before discussing change in criteria and policy, the government must distribute compensation to the farmers who have already been identified ,' Ch Veneet, an agriculture activist, said. Sources added that the state government has the option of either paying farmers from its own exchequer or approaching the Centre to pay up from its disaster management funds. However, the Union government would ask for detailed assessment reports and both the governments would have to agree on the numbers before compensation is paid.
### Response:
NO
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NO
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Unseasonal rains wrecked crops worth Rs 381 crore in stateHYDERABAD: The Telangana government has pegged the total losses suffered by farmers in two recent spells of unseasonal rain and hailstorm between March and May at Rs 381 crore. According to the estimates, crops in 3.81 lakh acres were damaged. Farmers were hit by the first spell of unseasonal rain in March, with crops in 1.51 lakh acres being damaged. This was followed by different spells of rain and hail in April and May in which crops in 2.3 lakh acres were damaged, senior officials in the Telangana government told TOI. Officials added that farmers who suffered losses in both spells of rain may be compensated for only one spell. The government had earlier announced that it would provide Rs 10,000 per acre as support to farmers who suffered losses, but have not yet started the cheque distribution process. Activists and agriculture experts argue that the parameters for fixing crop damage compensation should be changed. The state government follows guidelines fixed by the Centre - compensation is paid only when 30% of the crop in an acre is damaged. Given the vagaries of nature, many activists feel that a more liberal approach would help farmers. If the 30% rule is not taken into account, the extent of damage would be more. But before discussing change in criteria and policy, the government must distribute compensation to the farmers who have already been identified ,' Ch Veneet, an agriculture activist, said. Sources added that the state government has the option of either paying farmers from its own exchequer or approaching the Centre to pay up from its disaster management funds. However, the Union government would ask for detailed assessment reports and both the governments would have to agree on the numbers before compensation is paid.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
US tin plate imports down 3.9 percent in AprilAccording to preliminary census data from the US Department of Commerce, US imports of tin plate totaled 76,364 mt in April 2023, down 16.8 percent from March and down 29.2 percent from April 2022 levels. By value, tin plate imports totaled $130.9 million in April 2023, compared to $142.3 million in March and $183.4 million in April 2022. The US imported the most tin plate from Netherlands in April, with 20,746 mt, compared to 6,353 mt in March and 18,587 mt in April 2022. Other top sources of imported tin plate in April include Germany, with 20,082 mt; Taiwan, with 14,188 mt; Canada, with 12,061 mt; and South Korea, with 3,716 mt.
### Response:
YES
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YES
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US tin plate imports down 3.9 percent in AprilAccording to preliminary census data from the US Department of Commerce, US imports of tin plate totaled 76,364 mt in April 2023, down 16.8 percent from March and down 29.2 percent from April 2022 levels. By value, tin plate imports totaled $130.9 million in April 2023, compared to $142.3 million in March and $183.4 million in April 2022. The US imported the most tin plate from Netherlands in April, with 20,746 mt, compared to 6,353 mt in March and 18,587 mt in April 2022. Other top sources of imported tin plate in April include Germany, with 20,082 mt; Taiwan, with 14,188 mt; Canada, with 12,061 mt; and South Korea, with 3,716 mt.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Wire rod consumption in Mexico breaks negative streak, up 9.5 percent in AprilThe apparent consumption of wire rod in Mexico broke the negative streak of the first three months of the year by growing 9.5 percent, year-over-year, in April with 218,000 metric tons (mt), according to data from the Mexican Chamber of Industry of Iron and Steel (Canacero) reviewed by SteelOrbis. In January, there was no growth (zero percent) in wire rod consumption, in February it decreased 4.5 percent and in March it decreased 17.8 percent. Considering the production level of April, the increase from March is equivalent to the production of 2.8 days. Wire rod is the fifth product with the highest consumption and the highest manufacturing level of finished steel products in Mexico. Wire rod production decreased 15.9 percent or 39,000 mt to total 207,000 mt in April. That volume contributed 95.0 percent of consumption. Wire rod exports, meanwhile, decreased 86.8 percent in April, totaling only 7,000 mt.
### Response:
YES
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YES
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Wire rod consumption in Mexico breaks negative streak, up 9.5 percent in AprilThe apparent consumption of wire rod in Mexico broke the negative streak of the first three months of the year by growing 9.5 percent, year-over-year, in April with 218,000 metric tons (mt), according to data from the Mexican Chamber of Industry of Iron and Steel (Canacero) reviewed by SteelOrbis. In January, there was no growth (zero percent) in wire rod consumption, in February it decreased 4.5 percent and in March it decreased 17.8 percent. Considering the production level of April, the increase from March is equivalent to the production of 2.8 days. Wire rod is the fifth product with the highest consumption and the highest manufacturing level of finished steel products in Mexico. Wire rod production decreased 15.9 percent or 39,000 mt to total 207,000 mt in April. That volume contributed 95.0 percent of consumption. Wire rod exports, meanwhile, decreased 86.8 percent in April, totaling only 7,000 mt.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
MMi Daily Iron Ore Report (June 7)》Click to download the PDF and view the whole reportFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
NO
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NO
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MMi Daily Iron Ore Report (June 7)》Click to download the PDF and view the whole reportFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Dollar and Gold Dropped, Oil and Dow Jones Industrial Average Rose SHANGHAI, Jun 8 (SMM) – The dollar closed at 104.1 and fell 0.02; crude oil rose 1.01 and closed at 72.46; gold fell 23.49 and closed at 1,939.66; the Dow Jones Industrial Average rose 91.74 and closed at 33,665.02.More popular news:SMM Daily Comments (Jun 2): All Metals Closed Higher with SHFE Nickel Leading Gains, Coke SurgedSMM Daily Comments (Jun 5): Base Metals Mostly Fell, Ferrous Metals Bucked the Trend to Surge, Oil Gained Further on Saudi Arabia Output Cuts in JulySMM Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel & Cobalt Supply and Demand Prospect, Impact from NEV DevelopmentGlencore to Aggressively Expand Copper CapacityWorld Bank Raises Forecast for Global Economic Growth in 2023 with Significant Increase for China, Emphasises Dangers of A High-Interest Rate Environment, But Lowers Forecast for 2024Changan Automobile Denies Rumours of 'Withholding Payment': NOT True and Has Reported to Public Security AuthorityCommerzbank Lowers Price Forecast for Copper, Aluminium, Zinc and Nickel for 2023 and 2024Rumours Say Glencore Will Raise Takeover Bid for Teck Resources, but Another Big Obstacle Lies AheadCommodity Price Bubble Finally Burst, but Metals Demand Will Surge For queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
YES
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YES
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Dollar and Gold Dropped, Oil and Dow Jones Industrial Average Rose SHANGHAI, Jun 8 (SMM) – The dollar closed at 104.1 and fell 0.02; crude oil rose 1.01 and closed at 72.46; gold fell 23.49 and closed at 1,939.66; the Dow Jones Industrial Average rose 91.74 and closed at 33,665.02.More popular news:SMM Daily Comments (Jun 2): All Metals Closed Higher with SHFE Nickel Leading Gains, Coke SurgedSMM Daily Comments (Jun 5): Base Metals Mostly Fell, Ferrous Metals Bucked the Trend to Surge, Oil Gained Further on Saudi Arabia Output Cuts in JulySMM Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel & Cobalt Supply and Demand Prospect, Impact from NEV DevelopmentGlencore to Aggressively Expand Copper CapacityWorld Bank Raises Forecast for Global Economic Growth in 2023 with Significant Increase for China, Emphasises Dangers of A High-Interest Rate Environment, But Lowers Forecast for 2024Changan Automobile Denies Rumours of 'Withholding Payment': NOT True and Has Reported to Public Security AuthorityCommerzbank Lowers Price Forecast for Copper, Aluminium, Zinc and Nickel for 2023 and 2024Rumours Say Glencore Will Raise Takeover Bid for Teck Resources, but Another Big Obstacle Lies AheadCommodity Price Bubble Finally Burst, but Metals Demand Will Surge For queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
China’s Lithium Carbonate Output Recovered Noticeably In May And On Track To Grow Further In June Amid Optimistic Market ExpectationsSHANGHAI, Jun 8 (SMM) – Below is SMM’s exclusive data on China’s lithium carbonate output in May and forecast for June. China’s lithium carbonate output stood at 33,382 mt in May, up 14% MoM and 14% YoY.Despite maintenance by some smelters, growing spodumene supply enabled the total output of spodumene-based battery-grade lithium carbonate to increase. Some lepidolite-based smelters returned to profit-making territory and lepidolite production increased, significantly driving up the output of lepidolite-based lithium carbonate smelters. In addition, salt lake -based smelters saw significant growth in their output, whereas scrap-based smelters reported only mild production growth.Driven by brisk lithium ore purchases and optimistic market expectations, SMM estimates that China’s lithium carbonate output will climb 11% MoM and 17% YoY to 36,982 mt in June.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Tragedy of Electric Car Catching Fire Immediately After Collision In China’s Hangzhou City Renews Concerns Over Safety Of Nickel-Manganese-Cobalt (NMC 811) BatteryOil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelTightening Crackdowns Threaten To Tighten Iron Ore Supply In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production Aggressively For queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
YES
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YES
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China’s Lithium Carbonate Output Recovered Noticeably In May And On Track To Grow Further In June Amid Optimistic Market ExpectationsSHANGHAI, Jun 8 (SMM) – Below is SMM’s exclusive data on China’s lithium carbonate output in May and forecast for June. China’s lithium carbonate output stood at 33,382 mt in May, up 14% MoM and 14% YoY.Despite maintenance by some smelters, growing spodumene supply enabled the total output of spodumene-based battery-grade lithium carbonate to increase. Some lepidolite-based smelters returned to profit-making territory and lepidolite production increased, significantly driving up the output of lepidolite-based lithium carbonate smelters. In addition, salt lake -based smelters saw significant growth in their output, whereas scrap-based smelters reported only mild production growth.Driven by brisk lithium ore purchases and optimistic market expectations, SMM estimates that China’s lithium carbonate output will climb 11% MoM and 17% YoY to 36,982 mt in June.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Tragedy of Electric Car Catching Fire Immediately After Collision In China’s Hangzhou City Renews Concerns Over Safety Of Nickel-Manganese-Cobalt (NMC 811) BatteryOil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelTightening Crackdowns Threaten To Tighten Iron Ore Supply In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production Aggressively For queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Aluminium Prices Closed With Gains, Expectations For US Interest Hike Grow After Unexpected Rate Hike By The Bank Of CanadaSHANGHAI, Jun 8 (SMM) – The most-traded SHFE 2307 aluminium contract opened at 18,130 yuan/mt overnight, with its low and high at 18,080 yuan/mt and 18,190 yuan/mt before closing at 18,175 yuan/mt, up 70 yuan/mt or 0.39%. LME aluminium opened at $2,208/mt on Wednesday, with its high and low at $2,233/mt and $2,208/mt respectively before closing at $2,213/mt, up $7.5/mt or 0.34%. On the macro front, the Bank of Canada unexpectedly raised interest rates by 25 basis points last night, raising market expectations for the US Fed’s rate hike in June. The market is waiting for next week’s U.S. May inflation data and the Fed’s interest rate decision. On fundamentals, Hydropower generation in Yunnan has gradually improved recently. SMM predicts that a small amount of aluminium capacity may be resumed in the province in late June. In addition, 200,000 mt of aluminium capacity will be resumed in Guizhou and Sichuan. On the demand side, downstream consumption has gradually entered the off-season. However, due to the high proportion of molten aluminium output at smelters, aluminium ingot social inventories continue to drop. Inventory decline may slow down as more cargoes arrive. Short-term aluminium prices are expected to remain rangebound.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Tragedy of Electric Car Catching Fire Immediately After Collision In China’s Hangzhou City Renews Concerns Over Safety Of Nickel-Manganese-Cobalt (NMC 811) BatteryOil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelTightening Crackdowns Threaten To Tighten Iron Ore Supply In ChinaANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySMM Morning Comments (Jun 1): Base Metals Closed Mostly with Losses, US Fed Sends Hawkish SignalsFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
YES
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YES
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Aluminium Prices Closed With Gains, Expectations For US Interest Hike Grow After Unexpected Rate Hike By The Bank Of CanadaSHANGHAI, Jun 8 (SMM) – The most-traded SHFE 2307 aluminium contract opened at 18,130 yuan/mt overnight, with its low and high at 18,080 yuan/mt and 18,190 yuan/mt before closing at 18,175 yuan/mt, up 70 yuan/mt or 0.39%. LME aluminium opened at $2,208/mt on Wednesday, with its high and low at $2,233/mt and $2,208/mt respectively before closing at $2,213/mt, up $7.5/mt or 0.34%. On the macro front, the Bank of Canada unexpectedly raised interest rates by 25 basis points last night, raising market expectations for the US Fed’s rate hike in June. The market is waiting for next week’s U.S. May inflation data and the Fed’s interest rate decision. On fundamentals, Hydropower generation in Yunnan has gradually improved recently. SMM predicts that a small amount of aluminium capacity may be resumed in the province in late June. In addition, 200,000 mt of aluminium capacity will be resumed in Guizhou and Sichuan. On the demand side, downstream consumption has gradually entered the off-season. However, due to the high proportion of molten aluminium output at smelters, aluminium ingot social inventories continue to drop. Inventory decline may slow down as more cargoes arrive. Short-term aluminium prices are expected to remain rangebound.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Tragedy of Electric Car Catching Fire Immediately After Collision In China’s Hangzhou City Renews Concerns Over Safety Of Nickel-Manganese-Cobalt (NMC 811) BatteryOil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelTightening Crackdowns Threaten To Tighten Iron Ore Supply In ChinaANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySMM Morning Comments (Jun 1): Base Metals Closed Mostly with Losses, US Fed Sends Hawkish SignalsFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Sunflower seeds: new challenges aheadChallenges ahead for new cropThe EU has opted to extend the import restrictions applying for the four Ukrainian agricultural products in Bulgaria, Slovakia and Poland along with Hungary and Romania until 15 September. Transits, however, remain possible and the restrictions will be eased step by step. According to the Ministry of Agrarian Policy and Food of Ukraine shipments of durum wheat, hybrid corn and seeds for sowing are already exempt from these restrictions.As shipments over the Black Sea have become difficult the EU is an important partner for Ukra
### Response:
YES
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YES
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Sunflower seeds: new challenges aheadChallenges ahead for new cropThe EU has opted to extend the import restrictions applying for the four Ukrainian agricultural products in Bulgaria, Slovakia and Poland along with Hungary and Romania until 15 September. Transits, however, remain possible and the restrictions will be eased step by step. According to the Ministry of Agrarian Policy and Food of Ukraine shipments of durum wheat, hybrid corn and seeds for sowing are already exempt from these restrictions.As shipments over the Black Sea have become difficult the EU is an important partner for Ukra
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
COMMODITIES LIVE : Aluminium prices act firm as LME stocks fall to a four-month low
### Response:
NO
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NO
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COMMODITIES LIVE : Aluminium prices act firm as LME stocks fall to a four-month low
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Chemical stocks get cold feet on price slump in global marketsEarnings of chemical block during the Q4 were under severe pressure for most companies exposed to cyclical end-uses. A flood of Chinese products has sent chemical prices in the international market tumbling, analysts tracking the sector have said. In May, chemicals like acetic acid, acrylic acid, acrylonitrile, ethanol, ethyl acetate, methanol, and vinyl acetate monomer (VAM) sank to their lowest prices since 2021. According to the channel check, the sharpest month-on-month (MoM) fall was seen in soda ash (China), acrylic acid and methanol, with prices falling 11.4 percent, 8.6 percent, and 8.5 percent, respectively. “China chemical commodities’ ingress in the global arena due to low domestic demand coupled with subdued demand in Europe and declining crude prices (about 10 percent MoM) exerted severe pricing pressure across the board,” Centrum Broking senior vice president Rohit Nagraj said. Prices of petchems, building blocks, and polymers, too, corrected in May. The fall in polymer prices remained relatively lower than that of petchems, he said. Related stories Morning Scan: All the big stories to get you started for the day Enhancing Shareholder Value: Startups should plan their transfer pricing policies well A fall in prices spells bad news for the industry that is already reeling under a demand slowdown. Earnings of chemical block in the fourth quarter were under severe pressure for most of the companies exposed to cyclical end-uses. Companies involved in production of commodity chemicals were hit particularly hard, with perhaps the sole exception being the soda ash segment, where prices have risen sharply in the past two years but are now correcting, Kotak Institutional Equities said.Soda ash is used in metals, paper and food industries among others Kotak analysts said that given the headwinds, the outlook for the next couple of quarters is weak. Inventory destocking by customers and weak demand from certain end-uses are expected to linger on through most of H1FY24. “China’s reopening post-Covid has disappointed, and the resultant weakness in demand in that country, combined with overcapacity across a broad swathe of products, is leading to a spurt in exports and therefore severe pressure on product prices,” Kotak said. The brokerage house believes only those chemical companies that are in contract manufacturing and are playing with the import substitution theme are likely to shine. These include SRF, Navin Fluorine, Aether, Anupam Rasayan, Ami Organics, Deepak Nitrite, Neogen, Clean Science and Vinati Organics. . Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. Read More
### Response:
YES
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YES
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Chemical stocks get cold feet on price slump in global marketsEarnings of chemical block during the Q4 were under severe pressure for most companies exposed to cyclical end-uses. A flood of Chinese products has sent chemical prices in the international market tumbling, analysts tracking the sector have said. In May, chemicals like acetic acid, acrylic acid, acrylonitrile, ethanol, ethyl acetate, methanol, and vinyl acetate monomer (VAM) sank to their lowest prices since 2021. According to the channel check, the sharpest month-on-month (MoM) fall was seen in soda ash (China), acrylic acid and methanol, with prices falling 11.4 percent, 8.6 percent, and 8.5 percent, respectively. “China chemical commodities’ ingress in the global arena due to low domestic demand coupled with subdued demand in Europe and declining crude prices (about 10 percent MoM) exerted severe pricing pressure across the board,” Centrum Broking senior vice president Rohit Nagraj said. Prices of petchems, building blocks, and polymers, too, corrected in May. The fall in polymer prices remained relatively lower than that of petchems, he said. Related stories Morning Scan: All the big stories to get you started for the day Enhancing Shareholder Value: Startups should plan their transfer pricing policies well A fall in prices spells bad news for the industry that is already reeling under a demand slowdown. Earnings of chemical block in the fourth quarter were under severe pressure for most of the companies exposed to cyclical end-uses. Companies involved in production of commodity chemicals were hit particularly hard, with perhaps the sole exception being the soda ash segment, where prices have risen sharply in the past two years but are now correcting, Kotak Institutional Equities said.Soda ash is used in metals, paper and food industries among others Kotak analysts said that given the headwinds, the outlook for the next couple of quarters is weak. Inventory destocking by customers and weak demand from certain end-uses are expected to linger on through most of H1FY24. “China’s reopening post-Covid has disappointed, and the resultant weakness in demand in that country, combined with overcapacity across a broad swathe of products, is leading to a spurt in exports and therefore severe pressure on product prices,” Kotak said. The brokerage house believes only those chemical companies that are in contract manufacturing and are playing with the import substitution theme are likely to shine. These include SRF, Navin Fluorine, Aether, Anupam Rasayan, Ami Organics, Deepak Nitrite, Neogen, Clean Science and Vinati Organics. . Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. Read More
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Natural gas prices in Europe, US edge up amid supply issues and rising demandUS gas futures gained 1 percent on June 6. Natural gas prices in Europe and the US have risen recently after declining for several months on muted demand. US gas futures gained 1 percent on June 6 while European gas futures jumped in the week starting June 5. The uptick in prices has been fueled by supply issues in Europe and steady demand growth the US caused by hotter temperatures, analysts said. “Some LNG (liquefied natural gas) terminals in Europe have been shut down and gas pipeline in Turkey also closed which has led to supply-side issues; and therefore the price rise,” said Suman Chowdhury, Chief Economist and Head of Research, Acuite Ratings & Research. Prices increased in the US because of a slight increase in LNG demand. “LNG shipments from US go to some countries in Asia including India. Demand is energising in some countries in Asia. In India, power demand is on the higher side because of the summer season, which impacts the LNG demand as well,” Chowdhury added. Related stories Will natural gas give the phenomenal returns it did ahead of the 2022 winter? GAIL pipeline monetisation plan dropped; hunt on for long-term gas supply pact: CMD GAIL (India) has initiated arbitration against former Gazprom unit for supply disruptions: CMD More broadly, international LNG prices have eased in 2023 amid milder-than-expected winters in Europe and muted energy demand because of inflation and recession fears. European natural gas benchmark Dutch TTF was trading around 77 euros in January 2023 after touching an all-time high of 350 Euros per megawatt hour (MWh) in August 2022. Analysts said that despite the slight increase in prices recently, natural gas prices are expected to remain muted in the medium term. “Even with the slight increase, natural gas prices continue to remain lower than the last year’s prices. The recent in prices is seasonal and mostly witnessed during June-July, the summer season,” said Hitesh Jain, Lead Analyst, Yes Securities. “Prices are expected to remain muted due to decline in demand.” Impact on India India is quite vulnerable to LNG prices as the country is dependent on imports for 50 percent of its natural gas requirements. The decline in prices in 2023 have proven to be a relief for India gas players including gas importers such as GAIL (India) and city gas distribution companies such as Indraprastha Gas Limited and Mahanagar Gas Limited (MGL). Indian gas companies expect to benefit from lower natural gas prices; their performance was impacted in FY23 from record-high prices. In 2022-23, India’s natural gas consumption declined by around 6 percent on account of high international gas prices. Imports of LNG also fell in the year to 26,647 mmscd (million metric standard cubic metre) from 31,028 mmscd. Read More
### Response:
YES
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YES
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Natural gas prices in Europe, US edge up amid supply issues and rising demandUS gas futures gained 1 percent on June 6. Natural gas prices in Europe and the US have risen recently after declining for several months on muted demand. US gas futures gained 1 percent on June 6 while European gas futures jumped in the week starting June 5. The uptick in prices has been fueled by supply issues in Europe and steady demand growth the US caused by hotter temperatures, analysts said. “Some LNG (liquefied natural gas) terminals in Europe have been shut down and gas pipeline in Turkey also closed which has led to supply-side issues; and therefore the price rise,” said Suman Chowdhury, Chief Economist and Head of Research, Acuite Ratings & Research. Prices increased in the US because of a slight increase in LNG demand. “LNG shipments from US go to some countries in Asia including India. Demand is energising in some countries in Asia. In India, power demand is on the higher side because of the summer season, which impacts the LNG demand as well,” Chowdhury added. Related stories Will natural gas give the phenomenal returns it did ahead of the 2022 winter? GAIL pipeline monetisation plan dropped; hunt on for long-term gas supply pact: CMD GAIL (India) has initiated arbitration against former Gazprom unit for supply disruptions: CMD More broadly, international LNG prices have eased in 2023 amid milder-than-expected winters in Europe and muted energy demand because of inflation and recession fears. European natural gas benchmark Dutch TTF was trading around 77 euros in January 2023 after touching an all-time high of 350 Euros per megawatt hour (MWh) in August 2022. Analysts said that despite the slight increase in prices recently, natural gas prices are expected to remain muted in the medium term. “Even with the slight increase, natural gas prices continue to remain lower than the last year’s prices. The recent in prices is seasonal and mostly witnessed during June-July, the summer season,” said Hitesh Jain, Lead Analyst, Yes Securities. “Prices are expected to remain muted due to decline in demand.” Impact on India India is quite vulnerable to LNG prices as the country is dependent on imports for 50 percent of its natural gas requirements. The decline in prices in 2023 have proven to be a relief for India gas players including gas importers such as GAIL (India) and city gas distribution companies such as Indraprastha Gas Limited and Mahanagar Gas Limited (MGL). Indian gas companies expect to benefit from lower natural gas prices; their performance was impacted in FY23 from record-high prices. In 2022-23, India’s natural gas consumption declined by around 6 percent on account of high international gas prices. Imports of LNG also fell in the year to 26,647 mmscd (million metric standard cubic metre) from 31,028 mmscd. Read More
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Govt plans to stop 107 MT of coal imports by FY 2025: Pralhad JoshiCoal imports After 2-3 years of prioritising coal imports along with ramping up domestic production, once again, India plans to reduce the import of coal. Union Minister for Coal and Mines Pralhad Joshi on June 7 said the government plans to stop 107 million tonnes (MT) of substitutable coal imports by FY 2025. 'India is now importing 238 MT of coal every year, of which 107 MT is substitutable coal. The rest of the 238 MT is metallurgical coal. I am quite confident, this situation will change next year (FY25) and imports of 107 MT of coal will be stopped. This will be possible since in the current financial year, India's domestic coal production is going to hit a record high of 1 billion tonnes,' Joshi said in an interaction with reporters on June 7. Amrit Lal Meena, Secretary, Ministry of Mines, said that the 107 MT of imported coal is used in India's non-regulated sector, which does not include domestic coal-based power plants. Also read: MC Interview | Don't expect shortage of coal, imports will continue to increase: Coal Secretary Related stories Union Cabinet approves continuation of its ‘Exploration of Coal and Lignite Scheme’ Coal India to witness inflows as FTSE increases free float PowerWatch | India's power demand surges to 214 GW amid hot weather 'Earlier we had planned to end imports of substitutable coal by 2023-24. But the economy has picked up very fast because of which India's power demand grew by as much as 14 percent. It was unprecedented which is why imports were brought back in focus,' the minister said. India produced 893 MT of coal in 2022-23, which is an increase of 55 percent from 2013-14 when domestic coal production was 572 MT. Fresh round of coal block auctions will take longer The minister also hinted that a fresh round of coal block auctions is likely to take some time as all the explored or identified mines have been exhausted in the seven tranches of auctions announced so far. “After the 106 mines that will be auctioned in the seventh round, we will not have any more blocks available for auction. Therefore, the approval of the Cabinet for the extension of the Central coal and lignite exploration scheme is significant. This Cabinet approval worth almost Rs 3,000 crore will help us identify new blocks, which will then be auctioned,” the Union minister said. Rs 6,000 crore VGF for coal gasification Joshi said the government will provide Rs 6,000 crore worth of viability gap funding (VGF) for coal gasification projects. This will be in addition to the plan of providing GST refunds, which Meena said is in the final stage of formalisation. The Union minister told Moneycontrol that the VGF will be provided to two projects of any public sector undertakings (PSUs), four projects from the private sector and five projects on a pilot basis. Also read: MC Exclusive | GST refund, capital subsidy, assured coal availability to promote gasification: Coal Secy
### Response:
YES
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YES
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Govt plans to stop 107 MT of coal imports by FY 2025: Pralhad JoshiCoal imports After 2-3 years of prioritising coal imports along with ramping up domestic production, once again, India plans to reduce the import of coal. Union Minister for Coal and Mines Pralhad Joshi on June 7 said the government plans to stop 107 million tonnes (MT) of substitutable coal imports by FY 2025. 'India is now importing 238 MT of coal every year, of which 107 MT is substitutable coal. The rest of the 238 MT is metallurgical coal. I am quite confident, this situation will change next year (FY25) and imports of 107 MT of coal will be stopped. This will be possible since in the current financial year, India's domestic coal production is going to hit a record high of 1 billion tonnes,' Joshi said in an interaction with reporters on June 7. Amrit Lal Meena, Secretary, Ministry of Mines, said that the 107 MT of imported coal is used in India's non-regulated sector, which does not include domestic coal-based power plants. Also read: MC Interview | Don't expect shortage of coal, imports will continue to increase: Coal Secretary Related stories Union Cabinet approves continuation of its ‘Exploration of Coal and Lignite Scheme’ Coal India to witness inflows as FTSE increases free float PowerWatch | India's power demand surges to 214 GW amid hot weather 'Earlier we had planned to end imports of substitutable coal by 2023-24. But the economy has picked up very fast because of which India's power demand grew by as much as 14 percent. It was unprecedented which is why imports were brought back in focus,' the minister said. India produced 893 MT of coal in 2022-23, which is an increase of 55 percent from 2013-14 when domestic coal production was 572 MT. Fresh round of coal block auctions will take longer The minister also hinted that a fresh round of coal block auctions is likely to take some time as all the explored or identified mines have been exhausted in the seven tranches of auctions announced so far. “After the 106 mines that will be auctioned in the seventh round, we will not have any more blocks available for auction. Therefore, the approval of the Cabinet for the extension of the Central coal and lignite exploration scheme is significant. This Cabinet approval worth almost Rs 3,000 crore will help us identify new blocks, which will then be auctioned,” the Union minister said. Rs 6,000 crore VGF for coal gasification Joshi said the government will provide Rs 6,000 crore worth of viability gap funding (VGF) for coal gasification projects. This will be in addition to the plan of providing GST refunds, which Meena said is in the final stage of formalisation. The Union minister told Moneycontrol that the VGF will be provided to two projects of any public sector undertakings (PSUs), four projects from the private sector and five projects on a pilot basis. Also read: MC Exclusive | GST refund, capital subsidy, assured coal availability to promote gasification: Coal Secy
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Commodity Trade: Coriander sees higher-highs and higher-lows formation in a lower timeframecoriander
### Response:
NO
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NO
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Commodity Trade: Coriander sees higher-highs and higher-lows formation in a lower timeframecoriander
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Agriculture Dept Launches Intensive Drive for Direct Seeded Rice in Amritsar DistrictAgriculture Dept Launches Intensive Drive for Direct Seeded Rice in Amritsar District (Photo Source: Pixabay) Under the guidance of Director Agriculture Dr Gurvinder Singh Khalsa and Chief Agriculture Officer Jatinder Singh Gill, the agriculture extension staff has been actively engaging with farmers to promote the adoption of direct seeding of rice (DSR) technique. Extension Officer Prabhdeep Singh Gill recently visited various villages in the district, urging farmers to embrace DSR for rice cultivation. By implementing the DSR technique, farmers can potentially conserve 15 to 20 percent of water, contributing to a recharge of 10 to 12 percent of underground water reserves. Additionally, this method helps in reducing labor costs and mitigates the risk of crop diseases. The adoption of DSR enables farmers to manage straw effectively in the fields and facilitates the timely preparation of the land for subsequent crops. In the previous year, many farmers successfully practiced direct seeding of rice, yielding substantial water savings and reducing overall expenditure. Building upon this success, Extension Officer Prabhdeep Singh Gill announced that the Punjab Government would provide financial assistance of Rs 1,500 to farmers who adopt the DSR technique. Related Links Punjab Agriculture Dept Planning to Sow Millets on 5000 acres The Agriculture Department in Punjab has decided to increase the area under millets from 2,500 acres to 5,000 acres as… <iframe id='google_ads_frame1'> However, it is important for farmers to note that DSR is most suitable for medium-to-heavy soils, and caution should be exercised to avoid using this technique in poor soil conditions. Gill emphasized the significance of dedicating at least one-third of their land to DSR to help maintain groundwater levels and prevent further depletion. He also stressed the importance of employing appropriate spraying techniques to effectively control weeds, advising farmers to conduct weedicide spraying in the evening for optimal results. The event witnessed the presence of Sub-Inspector Sandeep Singh, along with several officers, employees, and farmers who expressed their support for the initiative. With the government's financial assistance and the cooperation of farmers, this technique has the potential to revolutionize rice cultivation in the region, leading to a more prosperous and environmentally conscious agricultural sector. First published on: 07 Jun 2023, 11:42 IST
### Response:
YES
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YES
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Agriculture Dept Launches Intensive Drive for Direct Seeded Rice in Amritsar DistrictAgriculture Dept Launches Intensive Drive for Direct Seeded Rice in Amritsar District (Photo Source: Pixabay) Under the guidance of Director Agriculture Dr Gurvinder Singh Khalsa and Chief Agriculture Officer Jatinder Singh Gill, the agriculture extension staff has been actively engaging with farmers to promote the adoption of direct seeding of rice (DSR) technique. Extension Officer Prabhdeep Singh Gill recently visited various villages in the district, urging farmers to embrace DSR for rice cultivation. By implementing the DSR technique, farmers can potentially conserve 15 to 20 percent of water, contributing to a recharge of 10 to 12 percent of underground water reserves. Additionally, this method helps in reducing labor costs and mitigates the risk of crop diseases. The adoption of DSR enables farmers to manage straw effectively in the fields and facilitates the timely preparation of the land for subsequent crops. In the previous year, many farmers successfully practiced direct seeding of rice, yielding substantial water savings and reducing overall expenditure. Building upon this success, Extension Officer Prabhdeep Singh Gill announced that the Punjab Government would provide financial assistance of Rs 1,500 to farmers who adopt the DSR technique. Related Links Punjab Agriculture Dept Planning to Sow Millets on 5000 acres The Agriculture Department in Punjab has decided to increase the area under millets from 2,500 acres to 5,000 acres as… <iframe id='google_ads_frame1'> However, it is important for farmers to note that DSR is most suitable for medium-to-heavy soils, and caution should be exercised to avoid using this technique in poor soil conditions. Gill emphasized the significance of dedicating at least one-third of their land to DSR to help maintain groundwater levels and prevent further depletion. He also stressed the importance of employing appropriate spraying techniques to effectively control weeds, advising farmers to conduct weedicide spraying in the evening for optimal results. The event witnessed the presence of Sub-Inspector Sandeep Singh, along with several officers, employees, and farmers who expressed their support for the initiative. With the government's financial assistance and the cooperation of farmers, this technique has the potential to revolutionize rice cultivation in the region, leading to a more prosperous and environmentally conscious agricultural sector. First published on: 07 Jun 2023, 11:42 IST
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Govt Lifts Quantitative Limit on Tur, Urad & Masur Procurement under MSP OperationGovt Lifts Quantitative Limit on Tur, Urad & Masur Procurement under MSP Operation (Photo Source: Pixabay) In a move to encourage farmers and increase production, the committee of secretaries has approved the removal of quantitative limits on the procurement of tur (pigeon peas), urad (black gram), and masur (lentil) under the Price Support Scheme (PSS) for the year 2023-24. The decision, made by the Centre, aims to signal farmers to expand their cultivation areas and enhance the production of these pulses. The Consumer Affairs Ministry announced that the government is removing the ceiling for procurement of tur, urad, and masur under PSS for 2023-24, and farmers are now free to sell any amount of their produce this year. The ministry stated that this policy change is aimed at boosting domestic production and is expected to encourage farmers to sow more tur and urad during the current kharif season and increase the production of masur during the rabi season. The proposal to remove the quantitative limit on pulse procurement under the PSS scheme was put forward by the Ministry of Agriculture, which manages the scheme, and was approved by the committee of secretaries, headed by the Cabinet Secretary. The government is highly concerned about the production of pulses as any decline in production could lead to price inflation. Under the Price Support Scheme, the government purchases a maximum of 25 percent of the production of pulses and oilseeds from farmers at their minimum support prices (MSPs) when the mandi rates fall below these benchmark prices. However, if states request, the ceiling can be enhanced to 40 percent. Related Links MSP for Kharif crops to be announced next week Prime Minister in his announcement on Friday said that farmers demand for the increase in MSP will be announced next… <iframe id='google_ads_frame1'> In addition to the removal of the quantitative limit on procurement, the Centre has also imposed stock limits until October 31 for tur dal and urad dal. Wholesalers, retailers, big chain retailers, millers, and importers are prohibited from keeping these pulses beyond the specified limit. According to the new stock limit regulations, wholesalers are allowed to stock up to 200 tonnes of each pulse, while retailers are limited to 5 tonnes. Each retail outlet is also restricted to 5 tonnes, and big chain retailers can store up to 200 tonnes at their depot. Millers, on the other hand, have a limit equivalent to the last three months of production or 25 percent of their annual installed capacity, whichever is higher. Importers are required to dispose of imported stock within 30 days of Customs clearance. The Consumer Affairs Ministry stated that the Indian government had issued the order in order to prevent hoarding and unscrupulous speculation, and also to improve affordability for consumers regarding tur dal and urad dal. To ensure the strict enforcement of stock limits, the Department of Consumer Affairs has directed state governments to monitor prices and the stock position by verifying with various warehouse operators. The Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs) have been instructed to provide details regarding the quantity of tur and urad stored in their warehouses. First published on: 07 Jun 2023, 11:49 IST
### Response:
YES
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YES
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Govt Lifts Quantitative Limit on Tur, Urad & Masur Procurement under MSP OperationGovt Lifts Quantitative Limit on Tur, Urad & Masur Procurement under MSP Operation (Photo Source: Pixabay) In a move to encourage farmers and increase production, the committee of secretaries has approved the removal of quantitative limits on the procurement of tur (pigeon peas), urad (black gram), and masur (lentil) under the Price Support Scheme (PSS) for the year 2023-24. The decision, made by the Centre, aims to signal farmers to expand their cultivation areas and enhance the production of these pulses. The Consumer Affairs Ministry announced that the government is removing the ceiling for procurement of tur, urad, and masur under PSS for 2023-24, and farmers are now free to sell any amount of their produce this year. The ministry stated that this policy change is aimed at boosting domestic production and is expected to encourage farmers to sow more tur and urad during the current kharif season and increase the production of masur during the rabi season. The proposal to remove the quantitative limit on pulse procurement under the PSS scheme was put forward by the Ministry of Agriculture, which manages the scheme, and was approved by the committee of secretaries, headed by the Cabinet Secretary. The government is highly concerned about the production of pulses as any decline in production could lead to price inflation. Under the Price Support Scheme, the government purchases a maximum of 25 percent of the production of pulses and oilseeds from farmers at their minimum support prices (MSPs) when the mandi rates fall below these benchmark prices. However, if states request, the ceiling can be enhanced to 40 percent. Related Links MSP for Kharif crops to be announced next week Prime Minister in his announcement on Friday said that farmers demand for the increase in MSP will be announced next… <iframe id='google_ads_frame1'> In addition to the removal of the quantitative limit on procurement, the Centre has also imposed stock limits until October 31 for tur dal and urad dal. Wholesalers, retailers, big chain retailers, millers, and importers are prohibited from keeping these pulses beyond the specified limit. According to the new stock limit regulations, wholesalers are allowed to stock up to 200 tonnes of each pulse, while retailers are limited to 5 tonnes. Each retail outlet is also restricted to 5 tonnes, and big chain retailers can store up to 200 tonnes at their depot. Millers, on the other hand, have a limit equivalent to the last three months of production or 25 percent of their annual installed capacity, whichever is higher. Importers are required to dispose of imported stock within 30 days of Customs clearance. The Consumer Affairs Ministry stated that the Indian government had issued the order in order to prevent hoarding and unscrupulous speculation, and also to improve affordability for consumers regarding tur dal and urad dal. To ensure the strict enforcement of stock limits, the Department of Consumer Affairs has directed state governments to monitor prices and the stock position by verifying with various warehouse operators. The Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs) have been instructed to provide details regarding the quantity of tur and urad stored in their warehouses. First published on: 07 Jun 2023, 11:49 IST
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
PC yarn prices firm up in India; poly spun & viscose stable
### Response:
YES
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YES
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PC yarn prices firm up in India; poly spun & viscose stable
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Indian farmers to earn more as govt raises cotton MSP by 10 per centThe Indian government has announced an increase in the minimum support price (MSP) for unginned cotton (Kapas), potentially boosting earnings for Indian farmers. The decision, made by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, entails a raise of up to 10 per cent for the forthcoming Kharif Marketing Season of 2023-24, which commences from October 1, 2023. The MSP has been hiked by 8.9 per cent to ₹6,620 per quintal ($80.24/100 kg) for medium staple cotton. The MSP for long staple fibre has been increased by 10 per cent to ₹7,020 per quintal ($85.09/100 kg), the ministry of agriculture and farmers welfare said in a press release. The Indian government has increased the MSP for unginned cotton by up to 10 per cent for the 2023-24 season. The decision may also counter high market prices that have hindered cotton purchases by the Cotton Corporation of India (CCI). With this increase, the CCI could potentially procure more cotton next season if market prices align with the new MSP. The market dynamics could also be a contributing factor to this increase. High cotton prices in the open market during the current season have meant that the Cotton Corporation of India (CCI), the government's cotton procurement company, has not been able to buy the natural fibre in significant quantities. At present, the cost of unginned cotton ranges between ₹7,200-7,500 per quintal. With the new, higher MSP, the CCI is expected to procure more cotton in the next season, provided market prices ease with the arrival of new stock and align with the increased MSP. Fibre2Fashion News Desk (KUL)
### Response:
YES
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YES
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Indian farmers to earn more as govt raises cotton MSP by 10 per centThe Indian government has announced an increase in the minimum support price (MSP) for unginned cotton (Kapas), potentially boosting earnings for Indian farmers. The decision, made by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, entails a raise of up to 10 per cent for the forthcoming Kharif Marketing Season of 2023-24, which commences from October 1, 2023. The MSP has been hiked by 8.9 per cent to ₹6,620 per quintal ($80.24/100 kg) for medium staple cotton. The MSP for long staple fibre has been increased by 10 per cent to ₹7,020 per quintal ($85.09/100 kg), the ministry of agriculture and farmers welfare said in a press release. The Indian government has increased the MSP for unginned cotton by up to 10 per cent for the 2023-24 season. The decision may also counter high market prices that have hindered cotton purchases by the Cotton Corporation of India (CCI). With this increase, the CCI could potentially procure more cotton next season if market prices align with the new MSP. The market dynamics could also be a contributing factor to this increase. High cotton prices in the open market during the current season have meant that the Cotton Corporation of India (CCI), the government's cotton procurement company, has not been able to buy the natural fibre in significant quantities. At present, the cost of unginned cotton ranges between ₹7,200-7,500 per quintal. With the new, higher MSP, the CCI is expected to procure more cotton in the next season, provided market prices ease with the arrival of new stock and align with the increased MSP. Fibre2Fashion News Desk (KUL)
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Farmers demand 100 per cent cane paymentShamli: Sugarcane farmers under the banner of BKU Mazdoor united union met the district cane officer, secretary of cane samiti and GM of the sugar mill and reiterated their demand of clearing pending cane dues at the earliest, reports Amarujala. They said that the Shamli sugar mill has so far cleared only 12 per cent of cane dues to the farmers and the mill should take steps to make full cane payment at the earliest. Shamli mill owes Rs 307 crore while Thanabhavan mill owes Rs 352 crore and Unn mill owes Rs 203 crore to the farmers. Farmers have decided to organise a Mahapanchayat on Wednesday at the gates of the Shamli sugar mill. Farmers’ leader Vinod Nirwal said that the farmers would start an agitation for demanding pending cane dues and they will force the administration to ensure that the mills clear pending cane dues at the earliest.
### Response:
YES
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YES
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Farmers demand 100 per cent cane paymentShamli: Sugarcane farmers under the banner of BKU Mazdoor united union met the district cane officer, secretary of cane samiti and GM of the sugar mill and reiterated their demand of clearing pending cane dues at the earliest, reports Amarujala. They said that the Shamli sugar mill has so far cleared only 12 per cent of cane dues to the farmers and the mill should take steps to make full cane payment at the earliest. Shamli mill owes Rs 307 crore while Thanabhavan mill owes Rs 352 crore and Unn mill owes Rs 203 crore to the farmers. Farmers have decided to organise a Mahapanchayat on Wednesday at the gates of the Shamli sugar mill. Farmers’ leader Vinod Nirwal said that the farmers would start an agitation for demanding pending cane dues and they will force the administration to ensure that the mills clear pending cane dues at the earliest.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Himachal Pradesh: Ethanol plant at Una to create employmentHindustan Petroleum Corporation Limited (HPCL) has received the green signal from the Central government to set up an ethanol plant in the Una district by investing Rs 500 crore, reports Thenewshimachal. The plant is expected to generate direct and indirect employment for around 300 individuals and would boost the life of farmers and residents in Kangra, Hamirpur, Bilaspur and neighbouring parts of the state. The plant is expected to generate an annual income of around Rs 20 to Rs 25 crore and would help in increasing the revenue of the state. The state government has supported the drive to increase ethanol production by pledging to invest 50% equity in the ethanol plant. The district administration has been asked to speed up the land acquisition process for the approach road from Bhanjal to help the company construct the plant smoothly.
### Response:
YES
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YES
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Himachal Pradesh: Ethanol plant at Una to create employmentHindustan Petroleum Corporation Limited (HPCL) has received the green signal from the Central government to set up an ethanol plant in the Una district by investing Rs 500 crore, reports Thenewshimachal. The plant is expected to generate direct and indirect employment for around 300 individuals and would boost the life of farmers and residents in Kangra, Hamirpur, Bilaspur and neighbouring parts of the state. The plant is expected to generate an annual income of around Rs 20 to Rs 25 crore and would help in increasing the revenue of the state. The state government has supported the drive to increase ethanol production by pledging to invest 50% equity in the ethanol plant. The district administration has been asked to speed up the land acquisition process for the approach road from Bhanjal to help the company construct the plant smoothly.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Stainless Steel Mills May Implement Production Cuts to Strengthen PricesEurope: As producers attempt to counteract price erosion in the face of weak demand, production reduction measures are anticipated to become increasingly prevalent. After buying activity slowed and prices dropped in the latter part of the first quarter, the world's crude Stainless-Steel production was projected to increase from the previous quarter by 800,000 tonnes, to 59 million tonnes. This would raise output by 6.8% above that of 2022.
### Response:
YES
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YES
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Stainless Steel Mills May Implement Production Cuts to Strengthen PricesEurope: As producers attempt to counteract price erosion in the face of weak demand, production reduction measures are anticipated to become increasingly prevalent. After buying activity slowed and prices dropped in the latter part of the first quarter, the world's crude Stainless-Steel production was projected to increase from the previous quarter by 800,000 tonnes, to 59 million tonnes. This would raise output by 6.8% above that of 2022.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
US Coal Demand Likely to Decline Due to Closure of Pennsylvania's Coal Plant in JulyThe Homer City Generating Station, the largest Coal-fired power plant in Pennsylvania (USA), has recently announced its retirement plans, sparking discussions about its future use and highlighting the ongoing debate over the state's transition to a green economy. The plant has been facing financial challenges for several years, operating at less than 50% capacity and dropping to around 20% capacity since 2022, according to the Sierra Club. It is now the fifth Coal-fired power plant in Pennsylvania to develop decommissioning plans by 2028.
### Response:
NO
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NO
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US Coal Demand Likely to Decline Due to Closure of Pennsylvania's Coal Plant in JulyThe Homer City Generating Station, the largest Coal-fired power plant in Pennsylvania (USA), has recently announced its retirement plans, sparking discussions about its future use and highlighting the ongoing debate over the state's transition to a green economy. The plant has been facing financial challenges for several years, operating at less than 50% capacity and dropping to around 20% capacity since 2022, according to the Sierra Club. It is now the fifth Coal-fired power plant in Pennsylvania to develop decommissioning plans by 2028.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Brazil's Crop Expansion at Risk as China's Soybean Demand DeclinesBrazil: Early this century, booming Chinese demand for Soybeans propelled considerable crop development across the Americas, but while Brazil's leading exporter's production is expected to increase even higher, Chinese import growth has slowed.
### Response:
YES
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YES
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Brazil's Crop Expansion at Risk as China's Soybean Demand DeclinesBrazil: Early this century, booming Chinese demand for Soybeans propelled considerable crop development across the Americas, but while Brazil's leading exporter's production is expected to increase even higher, Chinese import growth has slowed.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Cabinet approves increase in MSP for all mandated Kharif Crops for Marketing Season 2023-24The Cabinet Committee on Economic Affairs (CCEA) today approved an increase in Minimum Support Price, MSP, for all mandated Kharif Crops for Marketing Season 2023-24.
### Response:
NO
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NO
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Cabinet approves increase in MSP for all mandated Kharif Crops for Marketing Season 2023-24The Cabinet Committee on Economic Affairs (CCEA) today approved an increase in Minimum Support Price, MSP, for all mandated Kharif Crops for Marketing Season 2023-24.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Union Cabinet approves continuation of its ‘Exploration of Coal and Lignite Scheme’Exploration for coal and lignite is required to prove and estimate coal resources available in the country which helps in preparing detailed project report to start coal mining. The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, on June 7 approved the continuation of the Central sector scheme of “Exploration of Coal and Lignite” with an estimated expenditure of Rs. 2,980 crore from 2021-22 to 2025-26, the government said in a statement. Under this scheme, exploration for coal and lignite is conducted in two broad stages - promotional (regional) exploration; and detailed exploration in non-Coal India Limited (CIL) blocks. The approval will provide an outlay of Rs 1,650 crore for promotional (Regional) exploration and Rs 1,330 crore for detailed drilling in Non-CIL areas. Approximately, 1300 sq. km area will be covered under regional exploration and nearly 650 sq. km area will be covered under detailed exploration, read the government’s statement. Exploration for coal and lignite is required to prove and estimate coal resources available in the country which helps in preparing detailed project report to start coal mining. The geological reports prepared through these exploration is used for auctioning new coal blocks and the cost is thereafter recovered from successful allocatees. The expected expenditure of Rs 2,980 crore is co-terminus with the 15th Finance Commission cycle, the coal ministry said. “The approval of the Cabinet is significant because, after the seventh tranche of the coal auction, we will not have any new coal blocks left for further auctioning. So, this approval for extension of coal and lignite exploration scheme worth almost Rs 3,000 crore will help us identify new blocks,” Pralhad Joshi, Union minister for coal and mines. Related stories Coal India to witness inflows as FTSE increases free float PowerWatch | India's power demand surges to 214 GW amid hot weather Read More
### Response:
YES
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YES
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Union Cabinet approves continuation of its ‘Exploration of Coal and Lignite Scheme’Exploration for coal and lignite is required to prove and estimate coal resources available in the country which helps in preparing detailed project report to start coal mining. The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, on June 7 approved the continuation of the Central sector scheme of “Exploration of Coal and Lignite” with an estimated expenditure of Rs. 2,980 crore from 2021-22 to 2025-26, the government said in a statement. Under this scheme, exploration for coal and lignite is conducted in two broad stages - promotional (regional) exploration; and detailed exploration in non-Coal India Limited (CIL) blocks. The approval will provide an outlay of Rs 1,650 crore for promotional (Regional) exploration and Rs 1,330 crore for detailed drilling in Non-CIL areas. Approximately, 1300 sq. km area will be covered under regional exploration and nearly 650 sq. km area will be covered under detailed exploration, read the government’s statement. Exploration for coal and lignite is required to prove and estimate coal resources available in the country which helps in preparing detailed project report to start coal mining. The geological reports prepared through these exploration is used for auctioning new coal blocks and the cost is thereafter recovered from successful allocatees. The expected expenditure of Rs 2,980 crore is co-terminus with the 15th Finance Commission cycle, the coal ministry said. “The approval of the Cabinet is significant because, after the seventh tranche of the coal auction, we will not have any new coal blocks left for further auctioning. So, this approval for extension of coal and lignite exploration scheme worth almost Rs 3,000 crore will help us identify new blocks,” Pralhad Joshi, Union minister for coal and mines. Related stories Coal India to witness inflows as FTSE increases free float PowerWatch | India's power demand surges to 214 GW amid hot weather Read More
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Global gas prices could fall 50% on “resilient supply” - Citi“Supply is resilient: global oil and U.S. natural gas production is still climbing while remaining flat for global LNG,” Citi’s analysts said, referring to liquefied natural gas. “While oil prices could be range-bound between $72 and $90/bbl even with the latest Saudi production cut, global natural gas and coal prices have more downside,” they added. The Citi note said its base case for the third quarter was gas on the U.S. Henry Hub averaging $2.20 per million metric British thermal units; $3.80 on Dutch exchange TTF and $4.80 for the JKM marker for Japan and Korea.“For TTF and JKM, that would be ~50% below current forwards,” said Citi, projecting levels for the two that could match Henry Hub prices, which are already down nearly 50% on the year.
### Response:
YES
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YES
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Global gas prices could fall 50% on “resilient supply” - Citi“Supply is resilient: global oil and U.S. natural gas production is still climbing while remaining flat for global LNG,” Citi’s analysts said, referring to liquefied natural gas. “While oil prices could be range-bound between $72 and $90/bbl even with the latest Saudi production cut, global natural gas and coal prices have more downside,” they added. The Citi note said its base case for the third quarter was gas on the U.S. Henry Hub averaging $2.20 per million metric British thermal units; $3.80 on Dutch exchange TTF and $4.80 for the JKM marker for Japan and Korea.“For TTF and JKM, that would be ~50% below current forwards,” said Citi, projecting levels for the two that could match Henry Hub prices, which are already down nearly 50% on the year.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Seed companies retooling oilseeds to crack new marketsDeep within a suburban St. Louis warehouse, rows of ID-tagged soybean plants, bred using artificial intelligence, stretch toward precision-timed grow lights and sway as fans circulate a custom mix of carbon dioxide and humidity, reported Reuters. These soy varieties in Benson Hill's 47,000- square-foot 'crop accelerator' produce beans with exceptionally high protein to satisfy two competing demands: Supply the growing biofuels sector and expand the market for soy meal.'We're going to utilize the full genetic potential of the plant to produce things that are more meaningful and valuable,' said Matt Crisp, Benson Hill's co-founder and CEO.Seed and food technology companies like Benson Hill and larger player Corteva CTVA.N are urgently trying to change the nutritional profile of oilseeds to meet an anticipated surge in demand for soybean and canola oil to produce biofuels over the next five years.Finding new markets for meal, the less valuable oilseed product, is critical to encouraging U.S. and Canadian farmers to expand plantings, company executives and researchers said.Reuters made a rare visit to Benson Hill's research facility, and spoke to more than a dozen company executives, farmers and researchers, including those directly involved in developing the oilseed varieties, who said boosting protein content and digestibility was key to opening new markets, particularly for aquaculture.The federal government's US Energy Information Administration said in February that annual US renewable diesel production could more than double by 2025, reaching 5.9 billion gallons, driven in part by tax credits for renewable fuels under President Joe Biden's Inflation Reduction Act. In response, US soybean crushers are planning to expand capacity by 30% over three years, while Canadian canola crushing looks to jump 60%.'It's going to be a challenge for sure to move that much meal, soy and canola,' said Frank Hart, managing director of special projects for AGT Food and Ingredients, which is planning a Canadian canola-crushing plant. Without new markets he expects canola meal prices to fall about 14%.The industry hopes to jumpstart demand for soybean meal from European, South American and Asian salmon farms and US poultry operations.Benson Hill's ultra-high protein soybeans contain 45% to 50% protein, up from 36% to 39%. They are currently produced on just 0.2% of the 87.5 million US acres devoted to the crop.Benson Hill is expected to launch a genetically modified herbicide-tolerant variety in 2025, targeting US poultry and Chile's salmon farms, said Kyle Smith, director of grower innovation.Corteva, working with crusher Bunge, is developing soybeans with higher protein and amino acids for the poultry industry, while maintaining crop yields and oil content.Corteva and Bunge are also working on higher-protein canola. It's a difficult process. Reduce fibre too much and the seed won't hold together.'Is it easy? No,' said Tyler Groeneveld, Corteva's North America commercial grains and oils leader. Corteva aims to bring high-protein canola to market this decade, he said.Field to fish farmFor Iowa farmer Hans Riensche, Benson Hill's non-GMO ultra-high protein soybeans offer a chance to break into Europe's aquaculture market.'This is a way we can crack into it in a really big way,' Riensche said.Salmon and trout farms currently use only small amounts of regular soymeal because some naturally occurring carbohydrates irritate digestive tracts of the fish and slow growth. The new varieties are more digestible. Crisp said Benson Hill was partnering with European soy processor Denofa and U.S.-based Riverence Holdings to help scale up demand for soybeans tailored to aquaculture.Benson Hill has also struck deals with Kellogg's and Archer-Daniels-Midland to expand in human food ingredients for plant-based meats and dairy, and protein-enriched flour for baked goods, Crisp said.Alberta-based Botaneco is scaling up a canola product that is 75% protein and intended as feed for shrimp and salmon. It plans to build a C$300-million ($223.66 million) plant within three years to produce 100,000 tonnes of canola protein concentrate annually.Four aquaculture companies in Asia and Europe are testing Botaneco's canola protein concentrate, said Chief Operating Officer Dave Dzisiak.China's dairy industry is likely to absorb much of Canada's canola meal, said Brittany Wood, canola utilization director at Canola Council of Canada.'Long-term, there will be enough demand,' Wood said.($1 = 1.3413 Canadian dollars)
### Response:
NO
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NO
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Seed companies retooling oilseeds to crack new marketsDeep within a suburban St. Louis warehouse, rows of ID-tagged soybean plants, bred using artificial intelligence, stretch toward precision-timed grow lights and sway as fans circulate a custom mix of carbon dioxide and humidity, reported Reuters. These soy varieties in Benson Hill's 47,000- square-foot 'crop accelerator' produce beans with exceptionally high protein to satisfy two competing demands: Supply the growing biofuels sector and expand the market for soy meal.'We're going to utilize the full genetic potential of the plant to produce things that are more meaningful and valuable,' said Matt Crisp, Benson Hill's co-founder and CEO.Seed and food technology companies like Benson Hill and larger player Corteva CTVA.N are urgently trying to change the nutritional profile of oilseeds to meet an anticipated surge in demand for soybean and canola oil to produce biofuels over the next five years.Finding new markets for meal, the less valuable oilseed product, is critical to encouraging U.S. and Canadian farmers to expand plantings, company executives and researchers said.Reuters made a rare visit to Benson Hill's research facility, and spoke to more than a dozen company executives, farmers and researchers, including those directly involved in developing the oilseed varieties, who said boosting protein content and digestibility was key to opening new markets, particularly for aquaculture.The federal government's US Energy Information Administration said in February that annual US renewable diesel production could more than double by 2025, reaching 5.9 billion gallons, driven in part by tax credits for renewable fuels under President Joe Biden's Inflation Reduction Act. In response, US soybean crushers are planning to expand capacity by 30% over three years, while Canadian canola crushing looks to jump 60%.'It's going to be a challenge for sure to move that much meal, soy and canola,' said Frank Hart, managing director of special projects for AGT Food and Ingredients, which is planning a Canadian canola-crushing plant. Without new markets he expects canola meal prices to fall about 14%.The industry hopes to jumpstart demand for soybean meal from European, South American and Asian salmon farms and US poultry operations.Benson Hill's ultra-high protein soybeans contain 45% to 50% protein, up from 36% to 39%. They are currently produced on just 0.2% of the 87.5 million US acres devoted to the crop.Benson Hill is expected to launch a genetically modified herbicide-tolerant variety in 2025, targeting US poultry and Chile's salmon farms, said Kyle Smith, director of grower innovation.Corteva, working with crusher Bunge, is developing soybeans with higher protein and amino acids for the poultry industry, while maintaining crop yields and oil content.Corteva and Bunge are also working on higher-protein canola. It's a difficult process. Reduce fibre too much and the seed won't hold together.'Is it easy? No,' said Tyler Groeneveld, Corteva's North America commercial grains and oils leader. Corteva aims to bring high-protein canola to market this decade, he said.Field to fish farmFor Iowa farmer Hans Riensche, Benson Hill's non-GMO ultra-high protein soybeans offer a chance to break into Europe's aquaculture market.'This is a way we can crack into it in a really big way,' Riensche said.Salmon and trout farms currently use only small amounts of regular soymeal because some naturally occurring carbohydrates irritate digestive tracts of the fish and slow growth. The new varieties are more digestible. Crisp said Benson Hill was partnering with European soy processor Denofa and U.S.-based Riverence Holdings to help scale up demand for soybeans tailored to aquaculture.Benson Hill has also struck deals with Kellogg's and Archer-Daniels-Midland to expand in human food ingredients for plant-based meats and dairy, and protein-enriched flour for baked goods, Crisp said.Alberta-based Botaneco is scaling up a canola product that is 75% protein and intended as feed for shrimp and salmon. It plans to build a C$300-million ($223.66 million) plant within three years to produce 100,000 tonnes of canola protein concentrate annually.Four aquaculture companies in Asia and Europe are testing Botaneco's canola protein concentrate, said Chief Operating Officer Dave Dzisiak.China's dairy industry is likely to absorb much of Canada's canola meal, said Brittany Wood, canola utilization director at Canola Council of Canada.'Long-term, there will be enough demand,' Wood said.($1 = 1.3413 Canadian dollars)
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Ukraine says extension of EU grain import ban 'inappropriate' Ukraine's agricultural ministry considers it 'inappropriate' to extend restrictions on Ukrainian food imports to some European states until September 15, Reuters reported, citing the ministry on Wednesday.The European Commission said on Monday it was extending an arrangement whereby five of Ukraine's EU neighbours can restrict imports of Ukrainian grain and oilseeds.The EU on May 2 allowed the five countries - Bulgaria, Hungary, Poland, Romania and Slovakia - to ban domestic sales of Ukrainian wheat, maize, rapeseed and sunflower seeds while allowing transit through them for export elsewhere, including to other EU countries.'The Ministry of Agrarian Policy and Food of Ukraine considers it inappropriate to extend the European Commission's decision to restrict imports of Ukrainian agricultural products until 15 September 2023,' the ministry said in a statement, adding that it hopes it will not be extended afterwards.The EU liberalised all imports from Ukraine for an initial 12 months from June 2022 to help Kyiv's efforts to fend off Russia's invasion. Last month it agreed to extend the tariff suspension for a further year.But the five countries saw a huge rise in imports from Ukraine following the suspension of tariffs.Ukraine has experienced difficulties exporting through its Black Sea ports because of the war with Russia, increasing its reliance on routes through the eastern EU.
### Response:
NO
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NO
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Ukraine says extension of EU grain import ban 'inappropriate' Ukraine's agricultural ministry considers it 'inappropriate' to extend restrictions on Ukrainian food imports to some European states until September 15, Reuters reported, citing the ministry on Wednesday.The European Commission said on Monday it was extending an arrangement whereby five of Ukraine's EU neighbours can restrict imports of Ukrainian grain and oilseeds.The EU on May 2 allowed the five countries - Bulgaria, Hungary, Poland, Romania and Slovakia - to ban domestic sales of Ukrainian wheat, maize, rapeseed and sunflower seeds while allowing transit through them for export elsewhere, including to other EU countries.'The Ministry of Agrarian Policy and Food of Ukraine considers it inappropriate to extend the European Commission's decision to restrict imports of Ukrainian agricultural products until 15 September 2023,' the ministry said in a statement, adding that it hopes it will not be extended afterwards.The EU liberalised all imports from Ukraine for an initial 12 months from June 2022 to help Kyiv's efforts to fend off Russia's invasion. Last month it agreed to extend the tariff suspension for a further year.But the five countries saw a huge rise in imports from Ukraine following the suspension of tariffs.Ukraine has experienced difficulties exporting through its Black Sea ports because of the war with Russia, increasing its reliance on routes through the eastern EU.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Hong Kong bans imports of poultry products from regions in Chile, GermanyHong Kong's Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced the ban of poultry meat and products, including eggs, from regions in Chile and Germany today. The ban affects Melipilla Province of Santiago Metropolitan Region in Chile and the District of Regensburg of the State of Bayern in Germany.CFS cites the presence of highly pathogenic avian influenza and its possible impact on public health as the cause of the ban. A CFS spokesperson said Hong Kong has currently established a protocol with Chile for the import of poultry meat, but not for poultry eggs. According to the Census and Statistics Department, no poultry meat was imported into Hong Kong from Chile, and no poultry meat or eggs were imported into Hong Kong from Germany in the first three months of this year.'The CFS has contacted the Chilean and German authorities over the issues and will closely monitor information issued by the WOAH and the relevant authorities on the avian influenza outbreaks. Appropriate action will be taken in response to the development of the situation,' the spokesperson said.
### Response:
YES
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YES
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Hong Kong bans imports of poultry products from regions in Chile, GermanyHong Kong's Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced the ban of poultry meat and products, including eggs, from regions in Chile and Germany today. The ban affects Melipilla Province of Santiago Metropolitan Region in Chile and the District of Regensburg of the State of Bayern in Germany.CFS cites the presence of highly pathogenic avian influenza and its possible impact on public health as the cause of the ban. A CFS spokesperson said Hong Kong has currently established a protocol with Chile for the import of poultry meat, but not for poultry eggs. According to the Census and Statistics Department, no poultry meat was imported into Hong Kong from Chile, and no poultry meat or eggs were imported into Hong Kong from Germany in the first three months of this year.'The CFS has contacted the Chilean and German authorities over the issues and will closely monitor information issued by the WOAH and the relevant authorities on the avian influenza outbreaks. Appropriate action will be taken in response to the development of the situation,' the spokesperson said.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Seafood Exporters Association calls for enhanced quality standards for exportsSeafood exporters should prioritise and uphold the prescribed quality parameters for international trade, according to Jagdish Fofandi, President of the Seafood Exporters Association of India.Notably, India stands as the fourth largest seafood exporter globally and holds the distinction of being the leading exporter of shrimp to the US market. However, it is imperative to ensure that stringent food standards are not only met for international markets but also consistently delivered within the domestic market. “Safeguarding food quality is a shared responsibility in providing clean and healthy sustenance to consumers,” Fofandi said while inaugurating the national technical workshop on ‘Indian Perspective on Food Safety, Security and Standards’ by ICAR-Central Institute of Fisheries Technology (ICAR-CIFT), Kochi. The two-day national workshop is being held in association with the Society of Fisheries Technologists India (SOFTI), the Food Safety and Standards Authority of India (FSSAI), and the India Section of Association of Official Analytical Chemists (AOAC) International.Net-zero Waves: Decarbonising seafood industry for a sustainable tomorrowThe workshop will deliberate on three major sub-themes of food preservation, fortification and value addition, novel foods and neutraceuticals and, food safety, standards, and risk assessment. In addition, there will be a plenary session by industry thought leaders and a technical session from industry sponsors as part of the workshop.“This year’s theme is ‘Food Standards Save Lives’. Being a responsible stakeholder in the food safety research and regulation sector, ICAR-CIFT decided to reach more students, academics, regulators, food safety solution providers, and citizens through this two-day national workshop,” said George Ninan, Director, ICAR-CIFT, Kochi.Alex K Ninan, Regional President, Seafood Exporters Association of India, highlighted the measures being taken to implement biosecurity measures at food processing facilities to ensure food security to the highest standard. Comments
### Response:
YES
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YES
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Seafood Exporters Association calls for enhanced quality standards for exportsSeafood exporters should prioritise and uphold the prescribed quality parameters for international trade, according to Jagdish Fofandi, President of the Seafood Exporters Association of India.Notably, India stands as the fourth largest seafood exporter globally and holds the distinction of being the leading exporter of shrimp to the US market. However, it is imperative to ensure that stringent food standards are not only met for international markets but also consistently delivered within the domestic market. “Safeguarding food quality is a shared responsibility in providing clean and healthy sustenance to consumers,” Fofandi said while inaugurating the national technical workshop on ‘Indian Perspective on Food Safety, Security and Standards’ by ICAR-Central Institute of Fisheries Technology (ICAR-CIFT), Kochi. The two-day national workshop is being held in association with the Society of Fisheries Technologists India (SOFTI), the Food Safety and Standards Authority of India (FSSAI), and the India Section of Association of Official Analytical Chemists (AOAC) International.Net-zero Waves: Decarbonising seafood industry for a sustainable tomorrowThe workshop will deliberate on three major sub-themes of food preservation, fortification and value addition, novel foods and neutraceuticals and, food safety, standards, and risk assessment. In addition, there will be a plenary session by industry thought leaders and a technical session from industry sponsors as part of the workshop.“This year’s theme is ‘Food Standards Save Lives’. Being a responsible stakeholder in the food safety research and regulation sector, ICAR-CIFT decided to reach more students, academics, regulators, food safety solution providers, and citizens through this two-day national workshop,” said George Ninan, Director, ICAR-CIFT, Kochi.Alex K Ninan, Regional President, Seafood Exporters Association of India, highlighted the measures being taken to implement biosecurity measures at food processing facilities to ensure food security to the highest standard. Comments
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
As we have ample stocks, no need for wheat imports now: DGFTAs wheat procurement for the current season draws to a close, the Government is optimistic that there is enough stock available with farmers and traders to meet domestic demand and there will unlikely be a need for imports.“As of date, the need for import has not been felt. Production has been good. Since there is a prohibition in force, that means there is adequate stock with farmers and traders. The FCI (Food Corporation of India) also has adequate stocks,” Santosh Sarangi, Director General of Foreign Trade (DGFT), told businessline.Wheat procurement in the current rabi season was at 26.2 million tonnes (mt) as of June 6, which has already surpassed last year’s total procurement of 18.8 mt. The wheat stock with the Food Corporation of India (FCI) has improved to 31.2 mt as of May 30 from 29.03 mt as of May 1, whereas the annual requirement of the government for public distribution and other welfare schemes is 18.4 mt. Also read: Ban on wheat import, export unlikely to go soon, say officialsDespite untimely rains, major contributing factors to healthy procurement this year have been the grant of relaxation by the government in quality specifications of wheat affected by rains, opening of procurement centres at village and panchayat level, carrying out procurement through co-operative societies, gram panchayats, and arhatias, and permission to engage FPOs for procurement operations, the Food Ministry said last week in a statement.However, looking at the mandi prices prevailing in Uttar Pradesh and Bihar during the current procurement season, where normally farmers used to sell below minimum support price (MSP), many traders are sceptical about the government’s estimate of record production of nearly 112 mt. The Roller Flour Millers Association of India, which hired a private agency, has pegged the production close to 103 mt.Also read: Wheat prices 1.5% above MSP in APMC yards as farmers in UP, Bihar benefitSome traders may be spreading rumours about a possible shortage of wheat and the need to import as they want a rate increase for the wheat stock they have aggregated, another official tracking the matter said.“It is difficult to believe that any stockist will buy at a higher price. Had the production been at record, prices could not have gone above MSP when exports are banned, and there is no possibility of opening the window this year,” said a trader. With current duty of 40 per cent at $290/tonne free-on-board, wheat is unlikely to be imported even in southern ports, the trader said. Any decision on import has to be at zero duty, and it may help cool the sentiments, he added.The all-India average retail price of wheat has softened from a peak of ₹33.21/kg in February to ₹31.27/kg in May, but it is still higher by 6.5 per cent from a year ago (May 2022). Atta (wheat flour) prices were higher by 10.5 per cent at ₹36.42/kg last month from a year ago, though down from a record ₹37.8/kg in February this year, consumer affairs ministry data show. Comments
### Response:
YES
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YES
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As we have ample stocks, no need for wheat imports now: DGFTAs wheat procurement for the current season draws to a close, the Government is optimistic that there is enough stock available with farmers and traders to meet domestic demand and there will unlikely be a need for imports.“As of date, the need for import has not been felt. Production has been good. Since there is a prohibition in force, that means there is adequate stock with farmers and traders. The FCI (Food Corporation of India) also has adequate stocks,” Santosh Sarangi, Director General of Foreign Trade (DGFT), told businessline.Wheat procurement in the current rabi season was at 26.2 million tonnes (mt) as of June 6, which has already surpassed last year’s total procurement of 18.8 mt. The wheat stock with the Food Corporation of India (FCI) has improved to 31.2 mt as of May 30 from 29.03 mt as of May 1, whereas the annual requirement of the government for public distribution and other welfare schemes is 18.4 mt. Also read: Ban on wheat import, export unlikely to go soon, say officialsDespite untimely rains, major contributing factors to healthy procurement this year have been the grant of relaxation by the government in quality specifications of wheat affected by rains, opening of procurement centres at village and panchayat level, carrying out procurement through co-operative societies, gram panchayats, and arhatias, and permission to engage FPOs for procurement operations, the Food Ministry said last week in a statement.However, looking at the mandi prices prevailing in Uttar Pradesh and Bihar during the current procurement season, where normally farmers used to sell below minimum support price (MSP), many traders are sceptical about the government’s estimate of record production of nearly 112 mt. The Roller Flour Millers Association of India, which hired a private agency, has pegged the production close to 103 mt.Also read: Wheat prices 1.5% above MSP in APMC yards as farmers in UP, Bihar benefitSome traders may be spreading rumours about a possible shortage of wheat and the need to import as they want a rate increase for the wheat stock they have aggregated, another official tracking the matter said.“It is difficult to believe that any stockist will buy at a higher price. Had the production been at record, prices could not have gone above MSP when exports are banned, and there is no possibility of opening the window this year,” said a trader. With current duty of 40 per cent at $290/tonne free-on-board, wheat is unlikely to be imported even in southern ports, the trader said. Any decision on import has to be at zero duty, and it may help cool the sentiments, he added.The all-India average retail price of wheat has softened from a peak of ₹33.21/kg in February to ₹31.27/kg in May, but it is still higher by 6.5 per cent from a year ago (May 2022). Atta (wheat flour) prices were higher by 10.5 per cent at ₹36.42/kg last month from a year ago, though down from a record ₹37.8/kg in February this year, consumer affairs ministry data show. Comments
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Centre hikes kharif crops’ MSP by 5-10%; does not see impact on inflationEven with a rise of 5-10 per cent of the minimum support price (MSP) for 14 types of kharif crops, the government on Wednesday said it does not foresee an impact on inflation. However, it acknowledged that the higher income has led to higher demand of cereals, which are seeing double digit retail inflation.The Cabinet Committee on Economic Affairs (CCEA) has approved the hike in kharif crop MSPs for which sowing has already begun. Briefing the media later, Food Minister Piyush Goyal said: “Farmers will benefit from the increase in the MSP at a time when the retail inflation is on a declining trend.” The MSP for 23 crops (14 kharif, six rabi and three special crops) has been fixed on the recommendations of the Commission for Agricultural Costs and Prices (CACP).However, the farming community is not satisfied. According to Rampal Jat, president of Kisan Mahapanchayat, while the MSP hike in moong is the highest in comparison to other crops this year, farmers can get the benefit only when its purchase is made like wheat and paddy. “At present, 75 per cent of the total production of moong has been excluded from the purview of MSP as official purchase of more than 25 per cent of the total production is restricted,” he said.On the double-digit inflation in cereals, Goyal said the inflation is lower than in other countries, while stressing that this is reflective of a rise in demand for cereals owing to an increase in income. The Prime Minister has given high priority to check food inflation, which is much under control compared to other countries, he said, adding that a Group of Ministers under Home Minister Amit Shah regularly meets to take stock of the situation.Echoing the same, a research report by SBI said the role of MSPs in influencing the inflation trajectory in India has been an issue of intense academic and public policy debate. While empirical findings are mixed, the actual impact of the hike would depend on the Centre’s procurement strategy as well as the ruling market prices of various crops compared with the revised MSPs.“The impact on inflation will be muted as the e-NAM prices are higher than the increased MSP for many of the crops and procurement of crops other than rice and wheat is also limited,” it said. Comments
### Response:
NO
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NO
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Centre hikes kharif crops’ MSP by 5-10%; does not see impact on inflationEven with a rise of 5-10 per cent of the minimum support price (MSP) for 14 types of kharif crops, the government on Wednesday said it does not foresee an impact on inflation. However, it acknowledged that the higher income has led to higher demand of cereals, which are seeing double digit retail inflation.The Cabinet Committee on Economic Affairs (CCEA) has approved the hike in kharif crop MSPs for which sowing has already begun. Briefing the media later, Food Minister Piyush Goyal said: “Farmers will benefit from the increase in the MSP at a time when the retail inflation is on a declining trend.” The MSP for 23 crops (14 kharif, six rabi and three special crops) has been fixed on the recommendations of the Commission for Agricultural Costs and Prices (CACP).However, the farming community is not satisfied. According to Rampal Jat, president of Kisan Mahapanchayat, while the MSP hike in moong is the highest in comparison to other crops this year, farmers can get the benefit only when its purchase is made like wheat and paddy. “At present, 75 per cent of the total production of moong has been excluded from the purview of MSP as official purchase of more than 25 per cent of the total production is restricted,” he said.On the double-digit inflation in cereals, Goyal said the inflation is lower than in other countries, while stressing that this is reflective of a rise in demand for cereals owing to an increase in income. The Prime Minister has given high priority to check food inflation, which is much under control compared to other countries, he said, adding that a Group of Ministers under Home Minister Amit Shah regularly meets to take stock of the situation.Echoing the same, a research report by SBI said the role of MSPs in influencing the inflation trajectory in India has been an issue of intense academic and public policy debate. While empirical findings are mixed, the actual impact of the hike would depend on the Centre’s procurement strategy as well as the ruling market prices of various crops compared with the revised MSPs.“The impact on inflation will be muted as the e-NAM prices are higher than the increased MSP for many of the crops and procurement of crops other than rice and wheat is also limited,” it said. Comments
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Gold declines under pressure from the dollarGold prices declined in European trade for the first session in three under pressure from the stronger dollar against major rivals, but the precious metal remains bound in a tight range of trading. Now traders await more data on the future of the Fed's policy tightening cycle and the potential for more rate hikes. Gold Prices Today Gold prices fell 0.4% to $1,955 an ounce, with a session-high at $1,966, after rising 0.1% on Tuesday, the second profit in a row amid strong haven demand. The Dollar The dollar index rose 0.1% on Wednesday for another session, almost hitting 11-week highs at 104.69 against a basket of major rivals. Markets are betting the Fed will maintain high interest rates for a longer duration of time. The Fed Recent US data, which showed slower growth in the services sector and higher unemployment, gives the Fed room to cease policy tightening at the June meeting, while opening the door for a resumption in rate hikes at the July meeting. US Rates Markets are pricing in a 20% chance of a 0.25% rate hike by the Federal Reserve in June. However, the likelihood for a 0.25% Fed rate hike in July surges to 65%, compared to 35% odds of no change. The SPDR Gold holdings at the SPDR Gold Trust fell 1.45 tones yesterday to a total of 938.11 tones.
### Response:
YES
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YES
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Gold declines under pressure from the dollarGold prices declined in European trade for the first session in three under pressure from the stronger dollar against major rivals, but the precious metal remains bound in a tight range of trading. Now traders await more data on the future of the Fed's policy tightening cycle and the potential for more rate hikes. Gold Prices Today Gold prices fell 0.4% to $1,955 an ounce, with a session-high at $1,966, after rising 0.1% on Tuesday, the second profit in a row amid strong haven demand. The Dollar The dollar index rose 0.1% on Wednesday for another session, almost hitting 11-week highs at 104.69 against a basket of major rivals. Markets are betting the Fed will maintain high interest rates for a longer duration of time. The Fed Recent US data, which showed slower growth in the services sector and higher unemployment, gives the Fed room to cease policy tightening at the June meeting, while opening the door for a resumption in rate hikes at the July meeting. US Rates Markets are pricing in a 20% chance of a 0.25% rate hike by the Federal Reserve in June. However, the likelihood for a 0.25% Fed rate hike in July surges to 65%, compared to 35% odds of no change. The SPDR Gold holdings at the SPDR Gold Trust fell 1.45 tones yesterday to a total of 938.11 tones.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Palladium declines amid expectations of oversupply concerns in 2024Palladium prices declined on Wednesday even as the dollar dipped against most major rivals, but the industrial metals faced pressures amid expectations of oversupply next year. Oversupply The Russian Nornickel company expects the palladium market to shit to a surplus of 300 thousand ounces in 2024, compared to a deficit of 200 thousand ounces in 2023 . Nornickel wasn't targeted by direct western sanctions, and alone it produces 40% of the global palladium output, used to reduce exhaust fumes in automobiles. Nornickel noted that the automotive industry, which uses 80% of the global palladium supply, is slowly recovering following Covid 19 and the supply shocks of 2020 and 2021, and this demand on metals is expected to grow 1% this year. The company noted that the increased consumption of palladium in 2022 and 2023 has been compensated with sales of accumulated inventories by car companies, with such inventory clearing efforts wrapping up in the second half of the year. The major company, which witnessed a 16% collapse in net profits during 2022, expects a global deficit in the palladium market by 300 thousand ounces in 2023. As for nickel, the company expects a surplus of 180 thousand tones in the nickel market during 2024. Otherwise, the dollar index fell 0.4% to 103.7 as of 15:06 GMT, with a session-high at 104.3, and a low at 103.6. On trading, palladium futures due in September fell 0.1% as of 15:07 GMT to $1,413.5 an ounce.
### Response:
NO
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NO
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Palladium declines amid expectations of oversupply concerns in 2024Palladium prices declined on Wednesday even as the dollar dipped against most major rivals, but the industrial metals faced pressures amid expectations of oversupply next year. Oversupply The Russian Nornickel company expects the palladium market to shit to a surplus of 300 thousand ounces in 2024, compared to a deficit of 200 thousand ounces in 2023 . Nornickel wasn't targeted by direct western sanctions, and alone it produces 40% of the global palladium output, used to reduce exhaust fumes in automobiles. Nornickel noted that the automotive industry, which uses 80% of the global palladium supply, is slowly recovering following Covid 19 and the supply shocks of 2020 and 2021, and this demand on metals is expected to grow 1% this year. The company noted that the increased consumption of palladium in 2022 and 2023 has been compensated with sales of accumulated inventories by car companies, with such inventory clearing efforts wrapping up in the second half of the year. The major company, which witnessed a 16% collapse in net profits during 2022, expects a global deficit in the palladium market by 300 thousand ounces in 2023. As for nickel, the company expects a surplus of 180 thousand tones in the nickel market during 2024. Otherwise, the dollar index fell 0.4% to 103.7 as of 15:06 GMT, with a session-high at 104.3, and a low at 103.6. On trading, palladium futures due in September fell 0.1% as of 15:07 GMT to $1,413.5 an ounce.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Government removes restrictions on procurement quantities of tur, urad and masurThe Indian government has decided to remove the quantitative restrictions on the procurement of tur, urad, and masur pulses under the Minimum Support Price (MSP) operation. This move aims to provide relief to farmers by allowing them to sell their entire produce of these pulses to the government without any restrictions on quantity. The MSP is a mechanism through which the government sets a floor price for certain crops to ensure farmers receive fair remuneration for their harvest. Previously, there was a limit on the quantity of these pulses that the government would procure under this programme, which often resulted in farmers struggling to find buyers for their surplus produce. With the cap removed, farmers will have more certainty and assurance that their entire crop can be sold at the MSP, providing them with much-needed stability and support.
### Response:
NO
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NO
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Government removes restrictions on procurement quantities of tur, urad and masurThe Indian government has decided to remove the quantitative restrictions on the procurement of tur, urad, and masur pulses under the Minimum Support Price (MSP) operation. This move aims to provide relief to farmers by allowing them to sell their entire produce of these pulses to the government without any restrictions on quantity. The MSP is a mechanism through which the government sets a floor price for certain crops to ensure farmers receive fair remuneration for their harvest. Previously, there was a limit on the quantity of these pulses that the government would procure under this programme, which often resulted in farmers struggling to find buyers for their surplus produce. With the cap removed, farmers will have more certainty and assurance that their entire crop can be sold at the MSP, providing them with much-needed stability and support.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Daily Sugar Market Update By Vizzie – 07/06/2023ChiniMandi, Mumbai: 7th June 2023 Domestic Market Domestic sugar prices quoted stable Domestic sugar prices have been quoted as stable in major markets, with good demand due to higher temperatures. Prices for Muzaffarnagar (M grade) were stable in the Rs 3,660-3,670 per quintal range, while prices for Kolhapur (S grade) were trading in the Rs 3,390-3,430 per quintal range. According to Agrimandi.live, prices are expected to trade steady to firm due to strong demand, with little room for decline. Prices in the Kolhapur markets are expected to trade near Rs 3,480 per quintal in the near future, with a support level of Rs 3,360 per quintal. The monsoon could begin within the next 48 hours, according to the IMD, but if it does, it will arrive nearly 9 days later than usual. Ex-mill Sugar Prices as on June, 7 2023 : State S/30 [Rates per Quintal] M/30 [Rates per Quintal] Maharashtra ₹3345 to 3390 ₹3425 to 3470 Karnataka ₹3540 to 3625 ₹3675 Uttar Pradesh ₹3590 to 3725 Gujarat ₹3411 to 3451 ₹3511 to 3531 Tamil Nadu ₹3540 to 3650 – Madhya Pradesh ₹3520 to 3565 ₹3580 to 3615 Punjab ₹3680 to 3731 (All the above rates are excluding GST) Destination-wise Spot Prices as on June, 7 2023 : City Grade Rate Delhi M/30 ₹3895.50 Kanpur M/30 ₹3843.00 Kolhapur M/30 ₹3685.50 Kolkata M/30 ₹3948.00 Muzaffarnagar M/30 ₹3832.50 International Market At the time of writing this update London White Sugar #5 front month contract is trading at $674.70 ton, whereas the New York Sugar #11 front month contract is trading at 24.80 c/lb. Currency, Commodity & Indian Indices The rupee traded against the US dollar at 82.512 whereas USD was trading with BRL at 4.9134, Crude futures traded at ₹5995, Crude WTI traded at $72.60/barrel. Sensex closed 350.08 points higher at 63142.96 whereas Nifty ended 127.40 points higher at 18726.40 News Round-Up Kenya to lease sugar mills instead of privatization Kenya to lease sugar mills instead of privatization Farmers demand 100 per cent cane payment Farmers demand 100 per cent cane payment BKU demands transparency in cane survey BKU demands transparency in cane survey Honeywell using new technologies for sustainable future Honeywell using new technologies for sustainable future Conditions favourable for monsoon onset in next 48 hours: IMD Conditions favourable for monsoon onset in next 48 hours: IMD
### Response:
NO
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NO
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Daily Sugar Market Update By Vizzie – 07/06/2023ChiniMandi, Mumbai: 7th June 2023 Domestic Market Domestic sugar prices quoted stable Domestic sugar prices have been quoted as stable in major markets, with good demand due to higher temperatures. Prices for Muzaffarnagar (M grade) were stable in the Rs 3,660-3,670 per quintal range, while prices for Kolhapur (S grade) were trading in the Rs 3,390-3,430 per quintal range. According to Agrimandi.live, prices are expected to trade steady to firm due to strong demand, with little room for decline. Prices in the Kolhapur markets are expected to trade near Rs 3,480 per quintal in the near future, with a support level of Rs 3,360 per quintal. The monsoon could begin within the next 48 hours, according to the IMD, but if it does, it will arrive nearly 9 days later than usual. Ex-mill Sugar Prices as on June, 7 2023 : State S/30 [Rates per Quintal] M/30 [Rates per Quintal] Maharashtra ₹3345 to 3390 ₹3425 to 3470 Karnataka ₹3540 to 3625 ₹3675 Uttar Pradesh ₹3590 to 3725 Gujarat ₹3411 to 3451 ₹3511 to 3531 Tamil Nadu ₹3540 to 3650 – Madhya Pradesh ₹3520 to 3565 ₹3580 to 3615 Punjab ₹3680 to 3731 (All the above rates are excluding GST) Destination-wise Spot Prices as on June, 7 2023 : City Grade Rate Delhi M/30 ₹3895.50 Kanpur M/30 ₹3843.00 Kolhapur M/30 ₹3685.50 Kolkata M/30 ₹3948.00 Muzaffarnagar M/30 ₹3832.50 International Market At the time of writing this update London White Sugar #5 front month contract is trading at $674.70 ton, whereas the New York Sugar #11 front month contract is trading at 24.80 c/lb. Currency, Commodity & Indian Indices The rupee traded against the US dollar at 82.512 whereas USD was trading with BRL at 4.9134, Crude futures traded at ₹5995, Crude WTI traded at $72.60/barrel. Sensex closed 350.08 points higher at 63142.96 whereas Nifty ended 127.40 points higher at 18726.40 News Round-Up Kenya to lease sugar mills instead of privatization Kenya to lease sugar mills instead of privatization Farmers demand 100 per cent cane payment Farmers demand 100 per cent cane payment BKU demands transparency in cane survey BKU demands transparency in cane survey Honeywell using new technologies for sustainable future Honeywell using new technologies for sustainable future Conditions favourable for monsoon onset in next 48 hours: IMD Conditions favourable for monsoon onset in next 48 hours: IMD
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
India to diversify coking coal sourcing beyond Australia: ScindiaScindia said logistics and transport costs from some places are quite high and the Ministry is working these out, especially for Mongolia.
### Response:
NO
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NO
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India to diversify coking coal sourcing beyond Australia: ScindiaScindia said logistics and transport costs from some places are quite high and the Ministry is working these out, especially for Mongolia.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
France’s steel product export value down 21 percent in Jan-MarAccording to the statistics released by the French Ministry of Economy, Finance and Industry, in the January-March period this year France’s basic steel product and ferroalloy exports amounted to a value of €2.89 billion, decreasing by 21.0 percent year on year. In the given period, France exported €351.31 million of steel pipes and tubes - down 0.6 percent, €166.74 million of cold rolled steel bars - rising by 23.7 percent, €179.08 million of cold rolled steel strip - up three percent, €104.10 million of cold drawn wire - decreasing by 0.5 percent, and €231.63 million of metal structures and parts - rising by 15.3 percent, all compared to the same period of 2022.
### Response:
NO
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NO
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France’s steel product export value down 21 percent in Jan-MarAccording to the statistics released by the French Ministry of Economy, Finance and Industry, in the January-March period this year France’s basic steel product and ferroalloy exports amounted to a value of €2.89 billion, decreasing by 21.0 percent year on year. In the given period, France exported €351.31 million of steel pipes and tubes - down 0.6 percent, €166.74 million of cold rolled steel bars - rising by 23.7 percent, €179.08 million of cold rolled steel strip - up three percent, €104.10 million of cold drawn wire - decreasing by 0.5 percent, and €231.63 million of metal structures and parts - rising by 15.3 percent, all compared to the same period of 2022.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
France’s steel product import value down 14.6 percent in Jan-MarAccording to the statistics released by the French Ministry of Economy, Finance and Industry, in the January-March period this year France’s basic steel product and ferroalloy imports amounted to a value of €2.98 billion, decreasing by 14.6 percent year on year. In the given period, France imported €601.33 million of steel pipes and tubes - down 5.7 percent, €164.66 million of cold rolled steel bars - declining by 0.4 percent, €257.96 million of cold rolled steel strip - dropping by 16.3 percent, €157.92 million of cold drawn wire - falling by 9.7 percent, and €691.74 million of metal structures and parts - rising by 0.5 percent, all compared to the same period of last year.
### Response:
NO
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NO
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France’s steel product import value down 14.6 percent in Jan-MarAccording to the statistics released by the French Ministry of Economy, Finance and Industry, in the January-March period this year France’s basic steel product and ferroalloy imports amounted to a value of €2.98 billion, decreasing by 14.6 percent year on year. In the given period, France imported €601.33 million of steel pipes and tubes - down 5.7 percent, €164.66 million of cold rolled steel bars - declining by 0.4 percent, €257.96 million of cold rolled steel strip - dropping by 16.3 percent, €157.92 million of cold drawn wire - falling by 9.7 percent, and €691.74 million of metal structures and parts - rising by 0.5 percent, all compared to the same period of last year.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Taiwan’s iron and steel export value down 26.9 percent in January-MayIn May this year, the value of Taiwan’s iron and steel exports moved down by 22.8 percent year on year to $1.64 billion, according to the statistics issued by Taiwan’s Ministry of Finance. In the given month, the country’s iron and steel import value totaled $1.09 billion, dropping by 25.8 percent year on year. In the first five months of this year, the value of Taiwan’s iron and steel exports declined by 26.9 percent to $7.59 billion, while the value of the country’s imports of iron and steel totaled $5.11 billion, dropping by 24.8 percent, both on year-on-year basis.
### Response:
NO
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NO
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Taiwan’s iron and steel export value down 26.9 percent in January-MayIn May this year, the value of Taiwan’s iron and steel exports moved down by 22.8 percent year on year to $1.64 billion, according to the statistics issued by Taiwan’s Ministry of Finance. In the given month, the country’s iron and steel import value totaled $1.09 billion, dropping by 25.8 percent year on year. In the first five months of this year, the value of Taiwan’s iron and steel exports declined by 26.9 percent to $7.59 billion, while the value of the country’s imports of iron and steel totaled $5.11 billion, dropping by 24.8 percent, both on year-on-year basis.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
China’s iron ore imports up 7.7 percent in Jan-MayIn the January-May period this year, China imported 481 million mt of iron ore, up 7.7 percent year on year, while the average imported price stood at RMB 791.5/mt ($111.5/mt), down 4.5 percent year on year, as announced by the Chinese customs authorities on June 7. In May alone, China imported 96.175 million mt of iron ore, up 3.95 percent year on year, while up 6.34 percent year on year. The expectation for the strong demand for steelmaking raw materials in May, resulting in the year-on-year rise in China’s iron ore imports volume in May. However, the demand for iron ore hasn’t been as good as market players had expected, contributing to the declines in prices since May 17, though iron ore prices indicated a rebounding trend since May 24 amid the rises in finished steel prices.
### Response:
YES
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YES
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China’s iron ore imports up 7.7 percent in Jan-MayIn the January-May period this year, China imported 481 million mt of iron ore, up 7.7 percent year on year, while the average imported price stood at RMB 791.5/mt ($111.5/mt), down 4.5 percent year on year, as announced by the Chinese customs authorities on June 7. In May alone, China imported 96.175 million mt of iron ore, up 3.95 percent year on year, while up 6.34 percent year on year. The expectation for the strong demand for steelmaking raw materials in May, resulting in the year-on-year rise in China’s iron ore imports volume in May. However, the demand for iron ore hasn’t been as good as market players had expected, contributing to the declines in prices since May 17, though iron ore prices indicated a rebounding trend since May 24 amid the rises in finished steel prices.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
GACC: China's May coal imports drop 2.7% MoM as demand dragsChina's coal imports in May dropped by 2.7% on month to 39.58 million tonnes, though it was still 92.6% higher than 20.55 million tonnes in the same period last year, according to latest data from the country's General Administration of Customs (GACC) published on June 7.
### Response:
NO
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NO
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GACC: China's May coal imports drop 2.7% MoM as demand dragsChina's coal imports in May dropped by 2.7% on month to 39.58 million tonnes, though it was still 92.6% higher than 20.55 million tonnes in the same period last year, according to latest data from the country's General Administration of Customs (GACC) published on June 7.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
GACC: China's Jan-May steel exports leap 41% YoYChina's finished steel exports totalled 36.37 million tonnes over January-May, jumping by a huge 40.9% on year, according to the latest statistics from the country's General Administration of Customs (GACC) on June 7.
### Response:
NO
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NO
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GACC: China's Jan-May steel exports leap 41% YoYChina's finished steel exports totalled 36.37 million tonnes over January-May, jumping by a huge 40.9% on year, according to the latest statistics from the country's General Administration of Customs (GACC) on June 7.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Scrap stocks at China's qualified yards at 9-month lowStocks of steel scrap including both processed and unprocessed material at China's 584 licensed scrapyards under Mysteel's regular survey decreased to a more than nine-month low over May 26-June 1, down for the fourth straight week by another 2.4% on week or 8.6% on month. Chiefly responsible for the decrease was the limited scrap availability in the market as well as scrap traders' unwillingness to let their inventories accumulate, Mysteel Global noted.
### Response:
YES
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YES
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Scrap stocks at China's qualified yards at 9-month lowStocks of steel scrap including both processed and unprocessed material at China's 584 licensed scrapyards under Mysteel's regular survey decreased to a more than nine-month low over May 26-June 1, down for the fourth straight week by another 2.4% on week or 8.6% on month. Chiefly responsible for the decrease was the limited scrap availability in the market as well as scrap traders' unwillingness to let their inventories accumulate, Mysteel Global noted.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
GACC: China's Jan-May iron ore imports grow 7.7% on yearChina imported a total of 480.7 million tonnes of iron ore over January-May, logging an on-year increase of 7.7%, the latest statistics released by the country's General Administration of Customs (GACC) published on June 7 show.
### Response:
YES
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YES
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GACC: China's Jan-May iron ore imports grow 7.7% on yearChina imported a total of 480.7 million tonnes of iron ore over January-May, logging an on-year increase of 7.7%, the latest statistics released by the country's General Administration of Customs (GACC) published on June 7 show.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
|
Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Good weather sees drop in electricity generated by wind farmsThe spell of good weather in the second half of last month resulted in a drop in the electricity generated by Irish wind farms compared to May 2022, according to a new report. The data published today (Wednesday, June 7) by Wind Energy Ireland shows that wind farms produced 21% of the country’s electricity last month. The report also outlined that wind farms have provided over a third of Ireland’s power requirements between January and May. Commenting on the report, Noel Cunniffe, chief executive of Wind Energy Ireland, said: “While there has been a drop in electricity generation from wind in May compared to last year’s figure, wind farms have performed well over the first five months of 2023 by providing 35% of our electricity. “On May 10, Irish wind farms met over half of Ireland’s electricity demand for that day. “We are expecting to see significant progress in the second half of this year with new wind farms connecting to the grid, solar projects coming on stream and the first offshore wind projects applying for planning permission,” he added. Wind Energy Ireland said that wholesale electricity prices fell for the fifth consecutive month this year in May. The average wholesale price of electricity in Ireland per megawatt-hour (MWh) during May 2023 was €105.19, down 16% from €125.57 in April 2023. Although the prices are moving in the right direction, the report notes that the average prices before the fossil fuel energy crisis were between €50-70/(MWh) Wind Energy Ireland also warned that there is some concern that recent gas price falls may reverse later in the year. “The continued fall in wholesale electricity prices is welcome news. Consumers and businesses are struggling every day with high energy bills. Affordability is really important as well as reducing our reliance on fossil fuels. “We know from the recent Environmental Protection Agency (EPA) report on Ireland’s greenhouse gas (GHG) emissions that we need to act fast to reduce our carbon emissions and prioritise responding to the climate emergency. “Wind energy projects are moving at pace, and the quicker we have wind farms up and running, the sooner we can rely on more Irish renewable energy to provide our electricity and reduce our reliance on volatile imported fossil fuels,” Cunniffe said.
### Response:
YES
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YES
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Good weather sees drop in electricity generated by wind farmsThe spell of good weather in the second half of last month resulted in a drop in the electricity generated by Irish wind farms compared to May 2022, according to a new report. The data published today (Wednesday, June 7) by Wind Energy Ireland shows that wind farms produced 21% of the country’s electricity last month. The report also outlined that wind farms have provided over a third of Ireland’s power requirements between January and May. Commenting on the report, Noel Cunniffe, chief executive of Wind Energy Ireland, said: “While there has been a drop in electricity generation from wind in May compared to last year’s figure, wind farms have performed well over the first five months of 2023 by providing 35% of our electricity. “On May 10, Irish wind farms met over half of Ireland’s electricity demand for that day. “We are expecting to see significant progress in the second half of this year with new wind farms connecting to the grid, solar projects coming on stream and the first offshore wind projects applying for planning permission,” he added. Wind Energy Ireland said that wholesale electricity prices fell for the fifth consecutive month this year in May. The average wholesale price of electricity in Ireland per megawatt-hour (MWh) during May 2023 was €105.19, down 16% from €125.57 in April 2023. Although the prices are moving in the right direction, the report notes that the average prices before the fossil fuel energy crisis were between €50-70/(MWh) Wind Energy Ireland also warned that there is some concern that recent gas price falls may reverse later in the year. “The continued fall in wholesale electricity prices is welcome news. Consumers and businesses are struggling every day with high energy bills. Affordability is really important as well as reducing our reliance on fossil fuels. “We know from the recent Environmental Protection Agency (EPA) report on Ireland’s greenhouse gas (GHG) emissions that we need to act fast to reduce our carbon emissions and prioritise responding to the climate emergency. “Wind energy projects are moving at pace, and the quicker we have wind farms up and running, the sooner we can rely on more Irish renewable energy to provide our electricity and reduce our reliance on volatile imported fossil fuels,” Cunniffe said.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
How OPEC+ deal cuts oil supply until end of 2024Saudi Arabia will make a deep cut to its output in July in addition to a broader OPEC+ deal to limit supply to the end of 2024 as the group faces flagging oil prices.
### Response:
YES
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YES
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How OPEC+ deal cuts oil supply until end of 2024Saudi Arabia will make a deep cut to its output in July in addition to a broader OPEC+ deal to limit supply to the end of 2024 as the group faces flagging oil prices.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
U.S. crude oil inventories down last week: APIThe American Petroleum Institute (API) on Tuesday reported a decrease of 1.71 million barrels of crude oil in U.S. inventories for the week ending June 2.
### Response:
YES
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YES
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U.S. crude oil inventories down last week: APIThe American Petroleum Institute (API) on Tuesday reported a decrease of 1.71 million barrels of crude oil in U.S. inventories for the week ending June 2.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
AL6XN Plate Prices Show Bullish Trend in the US Market Amidst Rising DemandIn the ongoing week of June 6, the price of AL6XN Plate shows a bullish trend in the US spot market due to a rise in demand from downstream marine, oil and gas, and piping industries. Moreover, the price of raw materials such as chromium, nickel, molybdenum, and nitrogen plays a major role in the price increase of the AL6XN Plate.
### Response:
NO
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NO
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AL6XN Plate Prices Show Bullish Trend in the US Market Amidst Rising DemandIn the ongoing week of June 6, the price of AL6XN Plate shows a bullish trend in the US spot market due to a rise in demand from downstream marine, oil and gas, and piping industries. Moreover, the price of raw materials such as chromium, nickel, molybdenum, and nitrogen plays a major role in the price increase of the AL6XN Plate.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Sorbitol Prices Decrease in the USA Amid Lowering Demand in May 2023Sorbitol prices in the USA depreciated in the month of May 2023, falling 10% from the previous month, April 2023. This is the first time that Sorbitol prices have decreased considerably since January 2023. Several factors contributed to the decline in Sorbitol prices, including an increase in supply. Sorbitol is produced from Corn Syrup, and the Corn harvest in the United States was bountiful in 2022. This increased supply of Corn Syrup led to an increase in the supply of the product, which led to ample product inventories among the suppliers and domestic merchants.
### Response:
YES
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YES
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Sorbitol Prices Decrease in the USA Amid Lowering Demand in May 2023Sorbitol prices in the USA depreciated in the month of May 2023, falling 10% from the previous month, April 2023. This is the first time that Sorbitol prices have decreased considerably since January 2023. Several factors contributed to the decline in Sorbitol prices, including an increase in supply. Sorbitol is produced from Corn Syrup, and the Corn harvest in the United States was bountiful in 2022. This increased supply of Corn Syrup led to an increase in the supply of the product, which led to ample product inventories among the suppliers and domestic merchants.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Serentica Renewables secures Rs 10,000 cr contracts for phase 1 renewable energy projectsNew Delhi: Serentica Renewables announced the successful placement of contracts worth INR 10,000 crore for its upcoming renewable energy projects. The move marks a significant boost to the renewable energy sector in India, with Serentica set to develop 1.5 GW of renewable energy capacity across the country. To realize its projects, Serentica has partnered with leading renewable energy solution providers such as Suzlon, Siemens Gamesa, Jinko Solar, Amara Raja, and others. The company will establish solar and wind capacities in Karnataka, Maharashtra, Andhra Pradesh, and Rajasthan, where it has secured connectivity to the inter-state transmission system (ISTS). Advt For its wind projects in Maharashtra and Karnataka, Serentica has joined forces with wind industry leaders like Suzlon, Siemens Gamesa, and Envision. Meanwhile, global solar leaders such as Jinko Solar and Trina Solar will supply modules for Serentica's solar projects in Rajasthan and Maharashtra. The projects' Engineering Procurement and Construction (EPC) will be carried out by Suzlon, Sterling & Wilson, Amara Raja Power Systems, EverRenew, and Rays Power. The commissioning of these projects is scheduled for the fiscal year 2024-25. Pratik Agarwal, Director of Serentica Renewables, expressed enthusiasm about the partnerships, stating, 'We are excited to collaborate with some of the leading renewable energy players in the country as we advance our mission of industrial decarbonisation. These partnerships are a significant step forward in our efforts to build world-class assets for our customers. With the support of industry veterans, we aim to reverse climate change and create a greener tomorrow.' The company envisions supplying over 40 billion units of clean energy annually in the medium term and displacing 37 million tonnes of CO2 emissions. To support its growth goals, Serentica secured definitive agreements worth $650 million with global investor KKR in November 2022. ETEnergyWorld Published On Jun 7, 2023 at 12:50 PM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post serentica siemens gamesa jinko solar suzlon rays power andhra pradesh kkr everrenew amara raja power systems serentica renewables Home News Renewable Serentica Renewables secures Rs 10,000 cr contracts for phase 1 renewable energy projects
### Response:
YES
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YES
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Serentica Renewables secures Rs 10,000 cr contracts for phase 1 renewable energy projectsNew Delhi: Serentica Renewables announced the successful placement of contracts worth INR 10,000 crore for its upcoming renewable energy projects. The move marks a significant boost to the renewable energy sector in India, with Serentica set to develop 1.5 GW of renewable energy capacity across the country. To realize its projects, Serentica has partnered with leading renewable energy solution providers such as Suzlon, Siemens Gamesa, Jinko Solar, Amara Raja, and others. The company will establish solar and wind capacities in Karnataka, Maharashtra, Andhra Pradesh, and Rajasthan, where it has secured connectivity to the inter-state transmission system (ISTS). Advt For its wind projects in Maharashtra and Karnataka, Serentica has joined forces with wind industry leaders like Suzlon, Siemens Gamesa, and Envision. Meanwhile, global solar leaders such as Jinko Solar and Trina Solar will supply modules for Serentica's solar projects in Rajasthan and Maharashtra. The projects' Engineering Procurement and Construction (EPC) will be carried out by Suzlon, Sterling & Wilson, Amara Raja Power Systems, EverRenew, and Rays Power. The commissioning of these projects is scheduled for the fiscal year 2024-25. Pratik Agarwal, Director of Serentica Renewables, expressed enthusiasm about the partnerships, stating, 'We are excited to collaborate with some of the leading renewable energy players in the country as we advance our mission of industrial decarbonisation. These partnerships are a significant step forward in our efforts to build world-class assets for our customers. With the support of industry veterans, we aim to reverse climate change and create a greener tomorrow.' The company envisions supplying over 40 billion units of clean energy annually in the medium term and displacing 37 million tonnes of CO2 emissions. To support its growth goals, Serentica secured definitive agreements worth $650 million with global investor KKR in November 2022. ETEnergyWorld Published On Jun 7, 2023 at 12:50 PM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post serentica siemens gamesa jinko solar suzlon rays power andhra pradesh kkr everrenew amara raja power systems serentica renewables Home News Renewable Serentica Renewables secures Rs 10,000 cr contracts for phase 1 renewable energy projects
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
China’s coal imports increase by 89.6 percent in January-MayIn the January-May period of the current year, China’s coal imports amounted to 182.059 million mt, rising by 89.6 percent year on year, as announced by the Chinese customs authorities on June 7. In May alone, China’s coal imports totaled 39.584 million mt, down 2.69 percent month on month, while increasing by 19.034 million mt or 92.62 percent compared to the same period last year.
### Response:
YES
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YES
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China’s coal imports increase by 89.6 percent in January-MayIn the January-May period of the current year, China’s coal imports amounted to 182.059 million mt, rising by 89.6 percent year on year, as announced by the Chinese customs authorities on June 7. In May alone, China’s coal imports totaled 39.584 million mt, down 2.69 percent month on month, while increasing by 19.034 million mt or 92.62 percent compared to the same period last year.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Turkey’s rebar exports decrease by 59.9 percent in January-AprilIn April this year, Turkey's rebar exports amounted to 166,763 metric tons, down 20.1 percent compared to March and by 67.4 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $118.51 million, declining by 18.7 percent compared to March and 71.0 percent year on year. Meanwhile, in the January-April period of this year, Turkey’s rebar exports amounted to 892,194 metric tons, down 59.9 percent compared to the January-April period last year, while the revenue generated by these exports totaled $609.12 million, falling by 62.7 percent year on year. Turkey’s top 10 rebar export destinations in January-April 2023: Country Amount (mt) January-April 2023 January-April 2022 Y-o-y change (%) April 2023 April 2022 Y-o-y change (%) Israel 209,722 467,935 -55.2 57,747 100,220 -42.4 Yemen 183,006 326,341 -43.9 14,994 70,320 -78.7 Ethiopia 61,368 40,237 +52.5 5,084 24,128 -78.9 US 49,571 143,217 -65.4 - 51,312 - Panama 47,712 28,119 +69.7 8,879 - - Senegal 47,353 40,414 +17.1 19,277 17,709 +8.9 TRNC 42,949 30,397 +41.3 8,330 5,541 +50.3 Jamaika 41,946 57,477 -27.0 14,948 10,223 +46.2 Albania 18,858 94,578 -80.1 7,822 13,917 -43.8 Syria 18,673 29,644 -37.0 3,898 6,525 -40.3 Turkey’s main rebar export destinations on country basis in the January-April period this year are presented below:
### Response:
YES
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YES
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Turkey’s rebar exports decrease by 59.9 percent in January-AprilIn April this year, Turkey's rebar exports amounted to 166,763 metric tons, down 20.1 percent compared to March and by 67.4 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $118.51 million, declining by 18.7 percent compared to March and 71.0 percent year on year. Meanwhile, in the January-April period of this year, Turkey’s rebar exports amounted to 892,194 metric tons, down 59.9 percent compared to the January-April period last year, while the revenue generated by these exports totaled $609.12 million, falling by 62.7 percent year on year. Turkey’s top 10 rebar export destinations in January-April 2023: Country Amount (mt) January-April 2023 January-April 2022 Y-o-y change (%) April 2023 April 2022 Y-o-y change (%) Israel 209,722 467,935 -55.2 57,747 100,220 -42.4 Yemen 183,006 326,341 -43.9 14,994 70,320 -78.7 Ethiopia 61,368 40,237 +52.5 5,084 24,128 -78.9 US 49,571 143,217 -65.4 - 51,312 - Panama 47,712 28,119 +69.7 8,879 - - Senegal 47,353 40,414 +17.1 19,277 17,709 +8.9 TRNC 42,949 30,397 +41.3 8,330 5,541 +50.3 Jamaika 41,946 57,477 -27.0 14,948 10,223 +46.2 Albania 18,858 94,578 -80.1 7,822 13,917 -43.8 Syria 18,673 29,644 -37.0 3,898 6,525 -40.3 Turkey’s main rebar export destinations on country basis in the January-April period this year are presented below:
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Domestic Iron Ore Prices To Rise Initially And Then Fall Back In June After Fundamentals WorsenSHANGHAI, Jun 8 (SMM) – In June, domestic iron ore prices may show a trend of rising at first and then falling back. At the beginning of the month, domestic ore prices rose due to climbing imported ore prices and tight supply. High pig iron production will ensure strong iron ore demand and help sustain the upward trend of iron ore prices. However, sinter production restrictions in some areas and possible production cuts at blast furnace steel mills will weigh down domestic ore prices in the second half of the month.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Tragedy of Electric Car Catching Fire Immediately After Collision In China’s Hangzhou City Renews Concerns Over Safety Of Nickel-Manganese-Cobalt (NMC 811) BatteryOil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelTightening Crackdowns Threaten To Tighten Iron Ore Supply In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearChina’s Lithium Carbonate Output Recovered Noticeably In May And On Track To Grow Further In June Amid Optimistic Market ExpectationsChina’s Lithium Hydroxide Output Poised To Recover Further In June With Market Betting On Demand Recovery For High-Nickel Ternary MaterialsANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelyFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
YES
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YES
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Domestic Iron Ore Prices To Rise Initially And Then Fall Back In June After Fundamentals WorsenSHANGHAI, Jun 8 (SMM) – In June, domestic iron ore prices may show a trend of rising at first and then falling back. At the beginning of the month, domestic ore prices rose due to climbing imported ore prices and tight supply. High pig iron production will ensure strong iron ore demand and help sustain the upward trend of iron ore prices. However, sinter production restrictions in some areas and possible production cuts at blast furnace steel mills will weigh down domestic ore prices in the second half of the month.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Tragedy of Electric Car Catching Fire Immediately After Collision In China’s Hangzhou City Renews Concerns Over Safety Of Nickel-Manganese-Cobalt (NMC 811) BatteryOil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelTightening Crackdowns Threaten To Tighten Iron Ore Supply In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearChina’s Lithium Carbonate Output Recovered Noticeably In May And On Track To Grow Further In June Amid Optimistic Market ExpectationsChina’s Lithium Hydroxide Output Poised To Recover Further In June With Market Betting On Demand Recovery For High-Nickel Ternary MaterialsANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelyFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Imported Iron Ore Prices At Domestic Ports To Fluctuate Strongly As Steel Inventory And Apparent Demand May Perform WellSHANGHAI, Jun 8 (SMM) –The most-traded DCE 2309 iron ore contract was volatile yesterday, closing up 0.06% at 770 yuan/mt. Traders held offers firm, and steel mills restocked as needed. The wait-and-see sentiment in the market intensified, and the overall transaction was poor. The transaction prices of PB fines in Shandong were mostly 815-828 yuan/mt, which was 2-10 yuan/mt lower than a day earlier. China’s iron ore import volume in May was 96.18 million mt, an increase of 6.3% month-on-month and 4% year-on-year. The growth was mainly due to recovering shipments after impact of seasonal factors faded. According to SMM data, Brazil's shipments increased significantly from April to May, while Australia’s shipments fluctuated slightly. In view of a shorter month and seasonal factor, SMM expects iron ore arrivals at Chinese ports to drop slightly in June. Considering that today's steel inventory and apparent demand may perform well, it is expected that ore prices may still fluctuate strongly today.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Tragedy of Electric Car Catching Fire Immediately After Collision In China’s Hangzhou City Renews Concerns Over Safety Of Nickel-Manganese-Cobalt (NMC 811) BatteryOil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelTightening Crackdowns Threaten To Tighten Iron Ore Supply In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearChina’s Lithium Carbonate Output Recovered Noticeably In May And On Track To Grow Further In June Amid Optimistic Market ExpectationsChina’s Lithium Hydroxide Output Poised To Recover Further In June With Market Betting On Demand Recovery For High-Nickel Ternary MaterialsANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelyFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
NO
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NO
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Imported Iron Ore Prices At Domestic Ports To Fluctuate Strongly As Steel Inventory And Apparent Demand May Perform WellSHANGHAI, Jun 8 (SMM) –The most-traded DCE 2309 iron ore contract was volatile yesterday, closing up 0.06% at 770 yuan/mt. Traders held offers firm, and steel mills restocked as needed. The wait-and-see sentiment in the market intensified, and the overall transaction was poor. The transaction prices of PB fines in Shandong were mostly 815-828 yuan/mt, which was 2-10 yuan/mt lower than a day earlier. China’s iron ore import volume in May was 96.18 million mt, an increase of 6.3% month-on-month and 4% year-on-year. The growth was mainly due to recovering shipments after impact of seasonal factors faded. According to SMM data, Brazil's shipments increased significantly from April to May, while Australia’s shipments fluctuated slightly. In view of a shorter month and seasonal factor, SMM expects iron ore arrivals at Chinese ports to drop slightly in June. Considering that today's steel inventory and apparent demand may perform well, it is expected that ore prices may still fluctuate strongly today.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Tragedy of Electric Car Catching Fire Immediately After Collision In China’s Hangzhou City Renews Concerns Over Safety Of Nickel-Manganese-Cobalt (NMC 811) BatteryOil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelTightening Crackdowns Threaten To Tighten Iron Ore Supply In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearChina’s Lithium Carbonate Output Recovered Noticeably In May And On Track To Grow Further In June Amid Optimistic Market ExpectationsChina’s Lithium Hydroxide Output Poised To Recover Further In June With Market Betting On Demand Recovery For High-Nickel Ternary MaterialsANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelyFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Rebar Prices To Go Up After Downward Corrections, Eyes Are On Friday’s CPI And PPISHANGHAI, Jun 8 (SMM) – Rebar futures prices closed down 0.93% at 3,621 yuan/mt yesterday. Spot prices in many regions dropped slightly amid weak demand. On the supply side, the profits of blast furnace steel mills have shrunk, thus some mills plan to undertake short-term maintenance. Electric furnace steel mills generally suffer steel scrap shortages and high costs, denting their production passion. On the demand side, a slight pullback in steel prices suppressed speculative demand. On the first day of the national college entrance examination, some cities restricted travel and work, thus terminal purchases slowed down, and transactions throughout the day were sluggish. Steel billet destocking in Tangshan continued. The peak of electricity consumption in summer is coming, thus the downward space for coal prices will be limited. The demand for iron ore is modest, forming cost support for steel prices. Macro sentiment has improved and may not turn pessimistic again in the short term. China’s net exports were unsatisfactory. Eyes are on CPI and PPI to be released on Friday. Rebar prices are expected to see downward corrections after recent rally and then go up. More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Tragedy of Electric Car Catching Fire Immediately After Collision In China’s Hangzhou City Renews Concerns Over Safety Of Nickel-Manganese-Cobalt (NMC 811) BatteryOil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelTightening Crackdowns Threaten To Tighten Iron Ore Supply In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearChina’s Lithium Carbonate Output Recovered Noticeably In May And On Track To Grow Further In June Amid Optimistic Market ExpectationsChina’s Lithium Hydroxide Output Poised To Recover Further In June With Market Betting On Demand Recovery For High-Nickel Ternary MaterialsANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelyFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
YES
|
YES
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Rebar Prices To Go Up After Downward Corrections, Eyes Are On Friday’s CPI And PPISHANGHAI, Jun 8 (SMM) – Rebar futures prices closed down 0.93% at 3,621 yuan/mt yesterday. Spot prices in many regions dropped slightly amid weak demand. On the supply side, the profits of blast furnace steel mills have shrunk, thus some mills plan to undertake short-term maintenance. Electric furnace steel mills generally suffer steel scrap shortages and high costs, denting their production passion. On the demand side, a slight pullback in steel prices suppressed speculative demand. On the first day of the national college entrance examination, some cities restricted travel and work, thus terminal purchases slowed down, and transactions throughout the day were sluggish. Steel billet destocking in Tangshan continued. The peak of electricity consumption in summer is coming, thus the downward space for coal prices will be limited. The demand for iron ore is modest, forming cost support for steel prices. Macro sentiment has improved and may not turn pessimistic again in the short term. China’s net exports were unsatisfactory. Eyes are on CPI and PPI to be released on Friday. Rebar prices are expected to see downward corrections after recent rally and then go up. More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Tragedy of Electric Car Catching Fire Immediately After Collision In China’s Hangzhou City Renews Concerns Over Safety Of Nickel-Manganese-Cobalt (NMC 811) BatteryOil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelTightening Crackdowns Threaten To Tighten Iron Ore Supply In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearChina’s Lithium Carbonate Output Recovered Noticeably In May And On Track To Grow Further In June Amid Optimistic Market ExpectationsChina’s Lithium Hydroxide Output Poised To Recover Further In June With Market Betting On Demand Recovery For High-Nickel Ternary MaterialsANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelyFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
China’s Steel Exports Jumped In May, In Contrast To Falling Exports Of Unwrought Aluminium &Aluminium Semis And Rare Earth China exported 475,367.8 mt of unwrought aluminium and aluminium semis in May, down 29.7% YoY. Export totalled 2,315,001 mt from January to May, a year-on-year drop of 20.2%.China exported 8.36 million mt of finished steel in May, up 7.7% YoY. The exports amounted to 36.36 million mt from January to May, a year-on-year increase of 40.9%.China exported 4,576 mt of rare earth in May, down 5.9% YoY. Export totalled 20,987.2 mt from January to May, a year-on-year drop of 4.4%.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Tragedy of Electric Car Catching Fire Immediately After Collision In China’s Hangzhou City Renews Concerns Over Safety Of Nickel-Manganese-Cobalt (NMC 811) BatteryOil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelTightening Crackdowns Threaten To Tighten Iron Ore Supply In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearChina’s Lithium Carbonate Output Recovered Noticeably In May And On Track To Grow Further In June Amid Optimistic Market ExpectationsChina’s Lithium Hydroxide Output Poised To Recover Further In June With Market Betting On Demand Recovery For High-Nickel Ternary MaterialsANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelyFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
### Response:
NO
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NO
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China’s Steel Exports Jumped In May, In Contrast To Falling Exports Of Unwrought Aluminium &Aluminium Semis And Rare Earth China exported 475,367.8 mt of unwrought aluminium and aluminium semis in May, down 29.7% YoY. Export totalled 2,315,001 mt from January to May, a year-on-year drop of 20.2%.China exported 8.36 million mt of finished steel in May, up 7.7% YoY. The exports amounted to 36.36 million mt from January to May, a year-on-year increase of 40.9%.China exported 4,576 mt of rare earth in May, down 5.9% YoY. Export totalled 20,987.2 mt from January to May, a year-on-year drop of 4.4%.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment Tragedy of Electric Car Catching Fire Immediately After Collision In China’s Hangzhou City Renews Concerns Over Safety Of Nickel-Manganese-Cobalt (NMC 811) BatteryOil Price Downturn To Reverse? Saudi Arabia 'Declares War' On Bears, Bulls Betting On $100/barrelChina’s Central Bank Makes Huge Cash Withdrawals TodayRumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power RationingDaily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically LowMoody's Says US Debt Crisis And Abuse Of Sanctions Will Threaten US Dollar’s DominanceSouth China Battles Power Crisis, The Worst This YearManufacturing PMI In Euro Zone And Germany Both Pick Up In May, But Still In Contraction TerritoryAluminium Ingot Inventories In China Fall To Alarmingly Low LevelTightening Crackdowns Threaten To Tighten Iron Ore Supply In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearChina’s Lithium Carbonate Output Recovered Noticeably In May And On Track To Grow Further In June Amid Optimistic Market ExpectationsChina’s Lithium Hydroxide Output Poised To Recover Further In June With Market Betting On Demand Recovery For High-Nickel Ternary MaterialsANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelyFor queries, please contact Michael Jiang at [email protected] For more information on how to access our research reports, please email [email protected]
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
India's finished steel exports decline m-o-m in May'23: JPCIndia's finished steel exports declined about 19% m-o-m to 0.693 million tonnes (mnt) in May 2023 compared with 0.855 mnt in April.
### Response:
YES
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YES
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India's finished steel exports decline m-o-m in May'23: JPCIndia's finished steel exports declined about 19% m-o-m to 0.693 million tonnes (mnt) in May 2023 compared with 0.855 mnt in April.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
India: Govt permits low-sulphur pet coke imports for steel productionDGFT allows low-sulphur pet coke blending of up to 10% in coke ovens. Sulphur level fixed at below 3% for integrated steel mills. High-quality coke to boost BF energy efficiency.
### Response:
YES
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YES
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India: Govt permits low-sulphur pet coke imports for steel productionDGFT allows low-sulphur pet coke blending of up to 10% in coke ovens. Sulphur level fixed at below 3% for integrated steel mills. High-quality coke to boost BF energy efficiency.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Mother Dairy reduces MRP of Dhara edible oils by Rs 10/litreMother Dairy reduces MRP of Dhara edible oils by Rs 10/litre Mother Dairy, which is a leading milk supplier in Delhi-NCR, on Thursday said it has reduced the maximum retail price (MRP) of its Dhara edible oils by Rs 10 per litre and the stocks with new rates will be available in the market from next week. The reduction in the MRP is in line with fall in prices of edible oils in the global market, the company said. 'The maximum retail price (MRP) of all variants of Dhara edible oils is being reduced by Rs 10 per litre on account of the continued decline in edible oil prices internationally and better availability of domestic crops such as mustard,' a company spokesperson said. The revised MRP stocks are slated to hit the market within a week, the spokesperson added. The new rate of Dhara refined Soyabean Oil will be Rs 140 per litre. Dhara Refined Ricebran Oil MRP has been cut to Rs 160 per litre. The new MRP of Dhara Refined Vegetable Oil will now be Rs 200 per litre. Dhara Kachi Ghani Mustard Oil will be available at Rs 160 per litre MRP, while Dhara Mustard Oil at Rs 158. Dhara Kachi Ghani Mustard Oil will be available at Rs 160 per litre MRP, while Dhara Mustard Oil at Rs 158. The MRP of Dhara Refined Sunflower Oil will now be Rs 150 per litre. Dhara groundnut oil will be sold at a MRP of Rs 230 per litre. Read More
### Response:
YES
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YES
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Mother Dairy reduces MRP of Dhara edible oils by Rs 10/litreMother Dairy reduces MRP of Dhara edible oils by Rs 10/litre Mother Dairy, which is a leading milk supplier in Delhi-NCR, on Thursday said it has reduced the maximum retail price (MRP) of its Dhara edible oils by Rs 10 per litre and the stocks with new rates will be available in the market from next week. The reduction in the MRP is in line with fall in prices of edible oils in the global market, the company said. 'The maximum retail price (MRP) of all variants of Dhara edible oils is being reduced by Rs 10 per litre on account of the continued decline in edible oil prices internationally and better availability of domestic crops such as mustard,' a company spokesperson said. The revised MRP stocks are slated to hit the market within a week, the spokesperson added. The new rate of Dhara refined Soyabean Oil will be Rs 140 per litre. Dhara Refined Ricebran Oil MRP has been cut to Rs 160 per litre. The new MRP of Dhara Refined Vegetable Oil will now be Rs 200 per litre. Dhara Kachi Ghani Mustard Oil will be available at Rs 160 per litre MRP, while Dhara Mustard Oil at Rs 158. Dhara Kachi Ghani Mustard Oil will be available at Rs 160 per litre MRP, while Dhara Mustard Oil at Rs 158. The MRP of Dhara Refined Sunflower Oil will now be Rs 150 per litre. Dhara groundnut oil will be sold at a MRP of Rs 230 per litre. Read More
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Paddy sowing delayed in Odisha due to lack of pre-monsoon showers, high temperatureThe absence of pre-monsoon rains has delayed the paddy sowing in this Kharif season in Odisha, according to local farmers. The sowing of the paddy generally starts in the eastern state from the last week of May and continues till the second week of June. The paddy sowing area in the state is around 30 per cent of the total 3.5 million hectares of paddy areas in the state. “We can’t sow the paddy seeds due to lack of pre-monsoon rain this year,” said Sameer Pradhan, a farmer in Ganjam district’s Sheragada block. Moreover, the temperature of the area was hovering around 35-38 degrees Celsius, he said. “We are very worried about the delay in the break of the monsoon, as predicted by weather scientists,” said Ranjan Rout, a farmer in Chandabali in Bhadrak district The monsoon generally hits the state on June 10-13, around 10-11 days after it hits Kerala. The India Meteorological Department announced that the much-awaited southwest monsoon arrived in Kerala on June 8, 2023. The southwest monsoon arrived in the southern state on May 29 in 2022, June 3 in 2021, June 1, 2020, June 8 in 2019 and May 29 in 2018, sources said. The southwest monsoon is expected to hit Odisha’s southern part between June 17 and 20, if the severe cyclonic storm Bipojoy over the Arabian sea continues its present form, said Sarat Chandra Sahu, Director, Center for Environment and Climate, SOA deemed to be University, Bhubaneswar. The cyclone has caused the delay in the onset of monsoon in Kerala, he said. The wind pattern around the cyclone could cause development of cloud and rain along the west coast of India, said Sahu. In 2022, the southwest monsoon had hit Odisha on June 16 in the southern districts and covered the entire state by June 20. Before the onset of the monsoon, the state experienced the pre-monsoon showers. This rainfall helped the farmers for first ploughing and sowing of the paddy, said Dillip Kumar Khuntia, a retired agriculture officer. This year, thunderstorms lashed isolated pockets of the eastern state in the last week of May and first week of June. But they did not help farmers start the agriculture operation, he said. Since the delay in sowing of the paddy due to the absence of the pre-monsoon rains, we suggested the farmers to sow the medium duration paddy seeds, instead of long-duration seeds, said Amaresh Khuntia, professor of agronomy, Odisha University of Agriculture and Technology, Bhubaneswar. He said the perspective of the Kharif crop this year in the state was difficult to predict at present. The Kharif activities would continue till September first week. We have to wait to observe the monsoon pattern and weather condition of the state. IMD however predicted the country is expected to get normal rainfall during the monsoon season despite the evolving El Nino condition. Odisha has produced a record quantity (13.606 million tonnes) of food-grains in 2022-23 — highest ever annual production for the state, official sources said. In the year 2020-21, 13.038 million tonnes of food grains were produced in the state In 2019-20 and 2016-17, the state produced 11.688 million tonnes and 11.682 million tonnes of food grains respectively, sources said. कृषि से जुड़ी सभी खबरें हिंदी में पढ़ें। Kharif Paddy paddy sowing Pre-monsoon showers monsoon Agriculture India Orissa (Odisha) Kerala Subscribe to Daily Newsletter : SUPPORT US We are a voice to you; you have been a support to us. Together we build journalism that is independent, credible and fearless. You can further help us by making a donation. This will mean a lot for our ability to bring you news, perspectives and analysis from the ground so that we can make change together. Post a Comment Please Sign In to post a comment. Comments are moderated and will be published only after the site moderator’s approval. Please use a genuine email ID and provide your name. Selected comments may also be used in the ‘Letters’ section of the Down To Earth print edition.
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YES
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YES
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Paddy sowing delayed in Odisha due to lack of pre-monsoon showers, high temperatureThe absence of pre-monsoon rains has delayed the paddy sowing in this Kharif season in Odisha, according to local farmers. The sowing of the paddy generally starts in the eastern state from the last week of May and continues till the second week of June. The paddy sowing area in the state is around 30 per cent of the total 3.5 million hectares of paddy areas in the state. “We can’t sow the paddy seeds due to lack of pre-monsoon rain this year,” said Sameer Pradhan, a farmer in Ganjam district’s Sheragada block. Moreover, the temperature of the area was hovering around 35-38 degrees Celsius, he said. “We are very worried about the delay in the break of the monsoon, as predicted by weather scientists,” said Ranjan Rout, a farmer in Chandabali in Bhadrak district The monsoon generally hits the state on June 10-13, around 10-11 days after it hits Kerala. The India Meteorological Department announced that the much-awaited southwest monsoon arrived in Kerala on June 8, 2023. The southwest monsoon arrived in the southern state on May 29 in 2022, June 3 in 2021, June 1, 2020, June 8 in 2019 and May 29 in 2018, sources said. The southwest monsoon is expected to hit Odisha’s southern part between June 17 and 20, if the severe cyclonic storm Bipojoy over the Arabian sea continues its present form, said Sarat Chandra Sahu, Director, Center for Environment and Climate, SOA deemed to be University, Bhubaneswar. The cyclone has caused the delay in the onset of monsoon in Kerala, he said. The wind pattern around the cyclone could cause development of cloud and rain along the west coast of India, said Sahu. In 2022, the southwest monsoon had hit Odisha on June 16 in the southern districts and covered the entire state by June 20. Before the onset of the monsoon, the state experienced the pre-monsoon showers. This rainfall helped the farmers for first ploughing and sowing of the paddy, said Dillip Kumar Khuntia, a retired agriculture officer. This year, thunderstorms lashed isolated pockets of the eastern state in the last week of May and first week of June. But they did not help farmers start the agriculture operation, he said. Since the delay in sowing of the paddy due to the absence of the pre-monsoon rains, we suggested the farmers to sow the medium duration paddy seeds, instead of long-duration seeds, said Amaresh Khuntia, professor of agronomy, Odisha University of Agriculture and Technology, Bhubaneswar. He said the perspective of the Kharif crop this year in the state was difficult to predict at present. The Kharif activities would continue till September first week. We have to wait to observe the monsoon pattern and weather condition of the state. IMD however predicted the country is expected to get normal rainfall during the monsoon season despite the evolving El Nino condition. Odisha has produced a record quantity (13.606 million tonnes) of food-grains in 2022-23 — highest ever annual production for the state, official sources said. In the year 2020-21, 13.038 million tonnes of food grains were produced in the state In 2019-20 and 2016-17, the state produced 11.688 million tonnes and 11.682 million tonnes of food grains respectively, sources said. कृषि से जुड़ी सभी खबरें हिंदी में पढ़ें। Kharif Paddy paddy sowing Pre-monsoon showers monsoon Agriculture India Orissa (Odisha) Kerala Subscribe to Daily Newsletter : SUPPORT US We are a voice to you; you have been a support to us. Together we build journalism that is independent, credible and fearless. You can further help us by making a donation. This will mean a lot for our ability to bring you news, perspectives and analysis from the ground so that we can make change together. Post a Comment Please Sign In to post a comment. Comments are moderated and will be published only after the site moderator’s approval. Please use a genuine email ID and provide your name. Selected comments may also be used in the ‘Letters’ section of the Down To Earth print edition.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Slumping Demand Drives Down the Fatty Alcohol Ethoxylates Prices in the US MarketThe ongoing economic structuring after the failure of two major banks in the late Q1 of 2023 in the US market has been impacting the market performance of major manufacturing sectors, including the surfactant and detergent sectors. The core inflation has been trending above the US Federal Reserve’s targeted levels and inching downwards at a slower pace, pressuring the trade activities of various specialty chemicals, like Fatty Alcohol Ethoxylates. Moreover, the ample availability of upstream Palm Oil in the major manufacturing nations, Indonesia and Malaysia, has led to price adjustments for its downstream derivatives like Fatty Alcohol, weakening the pricing dynamics of Fatty Alcohol Ethoxylates.
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YES
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YES
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Slumping Demand Drives Down the Fatty Alcohol Ethoxylates Prices in the US MarketThe ongoing economic structuring after the failure of two major banks in the late Q1 of 2023 in the US market has been impacting the market performance of major manufacturing sectors, including the surfactant and detergent sectors. The core inflation has been trending above the US Federal Reserve’s targeted levels and inching downwards at a slower pace, pressuring the trade activities of various specialty chemicals, like Fatty Alcohol Ethoxylates. Moreover, the ample availability of upstream Palm Oil in the major manufacturing nations, Indonesia and Malaysia, has led to price adjustments for its downstream derivatives like Fatty Alcohol, weakening the pricing dynamics of Fatty Alcohol Ethoxylates.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Risk to Grain Deal as Russia and Ukraine Confirm Damage to Ammonia PipelineUkraine: Kyiv and Moscow have reported significant damage to a pipeline that is used to transport Ammonia fertilizer from Russia to Ukraine, which could have serious complications for the Black Sea grain deal negotiations going forward. The Russian defense ministry stated that a 'Ukrainian sabotage group' had detonated an explosive device in a section of the pipeline on Monday night near the Kharkiv region's Masyutivka village. The village is situated along the frontline between Russian and Ukrainian troops, and because of this terrorist attack, there were casualties among civilians who received the necessary medical assistance, according to the Russian ministry.
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YES
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YES
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Risk to Grain Deal as Russia and Ukraine Confirm Damage to Ammonia PipelineUkraine: Kyiv and Moscow have reported significant damage to a pipeline that is used to transport Ammonia fertilizer from Russia to Ukraine, which could have serious complications for the Black Sea grain deal negotiations going forward. The Russian defense ministry stated that a 'Ukrainian sabotage group' had detonated an explosive device in a section of the pipeline on Monday night near the Kharkiv region's Masyutivka village. The village is situated along the frontline between Russian and Ukrainian troops, and because of this terrorist attack, there were casualties among civilians who received the necessary medical assistance, according to the Russian ministry.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Colloidal Silicon Dioxide Prices Show Decrease Trend Across the Global MarketThe global market for Colloidal Silicon Dioxide has been experiencing a decrease in prices in recent months. Several variables, including an increase in supply, a decline in demand, and a strengthening of the USD, are to blame for this. However, increasing supply is one of the main factors driving down Colloidal Silicon Dioxide prices across the globe. Colloidal Silicon Dioxide manufacturers have significantly increased in number in recent years. China, the world's largest producer of Colloidal Silicon Dioxide, increased its output in 2022. This led to increased global supply, which put downward pressure on prices.
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YES
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YES
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Colloidal Silicon Dioxide Prices Show Decrease Trend Across the Global MarketThe global market for Colloidal Silicon Dioxide has been experiencing a decrease in prices in recent months. Several variables, including an increase in supply, a decline in demand, and a strengthening of the USD, are to blame for this. However, increasing supply is one of the main factors driving down Colloidal Silicon Dioxide prices across the globe. Colloidal Silicon Dioxide manufacturers have significantly increased in number in recent years. China, the world's largest producer of Colloidal Silicon Dioxide, increased its output in 2022. This led to increased global supply, which put downward pressure on prices.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Additional Shipment of Russian Soybeans Energizes China's Trade SceneChina: A significant moment was marked on Friday as 271.6 tons of Russian soybeans arrived at Manzhouli Port situated in Inner Mongolia Autonomous Region, North China. The recent shipment of Russian Soybeans to China marked the debut of such transportation since the inception of the New Land Grain Corridor. This corridor links China with other countries under the Eurasian Union, including Russia.
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YES
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YES
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Additional Shipment of Russian Soybeans Energizes China's Trade SceneChina: A significant moment was marked on Friday as 271.6 tons of Russian soybeans arrived at Manzhouli Port situated in Inner Mongolia Autonomous Region, North China. The recent shipment of Russian Soybeans to China marked the debut of such transportation since the inception of the New Land Grain Corridor. This corridor links China with other countries under the Eurasian Union, including Russia.
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
India exploring investment in lithium mines overseas: Minister Pralhad JoshiIndia is exploring the possibility of investing in lithium mines overseas, and also commercial agreements with foreign governments and counties, Union Minister for Mines, Pralhad Joshi, said. These would mostly be long-term agreements; and are likely to be through the Khanij Bidesh India Ltd. – a joint venture of the Mines Ministry between National Aluminium Company Ltd (NALCO), Hindustan Copper Ltd. (HCL), and Mineral Exploration and Consultancy Ltd. Aluminium futures: Go long as ₹200-204 is a support bandRBI keeps policy repo rate unchanged at 6.5% with strong and resilient economyIPO screener: IKIO Lighting issue closes todayLithium, an alkali metal, is one of the key components in rechargeable batteries that find usage in mobiles, laptops, electric vehicles, and in medical devices like pacemakers. It is also used in energy storage solutions. While Argentina is one of the countries with which sourcing discussions are on, the other countries on the radar include Australia. Argentina is ranked among the main mineral reserves worldwide. Together with Chile and Bolivia, the northwest of the country forms the so-called “Lithium Triangle” and is currently the fourth largest producer and has the third largest world reserve of lithium. Australia is the top lithium producer globally. Apart from the Lithium Triangle nations, key producers include the USA and China. “KABIL is exploring commercial agreements with foreign governments and countries for sourcing lithium and critical minerals. These would be long-term agreements. So obviously, some of the details are under non-disclosure agreements,” he said while talking about the Ministry’s achievements between 2014 and 2023. India currently imports all major components that go into lithium-ion cell manufacturing. The country’s lithium-ion import bill for FY23 was ₹23,171 crore. It covers electric accumulators, including separators. In FY22, imports for lithium-ion were ₹13,673.15 crore. “We are focussed on securing critical mineral. Exploration of lithium and cobalt, along with other critical minerals are on,” Joshi said, adding that the Geographical Society of India (GSI) is already carrying out 100-odd projects in the country. The country’s largest and only lithium block discovery has been in the Salal Haimana area in the Resai district of Jammu & Kashmir. The inferred resource is to the tune of 5.9 million tonnes, mostly in rock form, and plans for auction of the blocks are underway by the State Government. The Ministry is in the process of working out the ASP or reserve price of these reserves. “For the field season 2023-24, the GSI is interested in taking up exploration and surveys in Uttarakhand and Himachal Pradesh. These are extensions of the Himalayan region and bearing topographical similarities of the J&K’s Resai district. Discussions are on. And details are being worked out,” a senior Ministry official said. Comments
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YES
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YES
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India exploring investment in lithium mines overseas: Minister Pralhad JoshiIndia is exploring the possibility of investing in lithium mines overseas, and also commercial agreements with foreign governments and counties, Union Minister for Mines, Pralhad Joshi, said. These would mostly be long-term agreements; and are likely to be through the Khanij Bidesh India Ltd. – a joint venture of the Mines Ministry between National Aluminium Company Ltd (NALCO), Hindustan Copper Ltd. (HCL), and Mineral Exploration and Consultancy Ltd. Aluminium futures: Go long as ₹200-204 is a support bandRBI keeps policy repo rate unchanged at 6.5% with strong and resilient economyIPO screener: IKIO Lighting issue closes todayLithium, an alkali metal, is one of the key components in rechargeable batteries that find usage in mobiles, laptops, electric vehicles, and in medical devices like pacemakers. It is also used in energy storage solutions. While Argentina is one of the countries with which sourcing discussions are on, the other countries on the radar include Australia. Argentina is ranked among the main mineral reserves worldwide. Together with Chile and Bolivia, the northwest of the country forms the so-called “Lithium Triangle” and is currently the fourth largest producer and has the third largest world reserve of lithium. Australia is the top lithium producer globally. Apart from the Lithium Triangle nations, key producers include the USA and China. “KABIL is exploring commercial agreements with foreign governments and countries for sourcing lithium and critical minerals. These would be long-term agreements. So obviously, some of the details are under non-disclosure agreements,” he said while talking about the Ministry’s achievements between 2014 and 2023. India currently imports all major components that go into lithium-ion cell manufacturing. The country’s lithium-ion import bill for FY23 was ₹23,171 crore. It covers electric accumulators, including separators. In FY22, imports for lithium-ion were ₹13,673.15 crore. “We are focussed on securing critical mineral. Exploration of lithium and cobalt, along with other critical minerals are on,” Joshi said, adding that the Geographical Society of India (GSI) is already carrying out 100-odd projects in the country. The country’s largest and only lithium block discovery has been in the Salal Haimana area in the Resai district of Jammu & Kashmir. The inferred resource is to the tune of 5.9 million tonnes, mostly in rock form, and plans for auction of the blocks are underway by the State Government. The Ministry is in the process of working out the ASP or reserve price of these reserves. “For the field season 2023-24, the GSI is interested in taking up exploration and surveys in Uttarakhand and Himachal Pradesh. These are extensions of the Himalayan region and bearing topographical similarities of the J&K’s Resai district. Discussions are on. And details are being worked out,” a senior Ministry official said. Comments
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
Crude oil futures decline as US petroleum product inventories riseCrude oil futures traded lower Thursday morning as the petroleum product inventories went up in the US.At 9.54 am, the August Brent oil futures were at $76.73, down by 0.29 per cent; and July crude oil futures on WTI were at $72.33, down by 0.28 per cent. June crude oil futures were trading at ₹5,981 on Multi Commodity Exchange (MCX) in the early deals against the previous close of ₹6,004, down by 0.38 per cent; and July futures were at ₹6,008 against the previous close of ₹6,033, down by 0.41 per cent. Petroleum status report by the US EIA (Energy Information Administration) for the week ending June 2, released on June 7, showed an increase in the inventories of petroleum products.Total motor gasoline inventories increased by 2.7 million barrels from last week. Both the finished gasoline and blending components inventories increased last week as well as distillate fuel by 5.1 million barrels. This increase in inventories raised concerns in the market over demand for products in US, which is a major consumer of oil globally. However, the crude oil inventories declined in the US during the period. The US commercial crude oil inventories (excluding those in the strategic petroleum reserve) decreased by 0.5 million barrels from the previous week. At 459.2 million barrels, the US crude oil inventories were 2 per cent below the five-year average for this time of year.Meanwhile, the US crude oil imports averaged 6.4 million barrels per day last week, a decrease of 817,000 barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.6 million barrels per day, 3.5 per cent higher than the same four-week period last year. June menthaoil futures were trading at ₹907.40 on MCX in the early deals against the previous close of ₹902, up by 0.60 per cent.On the National Commodities and Derivatives Exchange (NCDEX), June cottonseed oilcake contracts were trading at ₹2503 in the initial trading hour of Thursday morning against the previous close of ₹2542, down by 1.53 per cent. June dhaniya futures were trading at ₹5926 on NCDEX in the initial trading hour of Thursday morning against the previous close of ₹6002, down by 1.27 per cent. Comments
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YES
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Crude oil futures decline as US petroleum product inventories riseCrude oil futures traded lower Thursday morning as the petroleum product inventories went up in the US.At 9.54 am, the August Brent oil futures were at $76.73, down by 0.29 per cent; and July crude oil futures on WTI were at $72.33, down by 0.28 per cent. June crude oil futures were trading at ₹5,981 on Multi Commodity Exchange (MCX) in the early deals against the previous close of ₹6,004, down by 0.38 per cent; and July futures were at ₹6,008 against the previous close of ₹6,033, down by 0.41 per cent. Petroleum status report by the US EIA (Energy Information Administration) for the week ending June 2, released on June 7, showed an increase in the inventories of petroleum products.Total motor gasoline inventories increased by 2.7 million barrels from last week. Both the finished gasoline and blending components inventories increased last week as well as distillate fuel by 5.1 million barrels. This increase in inventories raised concerns in the market over demand for products in US, which is a major consumer of oil globally. However, the crude oil inventories declined in the US during the period. The US commercial crude oil inventories (excluding those in the strategic petroleum reserve) decreased by 0.5 million barrels from the previous week. At 459.2 million barrels, the US crude oil inventories were 2 per cent below the five-year average for this time of year.Meanwhile, the US crude oil imports averaged 6.4 million barrels per day last week, a decrease of 817,000 barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.6 million barrels per day, 3.5 per cent higher than the same four-week period last year. June menthaoil futures were trading at ₹907.40 on MCX in the early deals against the previous close of ₹902, up by 0.60 per cent.On the National Commodities and Derivatives Exchange (NCDEX), June cottonseed oilcake contracts were trading at ₹2503 in the initial trading hour of Thursday morning against the previous close of ₹2542, down by 1.53 per cent. June dhaniya futures were trading at ₹5926 on NCDEX in the initial trading hour of Thursday morning against the previous close of ₹6002, down by 1.27 per cent. Comments
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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction:
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
### Input:
PPG Launches Paint Films Solutions for Automotive and Industrial CustomersPPG announced that it will deliver paint and clear film solutions for automotive and industrial customers through PPG Advanced Surface Technologies, a new joint venture formed with entrotech, Inc., a provider of technology-driven film solutions. PPG retains a majority stake in the joint venture. Specific financial and ownership terms were not disclosed.
### Response:
YES
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YES
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PPG Launches Paint Films Solutions for Automotive and Industrial CustomersPPG announced that it will deliver paint and clear film solutions for automotive and industrial customers through PPG Advanced Surface Technologies, a new joint venture formed with entrotech, Inc., a provider of technology-driven film solutions. PPG retains a majority stake in the joint venture. Specific financial and ownership terms were not disclosed.
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