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Oil prices fall on US debt uncertaintyOil prices fall on US debt uncertainty Oil prices fell in early Asian trading on Thursday after uncertainty that the United States will avoid a debt default weighed against the prospect of further OPEC+ production cuts. Brent crude futures slipped 5 cents, or 0.1%, to $78.31 a barrel by 0042 GMT. U.S. West Texas Intermediate crude (WTI) fell 16 cents, or 0.2%, to $74.18. Some progress had been made but several issues remained unresolved in U.S. debt ceiling negotiations, House Speaker Kevin McCarthy said Thursday, as the deadline ticked closer to raise the federal government's $31.4 trillion borrowing limit or risk default. Negotiators for Democratic President Joe Biden and top congressional Republican Kevin McCarthy reconvened Wednesday at the White House to try to close a deal. Oil prices were also pressured by news that Britain's stubbornly high inflation rate fell by less than expected last month, according to official data that raised the chances of more interest rate hikes. Related stories Commodities Live: Copper prices at a six-month low | Silver prices declined by 8% in May Agri Picks Report May 24, 2023: Geojit Saudi warns speculators of more pain as OPEC+ meeting looms In the previous session, oil prices were supported by a warning from Saudi Arabia's energy minister that short-sellers betting oil prices will fall should 'watch out' for pain. Some investors took that as a signal that the Organization of Petroleum Exporting Countries and allies including Russia, together called OPEC+, could consider further output cuts at a meeting on June 4. Oil was also supported by an unexpected, massive fall in U.S. crude oil inventories in the week to May 19, reported by the Energy Information Administration on Wednesday. Read More

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: Oil prices fall on US debt uncertaintyOil prices fall on US debt uncertainty Oil prices fell in early Asian trading on Thursday after uncertainty that the United States will avoid a debt default weighed against the prospect of further OPEC+ production cuts. Brent crude futures slipped 5 cents, or 0.1%, to $78.31 a barrel by 0042 GMT. U.S. West Texas Intermediate crude (WTI) fell 16 cents, or 0.2%, to $74.18. Some progress had been made but several issues remained unresolved in U.S. debt ceiling negotiations, House Speaker Kevin McCarthy said Thursday, as the deadline ticked closer to raise the federal government's $31.4 trillion borrowing limit or risk default. Negotiators for Democratic President Joe Biden and top congressional Republican Kevin McCarthy reconvened Wednesday at the White House to try to close a deal. Oil prices were also pressured by news that Britain's stubbornly high inflation rate fell by less than expected last month, according to official data that raised the chances of more interest rate hikes. Related stories Commodities Live: Copper prices at a six-month low | Silver prices declined by 8% in May Agri Picks Report May 24, 2023: Geojit Saudi warns speculators of more pain as OPEC+ meeting looms In the previous session, oil prices were supported by a warning from Saudi Arabia's energy minister that short-sellers betting oil prices will fall should 'watch out' for pain. Some investors took that as a signal that the Organization of Petroleum Exporting Countries and allies including Russia, together called OPEC+, could consider further output cuts at a meeting on June 4. Oil was also supported by an unexpected, massive fall in U.S. crude oil inventories in the week to May 19, reported by the Energy Information Administration on Wednesday. Read More ### Response: YES

NO

Oil prices gain 2% on falling U.S. stockpiles, Saudi warningcrude oil Oil prices rose about 2% on Wednesday, after a large unexpected drawdown in U.S. crude inventories and a warning from the Saudi energy minister that raised the prospect of further OPEC+ production cuts. Brent crude futures rose $1.40, or 1.8%, to $78.24 a barrel by 10:51 a.m. EDT (1451 GMT) while U.S. West Texas Intermediate crude (WTI) gained $1.48, or 2%, to $74.39. U.S. crude inventories posted a massive surprise drawdown, falling by 12.5 million barrels last week to 455.2 million barrels, the Energy Information Administration said on Wednesday. Analysts had expected an 800,000-barrel rise. Fuel stockpiles also fell. U.S. gasoline stocks dropped by 2.1 million barrels in the week to 216.3 million barrels, the EIA said, while distillate stockpiles fell by 600,000 barrels in the week to 105.7 million barrels. The U.S. Memorial Day holiday, this year on May 29, traditionally marks the beginning of the peak summer travel season and higher fuel demand. Related stories US action on short-sellers likely in 'next few months': DOJ official Dollar gains on resilient U.S. economy, flight to safety 'Refiners are absolutely going max out with refinery runs right now, trying to keep up with demand,' said Phil Flynn, an analyst at Price Futures Group. 'Oil prices have been so focused on the debt ceiling and interest rates, but really they haven't focused on the supply and demand side which has tightened in the last couple of weeks.' Saudi Arabia's energy minister said short-sellers – those betting that prices will fall – should 'watch out' for pain. Some investors took that as a signal that the Organization of Petroleum Exporting Countries and allies including Russia, a group known as OPEC+, could consider further output cuts at a meeting on June 4. 'Oil prices are trading higher … buoyed by the latest short-seller warning from Saudi Arabia,' said OANDA senior market analyst Craig Erlam. '(But) if past experience is anything to go by, traders may be tempted to call his bluff.' Weighing on broader markets, another round of debt ceiling talks ended on Tuesday with no signs of progress as the deadline to raise the government's borrowing limit or risk default ticked closer. [MKTS/GLOB] Negotiators for Democratic President Joe Biden and Republican Speaker Kevin McCarthy were expected to reconvene on Wednesday morning, a source familiar with the matter said. Price rises were also capped by news that Britain's stubbornly high inflation rate fell by less than expected last month, according to official data that raised the chances of more interest rate hikes. Read More

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: Oil prices gain 2% on falling U.S. stockpiles, Saudi warningcrude oil Oil prices rose about 2% on Wednesday, after a large unexpected drawdown in U.S. crude inventories and a warning from the Saudi energy minister that raised the prospect of further OPEC+ production cuts. Brent crude futures rose $1.40, or 1.8%, to $78.24 a barrel by 10:51 a.m. EDT (1451 GMT) while U.S. West Texas Intermediate crude (WTI) gained $1.48, or 2%, to $74.39. U.S. crude inventories posted a massive surprise drawdown, falling by 12.5 million barrels last week to 455.2 million barrels, the Energy Information Administration said on Wednesday. Analysts had expected an 800,000-barrel rise. Fuel stockpiles also fell. U.S. gasoline stocks dropped by 2.1 million barrels in the week to 216.3 million barrels, the EIA said, while distillate stockpiles fell by 600,000 barrels in the week to 105.7 million barrels. The U.S. Memorial Day holiday, this year on May 29, traditionally marks the beginning of the peak summer travel season and higher fuel demand. Related stories US action on short-sellers likely in 'next few months': DOJ official Dollar gains on resilient U.S. economy, flight to safety 'Refiners are absolutely going max out with refinery runs right now, trying to keep up with demand,' said Phil Flynn, an analyst at Price Futures Group. 'Oil prices have been so focused on the debt ceiling and interest rates, but really they haven't focused on the supply and demand side which has tightened in the last couple of weeks.' Saudi Arabia's energy minister said short-sellers – those betting that prices will fall – should 'watch out' for pain. Some investors took that as a signal that the Organization of Petroleum Exporting Countries and allies including Russia, a group known as OPEC+, could consider further output cuts at a meeting on June 4. 'Oil prices are trading higher … buoyed by the latest short-seller warning from Saudi Arabia,' said OANDA senior market analyst Craig Erlam. '(But) if past experience is anything to go by, traders may be tempted to call his bluff.' Weighing on broader markets, another round of debt ceiling talks ended on Tuesday with no signs of progress as the deadline to raise the government's borrowing limit or risk default ticked closer. [MKTS/GLOB] Negotiators for Democratic President Joe Biden and Republican Speaker Kevin McCarthy were expected to reconvene on Wednesday morning, a source familiar with the matter said. Price rises were also capped by news that Britain's stubbornly high inflation rate fell by less than expected last month, according to official data that raised the chances of more interest rate hikes. Read More ### Response: NO

YES

India could consider broken rice shipments through diplomatic dealsrice India could consider supplying broken rice to other countries only through diplomatic channels, the Directorate General of Foreign Trade, an arm of the trade ministry, said in an order on Wednesday. India banned overseas shipments of broken rice and imposed a 20% duty on exports of various other grades in September 2022 amid concern over production because of below-average monsoon rainfall in key growing states. China was the biggest buyer of India's broken rice, with purchases of 1.1 million tonnes in 2021. Beijing used to import that variety mainly for feed purposes. Though India might consider requests for supplies of broken rice to some countries case by case, New Delhi does not plan to lift the ban on broken rice exports, a government source said. A 90% likelihood of an El Nino weather pattern developing during this year's June-September monsoon season has raised the possibility of less than normal rain in 2023. Monsoon rains are critical for rice output in India. Read More

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: India could consider broken rice shipments through diplomatic dealsrice India could consider supplying broken rice to other countries only through diplomatic channels, the Directorate General of Foreign Trade, an arm of the trade ministry, said in an order on Wednesday. India banned overseas shipments of broken rice and imposed a 20% duty on exports of various other grades in September 2022 amid concern over production because of below-average monsoon rainfall in key growing states. China was the biggest buyer of India's broken rice, with purchases of 1.1 million tonnes in 2021. Beijing used to import that variety mainly for feed purposes. Though India might consider requests for supplies of broken rice to some countries case by case, New Delhi does not plan to lift the ban on broken rice exports, a government source said. A 90% likelihood of an El Nino weather pattern developing during this year's June-September monsoon season has raised the possibility of less than normal rain in 2023. Monsoon rains are critical for rice output in India. Read More ### Response: YES

YES

Govt amends green energy open access rules for wider access to renewable powerWhile the latest amendment was notified on May 23, the first amendment was notified on January 27 this year. The Union government amended the green energy open access rules for the second time, in which it changed the name of the regulation to Electricity (Promoting Renewable Energy Through Green Energy Open Access) (Second Amendment) Rules, 2023. While the latest amendment was notified on May 23, the first amendment was notified on January 27 this year. Under the latest rules, the government has allowed green energy open access to any consumer and the limit of the Open Access Transaction has been reduced from 1 MW to 100 kW for green energy, to enable small consumers also to purchase renewable power through open access. 'Provided that only consumers who have contracted demand or sanctioned load of 100 kW or more, either through single connection or through multiple connections aggregating 100 kW or more located in same electricity division of a distribution licensee, shall be eligible to take power through Green Energy Open Access and there shall be no limit of supply of power for the captive consumers taking power under Green Energy Open Access,' read the latest amendment. The government also extended the scheme to offer a waiver of surcharge for electricity generated through offshore wind by seven years - from 2025 to 2032.  “Provided also that additional surcharge shall not be applicable in case electricity produced from offshore wind projects, which are commissioned up to December, 2032 and supplied to the Open Access Consumers,' read the notification. Related stories PowerWatch: Peak power demand on May 23 breaches previous high PowerWatch | India's power demand soars to record high, exceeding previous peaks Value unlocking plan still on for renewable energy arm, says NTPC This is a change from the first amendment notified in January this year, in which the waiver of surcharge was to be offered to only those offshore wind  projects that are commissioned up to 2025. Currently, India has no offshore wind project. However, the government is likely to float the first tender on offshore wind soon. 'Green Energy Open Access Rules are a major step towards India going green and cutting emissions by 45 percent in line with India’s updated NDC target for 2030. It will also help bring down power cost significantly. I want you all to take advantage of the new rules and work with a vision to leave behind a greener planet for future generations,' Union minister for power and renewable energy, RK Singh, told industry stakeholders in a meeting held on May 13. Read More

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: Govt amends green energy open access rules for wider access to renewable powerWhile the latest amendment was notified on May 23, the first amendment was notified on January 27 this year. The Union government amended the green energy open access rules for the second time, in which it changed the name of the regulation to Electricity (Promoting Renewable Energy Through Green Energy Open Access) (Second Amendment) Rules, 2023. While the latest amendment was notified on May 23, the first amendment was notified on January 27 this year. Under the latest rules, the government has allowed green energy open access to any consumer and the limit of the Open Access Transaction has been reduced from 1 MW to 100 kW for green energy, to enable small consumers also to purchase renewable power through open access. 'Provided that only consumers who have contracted demand or sanctioned load of 100 kW or more, either through single connection or through multiple connections aggregating 100 kW or more located in same electricity division of a distribution licensee, shall be eligible to take power through Green Energy Open Access and there shall be no limit of supply of power for the captive consumers taking power under Green Energy Open Access,' read the latest amendment. The government also extended the scheme to offer a waiver of surcharge for electricity generated through offshore wind by seven years - from 2025 to 2032.  “Provided also that additional surcharge shall not be applicable in case electricity produced from offshore wind projects, which are commissioned up to December, 2032 and supplied to the Open Access Consumers,' read the notification. Related stories PowerWatch: Peak power demand on May 23 breaches previous high PowerWatch | India's power demand soars to record high, exceeding previous peaks Value unlocking plan still on for renewable energy arm, says NTPC This is a change from the first amendment notified in January this year, in which the waiver of surcharge was to be offered to only those offshore wind  projects that are commissioned up to 2025. Currently, India has no offshore wind project. However, the government is likely to float the first tender on offshore wind soon. 'Green Energy Open Access Rules are a major step towards India going green and cutting emissions by 45 percent in line with India’s updated NDC target for 2030. It will also help bring down power cost significantly. I want you all to take advantage of the new rules and work with a vision to leave behind a greener planet for future generations,' Union minister for power and renewable energy, RK Singh, told industry stakeholders in a meeting held on May 13. Read More ### Response: YES

YES

ACC and Ambuja Cement launches Cement & Concrete Research Development facilityACC and Ambuja Cement launches Cement & Concrete Research Development facility ACC Ambuja Cements Trade Watchlist Portfolio Message Set Alert     NSElive bselive nselive 24 May, 2023 15:59 1,780.40 -39.05 (-2.15%) Volume 736922 Todays L/H 1,776.051,829.00 More × Adani Group-owned ACC and Ambuja Cement have launched a Cement and Concrete Research & Development facility at Kalamboli, Navi Mumbai. The newly established R&D facility will help Ambuja and ACC drive progress, enhance cost optimization, and create sustainable solutions to shape the future of the cement industry, said a statement. A focus on new product development, productivity enhancement, reduction in energy consumption and environmental impact have been major drivers for the establishment of the R&D facility, it added. 'Our new R&D facility is our reinforcement towards our collective commitment to pushing boundaries, driving innovation, and addressing industry challenges,' said Ajay Kapur, CEO, Cement Business. Read More

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: ACC and Ambuja Cement launches Cement & Concrete Research Development facilityACC and Ambuja Cement launches Cement & Concrete Research Development facility ACC Ambuja Cements Trade Watchlist Portfolio Message Set Alert     NSElive bselive nselive 24 May, 2023 15:59 1,780.40 -39.05 (-2.15%) Volume 736922 Todays L/H 1,776.051,829.00 More × Adani Group-owned ACC and Ambuja Cement have launched a Cement and Concrete Research & Development facility at Kalamboli, Navi Mumbai. The newly established R&D facility will help Ambuja and ACC drive progress, enhance cost optimization, and create sustainable solutions to shape the future of the cement industry, said a statement. A focus on new product development, productivity enhancement, reduction in energy consumption and environmental impact have been major drivers for the establishment of the R&D facility, it added. 'Our new R&D facility is our reinforcement towards our collective commitment to pushing boundaries, driving innovation, and addressing industry challenges,' said Ajay Kapur, CEO, Cement Business. Read More ### Response: YES

YES

Suzlon bags 300 MW wind energy project from Torrent PowerNew Delhi: Renewable energy solution provider Suzlon on Wednesday said it has bagged a 300 MW wind energy project from Torrent Power. However, the company did not disclose the value of the order. 'Suzlon Group has bagged a significantly large order for its new 3 MW series of wind turbines to develop a 300 MW wind power project for Torrent Power,' a statement said. Suzlon will install 100 wind turbine generators with a hybrid lattice tubular tower and a rated capacity of 3 MW each. The project is located in Karnataka and expected to be commissioned in 2025. As part of the agreement, Suzlon will supply the wind turbines, provide land and execute the project, including erection and commissioning. Suzlon will also provide comprehensive operations and maintenance services post commissioning. Advt Girish Tanti, Vice Chairman, Suzlon Group, said, 'Suzlon and Torrent have a long association of building several wind energy projects over the years. We are delighted to further strengthen this partnership with deployment of our most powerful turbine technology via the new 3 MW series.' Torrent Power won this project through competitive bidding in SECI Tranche XII and entered the PPA (power purchase agreement) in March 2023. PTI Published On May 24, 2023 at 02:10 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 suzlon torrent power suzlon group seci tranche xii ppa girish tanti new delhi renewable karnataka Home News Renewable Suzlon bags 300 MW wind energy project from Torrent Power

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: Suzlon bags 300 MW wind energy project from Torrent PowerNew Delhi: Renewable energy solution provider Suzlon on Wednesday said it has bagged a 300 MW wind energy project from Torrent Power. However, the company did not disclose the value of the order. 'Suzlon Group has bagged a significantly large order for its new 3 MW series of wind turbines to develop a 300 MW wind power project for Torrent Power,' a statement said. Suzlon will install 100 wind turbine generators with a hybrid lattice tubular tower and a rated capacity of 3 MW each. The project is located in Karnataka and expected to be commissioned in 2025. As part of the agreement, Suzlon will supply the wind turbines, provide land and execute the project, including erection and commissioning. Suzlon will also provide comprehensive operations and maintenance services post commissioning. Advt Girish Tanti, Vice Chairman, Suzlon Group, said, 'Suzlon and Torrent have a long association of building several wind energy projects over the years. We are delighted to further strengthen this partnership with deployment of our most powerful turbine technology via the new 3 MW series.' Torrent Power won this project through competitive bidding in SECI Tranche XII and entered the PPA (power purchase agreement) in March 2023. PTI Published On May 24, 2023 at 02:10 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 suzlon torrent power suzlon group seci tranche xii ppa girish tanti new delhi renewable karnataka Home News Renewable Suzlon bags 300 MW wind energy project from Torrent Power ### Response: YES

YES

Vizianagaram: Sugarcane farmers shifting to other crops cultivation amid rising costsRepresentational Image Vizianagaram, Andhra Pradesh: Sugarcane farmers are turning away from cane cultivation in the district due to lower demand and rising input costs, reports The Hindu. Two sugar mills from the district namely Bhimasingi Cooperative sugar mill and NCS Sugars, a private mill have stopped their operations due to continuous losses and less availability of cane for crushing. The cane farmers are sending their cane to a private sugar mill located on Rajam-Palakonda road but they have to bear heavy transport costs as the mill is located far away. The area under cane cultivation has dropped from earlier 20,000 hectares to 4,505 hectares in 2022 and is likely to lower to 3,500 hectares in the 2023 Kharif season, said experts and farmers. Earlier farmers were attracted to cane cultivation as they were getting getting higher price as compare to paddy cultivation. But they are now turning away from cane cultivation as the input costs have been increased and they are not getting good returns. The government is taking steps to ensure that farmers get better prices for cane by holding talks with the mill management, said district Joint Director of Agriculture V.T. Ramarao.

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: Vizianagaram: Sugarcane farmers shifting to other crops cultivation amid rising costsRepresentational Image Vizianagaram, Andhra Pradesh: Sugarcane farmers are turning away from cane cultivation in the district due to lower demand and rising input costs, reports The Hindu. Two sugar mills from the district namely Bhimasingi Cooperative sugar mill and NCS Sugars, a private mill have stopped their operations due to continuous losses and less availability of cane for crushing. The cane farmers are sending their cane to a private sugar mill located on Rajam-Palakonda road but they have to bear heavy transport costs as the mill is located far away. The area under cane cultivation has dropped from earlier 20,000 hectares to 4,505 hectares in 2022 and is likely to lower to 3,500 hectares in the 2023 Kharif season, said experts and farmers. Earlier farmers were attracted to cane cultivation as they were getting getting higher price as compare to paddy cultivation. But they are now turning away from cane cultivation as the input costs have been increased and they are not getting good returns. The government is taking steps to ensure that farmers get better prices for cane by holding talks with the mill management, said district Joint Director of Agriculture V.T. Ramarao. ### Response: YES

YES

Sugarcane farmers worry amid water level dip in KRSMandya: The water level at the Krishnarajasagar (KRS) reservoir has dipped to 82.94 feet on Tuesday creating concerns among cane farmers in the region, reports The Times of India. The water level during the corresponding period last year was 104.58 feet. The lower water level in the dam may affect sugarcane crops in the region. “Farmers are already suffering losses as they are not earning any profit out of crops. If there is no rainfall in the next few weeks the cane and paddy farmers will suffer losses,” said Karnataka Rajya Raitha Sangha’s Mandya district president Kempegowda.

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: Sugarcane farmers worry amid water level dip in KRSMandya: The water level at the Krishnarajasagar (KRS) reservoir has dipped to 82.94 feet on Tuesday creating concerns among cane farmers in the region, reports The Times of India. The water level during the corresponding period last year was 104.58 feet. The lower water level in the dam may affect sugarcane crops in the region. “Farmers are already suffering losses as they are not earning any profit out of crops. If there is no rainfall in the next few weeks the cane and paddy farmers will suffer losses,” said Karnataka Rajya Raitha Sangha’s Mandya district president Kempegowda. ### Response: YES

NO

Maharashtra: Sugar mills clear 96.28 per cent FRPRepresentational Image Pune: In a proactive move, sugar mills in Maharashtra are expediting the sugarcane payments. According to data released by the sugar commissionerate, out of the 210 sugar mills involved in this season’s cane crushing operations, 105 mills have already settled 100% of their cane dues by May 15, 2023. Another 79 mills have cleared between 80% to 99% of the outstanding dues, while 16 mills have paid off 60% to 79% of the dues. Ten mills are in the process of clearing dues ranging from 0% to 60%. As of now, sugar mills in the state have settled Rs 32,233 crore (96.28%) out of the total outstanding dues of Rs 33,477 crore (Including H&T) owed to cane farmers. However, pending amount of Rs 1,244 crore is yet to be paid to farmers. In response to non-compliance, the government has taken action against nine sugar mills under the Recovery of Revenue Certificates (RRC) mechanism. It is important for the mills to fulfill their financial obligations to the cane farmers, and the government is actively monitoring the situation. During the current season, sugar mills in Maharashtra have produced a total of 105 lakh tonnes of sugar by crushing 1,053.66 lakh tonnes of sugarcane.

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: Maharashtra: Sugar mills clear 96.28 per cent FRPRepresentational Image Pune: In a proactive move, sugar mills in Maharashtra are expediting the sugarcane payments. According to data released by the sugar commissionerate, out of the 210 sugar mills involved in this season’s cane crushing operations, 105 mills have already settled 100% of their cane dues by May 15, 2023. Another 79 mills have cleared between 80% to 99% of the outstanding dues, while 16 mills have paid off 60% to 79% of the dues. Ten mills are in the process of clearing dues ranging from 0% to 60%. As of now, sugar mills in the state have settled Rs 32,233 crore (96.28%) out of the total outstanding dues of Rs 33,477 crore (Including H&T) owed to cane farmers. However, pending amount of Rs 1,244 crore is yet to be paid to farmers. In response to non-compliance, the government has taken action against nine sugar mills under the Recovery of Revenue Certificates (RRC) mechanism. It is important for the mills to fulfill their financial obligations to the cane farmers, and the government is actively monitoring the situation. During the current season, sugar mills in Maharashtra have produced a total of 105 lakh tonnes of sugar by crushing 1,053.66 lakh tonnes of sugarcane. ### Response: NO

YES

UP attracts Rs 5,400 crore investments to set greenfield alcohol distillation...The Uttar Pradesh government has successfully attracted investments exceeding Rs 5,400 crore for the establishment of 31 greenfield alcohol distillation plants across the state, reports Projects Today. The total distillation capacity of these plants is around 1.45 billion litres and so far 18 plants have started operations with a capacity of 968 million litres. These plants would generate employment opportunities for 8,268 people. At the same time, the 38 existing distilleries in the state have also increased their capacity by 592 million litres in the last four years.

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: UP attracts Rs 5,400 crore investments to set greenfield alcohol distillation...The Uttar Pradesh government has successfully attracted investments exceeding Rs 5,400 crore for the establishment of 31 greenfield alcohol distillation plants across the state, reports Projects Today. The total distillation capacity of these plants is around 1.45 billion litres and so far 18 plants have started operations with a capacity of 968 million litres. These plants would generate employment opportunities for 8,268 people. At the same time, the 38 existing distilleries in the state have also increased their capacity by 592 million litres in the last four years. ### Response: YES

YES

Decreased Raw Material Costs Drive Down Nitric Acid Prices Across the German MarketThe German market for Nitric Acid has observed declining demand from domestic and international markets in recent weeks. The stable demand has likely contributed to the stability of Nitric Acid prices in the German market. Additionally, the decline in raw material prices has supported the price trend for Nitric Acid during this week.

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: Decreased Raw Material Costs Drive Down Nitric Acid Prices Across the German MarketThe German market for Nitric Acid has observed declining demand from domestic and international markets in recent weeks. The stable demand has likely contributed to the stability of Nitric Acid prices in the German market. Additionally, the decline in raw material prices has supported the price trend for Nitric Acid during this week. ### Response: YES

YES

Retarding Demand from the Downstream Sector Drags Magnesium Chloride Prices in the USMagnesium Chloride prices dwindled in the US market amidst the weak demand from end-use manufacturing units that is food, agricultural, and other minor services. The lower Magnesium chloride inquiries dragged the overall demand outlook for the product as the consumer prices climbed again in the previous month in the US. The interest rate continued to remain on the higher edge in the fifth month of 2023 while underlying inflation remained high, indicating that further decreases in inflation are likely to be slow and uneven in the country. As the contractors felt the pressure to gain higher profits amidst the slow demand from the downstream (construction and fertilizer) sector, the overall price dynamics of Magnesium Chloride remained on the lower edge, and price quotations ranged between USD 500-540 per MT, FOB Texas.

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: Retarding Demand from the Downstream Sector Drags Magnesium Chloride Prices in the USMagnesium Chloride prices dwindled in the US market amidst the weak demand from end-use manufacturing units that is food, agricultural, and other minor services. The lower Magnesium chloride inquiries dragged the overall demand outlook for the product as the consumer prices climbed again in the previous month in the US. The interest rate continued to remain on the higher edge in the fifth month of 2023 while underlying inflation remained high, indicating that further decreases in inflation are likely to be slow and uneven in the country. As the contractors felt the pressure to gain higher profits amidst the slow demand from the downstream (construction and fertilizer) sector, the overall price dynamics of Magnesium Chloride remained on the lower edge, and price quotations ranged between USD 500-540 per MT, FOB Texas. ### Response: YES

YES

Glutamic Acid Shows a Confident Market Outlook in Asia Throughout Q1 2023At the start of Q1 2023, Glutamic Acid prices across the Chinese provinces were observed to increase under the influence of several factors, including consistent demand, moderate supply, and increased prices for raw material sugarcane bagasse and palm waste.

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: Glutamic Acid Shows a Confident Market Outlook in Asia Throughout Q1 2023At the start of Q1 2023, Glutamic Acid prices across the Chinese provinces were observed to increase under the influence of several factors, including consistent demand, moderate supply, and increased prices for raw material sugarcane bagasse and palm waste. ### Response: YES

YES

Aggressive Imports and Lackluster Demand Decline the Global Iso-Butanol PricesShanghai, China- Asian market witnesses plentiful Iso-Butanol offers amid weak demand and deterred market fundamentals this week. The falling spot market in the region, adequate stocks at significant producing units, and slow economies across the vicinity led to significant weak cost support for Iso-Butanol.

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: Aggressive Imports and Lackluster Demand Decline the Global Iso-Butanol PricesShanghai, China- Asian market witnesses plentiful Iso-Butanol offers amid weak demand and deterred market fundamentals this week. The falling spot market in the region, adequate stocks at significant producing units, and slow economies across the vicinity led to significant weak cost support for Iso-Butanol. ### Response: YES

YES

Ministry of Coal extends last date for submission of bids till 27th June for ongoing 7th round of Commercial Coal Mine auctionsThe Ministry of Coal has extended the last date for submission of bids till 27th of next month for the ongoing 7th round of Commercial Coal Mine auctions, which was 30th of this month earlier.

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: Ministry of Coal extends last date for submission of bids till 27th June for ongoing 7th round of Commercial Coal Mine auctionsThe Ministry of Coal has extended the last date for submission of bids till 27th of next month for the ongoing 7th round of Commercial Coal Mine auctions, which was 30th of this month earlier. ### Response: YES

YES

India's coal production grows 47% to 893.08 MT during last nine years, says Coal Ministry India's overall coal production has gone up by 47% to 893.08 million tonnes (MT) during the last nine years, and supply has touched 877.74 million tonne recording 45.37% growth, the Ministry of Coal said on Wednesday. Coal production of 893.08 MT in 2022-23 was the highest in the history of the country, the ministry added. As per ‘finalised Action Plan for 2023-24’, the coal production target for financial year 2023-24 is 1012 million tonne by enhancing overall production, efficiency, sustainability and adopting new technologies, the coal ministry said. During FY 2022-23, the coal ministry signed agreements for a total of 23 coal mines having cumulative peak rated capacity (PRC) of 33.224 MT per annum. Considering good response received for the 6th round of commercial auctions, it is expected that 25 coal mines will be allocated during FY 2023-24 for commercial mining. Separately, the ministry today extended the last date to submit bids under the 7th round of commercial coal auctions till June 27, 2023. The government had earlier fixed May 30 as the last date to submit bids for the 106 coal mines that were put on the block in the latest round of auctions.  'In view of requests received from a large number of potential bidders, it has extended the last date for bid submission by 28 days and now the last date for bid submission for the seventh round of auctions is 27.06.2023 which was 30.5.2023 earlier,' the coal ministry said in a statement. The ministry further said that so far 133 mines with cumulative peak rated capacity (PRC) of 540 million tonne per annum (MTPA) have been allocated/auctioned.  The ministry said it has targeted 162 MT production from captive/commercial mines during ongoing financial year.  

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: India's coal production grows 47% to 893.08 MT during last nine years, says Coal Ministry India's overall coal production has gone up by 47% to 893.08 million tonnes (MT) during the last nine years, and supply has touched 877.74 million tonne recording 45.37% growth, the Ministry of Coal said on Wednesday. Coal production of 893.08 MT in 2022-23 was the highest in the history of the country, the ministry added. As per ‘finalised Action Plan for 2023-24’, the coal production target for financial year 2023-24 is 1012 million tonne by enhancing overall production, efficiency, sustainability and adopting new technologies, the coal ministry said. During FY 2022-23, the coal ministry signed agreements for a total of 23 coal mines having cumulative peak rated capacity (PRC) of 33.224 MT per annum. Considering good response received for the 6th round of commercial auctions, it is expected that 25 coal mines will be allocated during FY 2023-24 for commercial mining. Separately, the ministry today extended the last date to submit bids under the 7th round of commercial coal auctions till June 27, 2023. The government had earlier fixed May 30 as the last date to submit bids for the 106 coal mines that were put on the block in the latest round of auctions.  'In view of requests received from a large number of potential bidders, it has extended the last date for bid submission by 28 days and now the last date for bid submission for the seventh round of auctions is 27.06.2023 which was 30.5.2023 earlier,' the coal ministry said in a statement. The ministry further said that so far 133 mines with cumulative peak rated capacity (PRC) of 540 million tonne per annum (MTPA) have been allocated/auctioned.  The ministry said it has targeted 162 MT production from captive/commercial mines during ongoing financial year.   ### Response: YES

YES

India to become major exporter of green hydrogen by 2040: Puri New Delhi: Union minister for petroleum and natural gas Hardeep Singh Puri on Wednesday said that India will turn into as a major green hydrogen hub and exporter by 2040, catering to both domestic and global demand. Speaking at the CII Annual Session 2023, the minister said that the energy demand in the country would continue to grow at a rapid pace for the next 20 years, and energy demand in India would account for 25% of the global demand growth during the period.    He also said that along with the growth in cleaner fuels, the exploration and production of oil and gas in the country also would go up “exponentially'. Citing the recent decision of OPEC and its allies, commonly known as OPEC+, to go ahead with additional production cuts, the minister said that although there were concerns that the move would cause a surge in global crude prices, it did not happen as several member countries of OPEC did not go ahead with the committed production cuts to avoid revenue losses. “India’s energy sector is today witnessing a trilemma in terms of lack of availability, affordability and sustainability, and it is imperative to find out solutions to address these issues,' he said.  He was of the view that due to India’s size and complexity, India cannot afford even a marginal disruption in supply availability. Further, it is essential to prioritize affordability as there is no point in having accessibility without affordability, he added. The third essential focus area is sustainability,, Puri said. Elaborating on the need for availability and affordability of energy supply, Puri said: “In India you can’t afford to suddenly raise prices.' He added that although India is following market principles with regards to setting the price, it continues to need some form of administered price mechanism. The minister said it is essential to prioritize affordability as there is no point in having accessibility without affordability. Further, in terms of energy innovation, the minister stated that India has already significantly reduced the cost per unit of solar power, however, further success will come from the use of green hydrogen or the fuel of the future.  He said that through the national green hydrogen mission, the government has already established an ecosystem for green hydrogen that is conducive to success.

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: India to become major exporter of green hydrogen by 2040: Puri New Delhi: Union minister for petroleum and natural gas Hardeep Singh Puri on Wednesday said that India will turn into as a major green hydrogen hub and exporter by 2040, catering to both domestic and global demand. Speaking at the CII Annual Session 2023, the minister said that the energy demand in the country would continue to grow at a rapid pace for the next 20 years, and energy demand in India would account for 25% of the global demand growth during the period.    He also said that along with the growth in cleaner fuels, the exploration and production of oil and gas in the country also would go up “exponentially'. Citing the recent decision of OPEC and its allies, commonly known as OPEC+, to go ahead with additional production cuts, the minister said that although there were concerns that the move would cause a surge in global crude prices, it did not happen as several member countries of OPEC did not go ahead with the committed production cuts to avoid revenue losses. “India’s energy sector is today witnessing a trilemma in terms of lack of availability, affordability and sustainability, and it is imperative to find out solutions to address these issues,' he said.  He was of the view that due to India’s size and complexity, India cannot afford even a marginal disruption in supply availability. Further, it is essential to prioritize affordability as there is no point in having accessibility without affordability, he added. The third essential focus area is sustainability,, Puri said. Elaborating on the need for availability and affordability of energy supply, Puri said: “In India you can’t afford to suddenly raise prices.' He added that although India is following market principles with regards to setting the price, it continues to need some form of administered price mechanism. The minister said it is essential to prioritize affordability as there is no point in having accessibility without affordability. Further, in terms of energy innovation, the minister stated that India has already significantly reduced the cost per unit of solar power, however, further success will come from the use of green hydrogen or the fuel of the future.  He said that through the national green hydrogen mission, the government has already established an ecosystem for green hydrogen that is conducive to success. ### Response: YES

YES

Coal mine project: Mamata announces Rs 10k-cr compensation package for land losersKolkata: West Bengal Chief Minister Mamata Banerjee on Tuesday announced a compensation package of Rs 10,000 crore for the ones who would get displaced or affected in some way or the other due to the Deocha-Pachami coal mine project in Birbhum district. The state has been allotted the Deocha Pachami Harinsingha Dewanganj -- the world's second-largest coal block -- by the Centre a few years ago. 'We will not do anything like what had happened in Singur (forcible land acquisition for car project). We will start the project with a government-owned land. We are a pro-people government. We don't believe in doing things by force,' she told the Assembly. Advt Banerjee noted that the mining project has the potential of generating nearly one lakh jobs in Birbhum and its neighbouring districts. 'The state government is investing around 35,000 crore in this project, which spans an area of 3.04 lakh acres. Of the 3.04 lakh acres, around 1 lakh make for government-owned land. We have spoken to all the stakeholders to ensure their interests are secured,' she said. The feisty TMC boss further said that her government has prepared an attractive package for those who will be giving up their land for the mining project. 'One member of every family who will have to give up either their home or land will be provided jobs in the police force as junior constable. The government has zeroed in on a compensation package of Rs 10,000 crore for those who would get affected due to the project,' she said in the Assembly. The CM further said that farm labourers would also receive their dues from the package. She pointed out that necessary administrative infrastructure has been set up to start the project. The mine is located in the south-western part of Birbhum coalfield area. PTI Published On May 24, 2023 at 08:51 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 tmc assembly centre a few years ago singur mamata banerjee deocha mamata birbhum district Home News Coal Coal mine project: Mamata announces Rs 10k-cr compensation package for land losers

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: Coal mine project: Mamata announces Rs 10k-cr compensation package for land losersKolkata: West Bengal Chief Minister Mamata Banerjee on Tuesday announced a compensation package of Rs 10,000 crore for the ones who would get displaced or affected in some way or the other due to the Deocha-Pachami coal mine project in Birbhum district. The state has been allotted the Deocha Pachami Harinsingha Dewanganj -- the world's second-largest coal block -- by the Centre a few years ago. 'We will not do anything like what had happened in Singur (forcible land acquisition for car project). We will start the project with a government-owned land. We are a pro-people government. We don't believe in doing things by force,' she told the Assembly. Advt Banerjee noted that the mining project has the potential of generating nearly one lakh jobs in Birbhum and its neighbouring districts. 'The state government is investing around 35,000 crore in this project, which spans an area of 3.04 lakh acres. Of the 3.04 lakh acres, around 1 lakh make for government-owned land. We have spoken to all the stakeholders to ensure their interests are secured,' she said. The feisty TMC boss further said that her government has prepared an attractive package for those who will be giving up their land for the mining project. 'One member of every family who will have to give up either their home or land will be provided jobs in the police force as junior constable. The government has zeroed in on a compensation package of Rs 10,000 crore for those who would get affected due to the project,' she said in the Assembly. The CM further said that farm labourers would also receive their dues from the package. She pointed out that necessary administrative infrastructure has been set up to start the project. The mine is located in the south-western part of Birbhum coalfield area. PTI Published On May 24, 2023 at 08:51 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 tmc assembly centre a few years ago singur mamata banerjee deocha mamata birbhum district Home News Coal Coal mine project: Mamata announces Rs 10k-cr compensation package for land losers ### Response: YES

YES

India allows broken rice exports to meet other nations’ food security needsThe government on Wednesday allowed the exports of broken rice on the basis of permission given by the government for shipments to other countries for meeting their food security needs, though the export of broken rice is banned in general. “The export policy of broken rice is prohibited, however, export will be allowed on the basis of permission granted by the Government of India to other countries to meet their food security needs and based on the request of their government,” the Directorate General of Foreign Trade (DGFT) said in a notification. India had banned the exports of broken rice and imposed a 20% duty on exports of various grades in September. In December last year, it allowed the exports of organic non-Basmati rice including organic non-Basmati broken rice. China is the largest importer of Indian broken rice at $418.29 million in FY23 followed by Senegal, Indonesia and Vietnam.

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: India allows broken rice exports to meet other nations’ food security needsThe government on Wednesday allowed the exports of broken rice on the basis of permission given by the government for shipments to other countries for meeting their food security needs, though the export of broken rice is banned in general. “The export policy of broken rice is prohibited, however, export will be allowed on the basis of permission granted by the Government of India to other countries to meet their food security needs and based on the request of their government,” the Directorate General of Foreign Trade (DGFT) said in a notification. India had banned the exports of broken rice and imposed a 20% duty on exports of various grades in September. In December last year, it allowed the exports of organic non-Basmati rice including organic non-Basmati broken rice. China is the largest importer of Indian broken rice at $418.29 million in FY23 followed by Senegal, Indonesia and Vietnam. ### Response: YES

YES

Cotton prices decrease due to farmers’ excessive supplyThe prices of cotton are reported to have increased due to the excessive supply of it by the farmers who were holding it on expectations of a price increase. At present the arrival of cotton in the markets has significantly increased, reaching 100,000 bales per day, which is five times the historical average of 20,000 bales in May. This surge in supply is attributed to farmers selling their produce as prices have declined in the futures trade and at the farm gate. The prices of cotton in the future trade have dropped by 8% and at the farm gate by 12% over the past two weeks. This unexpected rise in daily arrivals during May has surprised industry experts, as such levels are typically seen earlier in the year. Ravi Sam, chairman of the Southern India Mills Association (SIMA), noted the unprecedented nature of this situation. The decline in cotton prices is reflected in the drop of the June cotton contract on the MCX by 3.05%. In Maharashtra, spot trade prices have fallen from ₹62,000/candy to ₹57,000, while the price of raw cotton with seeds sold by farmers to ginners has decreased from ₹8,000/quintal to ₹7,000-7,200.    

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: Cotton prices decrease due to farmers’ excessive supplyThe prices of cotton are reported to have increased due to the excessive supply of it by the farmers who were holding it on expectations of a price increase. At present the arrival of cotton in the markets has significantly increased, reaching 100,000 bales per day, which is five times the historical average of 20,000 bales in May. This surge in supply is attributed to farmers selling their produce as prices have declined in the futures trade and at the farm gate. The prices of cotton in the future trade have dropped by 8% and at the farm gate by 12% over the past two weeks. This unexpected rise in daily arrivals during May has surprised industry experts, as such levels are typically seen earlier in the year. Ravi Sam, chairman of the Southern India Mills Association (SIMA), noted the unprecedented nature of this situation. The decline in cotton prices is reflected in the drop of the June cotton contract on the MCX by 3.05%. In Maharashtra, spot trade prices have fallen from ₹62,000/candy to ₹57,000, while the price of raw cotton with seeds sold by farmers to ginners has decreased from ₹8,000/quintal to ₹7,000-7,200.     ### Response: YES

YES

Daily Sugar Market Update By Vizzie – 24/05/2023ChiniMandi, Mumbai: 24th May 2023 Domestic Market Domestic sugar prices reported stable Domestic sugar prices in major markets of India reported stable on good demand. Sugar prices in Muzaffarnagar (M grade) continued to trade in the range of Rs 3,590 to Rs 3,620 per quintal, while those in Kolhapur (S grade) ranged from Rs 3,400 to 3,440 per quintal. According to Agrimandi.live, prices will continue to trade higher on good demand, with limited downside. In the near future, we expect prices in the Kolhapur markets to trade between Rs 3,380 and Rs 3,460 per quintal. Ex-mill Sugar Prices as on May, 24 2023 : State S/30 [Rates per Quintal] M/30 [Rates per Quintal] Maharashtra ₹3390 to 3400 ₹3490 to 3500 Karnataka ₹3525 to 3575 ₹3600 to 3625 Uttar Pradesh ₹3575 to 3685 Gujarat ₹3521 to 3561 ₹3591 to 3641 Tamil Nadu ₹3500 to 3600 ₹3610 to 3700 Madhya Pradesh ₹3550 to 3580 ₹3600 to 3650 Punjab ₹3660 to 3701 (All the above rates are excluding GST) Destination-wise Spot Prices as on May, 24 2023 : City Grade Rate Delhi M/30 ₹3,850.35 Kanpur M/30 ₹3,795.75 Kolhapur M/30 ₹3,701.25 Kolkata M/30 ₹3,969.00 Muzaffarnagar M/30 ₹3,780.00 International Market At the time of writing this update London White Sugar #5 front month contract is trading at $708.80/ton, whereas the New York Sugar #11 front month contract is trading at 25.61 c/lb. Currency, Commodity & Indian Indices The rupee traded against the US dollar at 82.674 whereas USD was trading with BRL at 4.9727, Crude futures traded at ₹6136, Crude WTI traded at $74.03/barrel. Sensex closed 208.01 points lower at 61773.78 whereas Nifty ended 62.60 points lower at 18285.40 News Round-Up Sugarcane farmers worry amid water level dip in KRS Sugarcane farmers worry amid water level dip in KRS G20: 3rd Environment, Climate Sustainability Working Group meeting concludes in Mumbai G20: 3rd Environment, Climate Sustainability Working Group meeting concludes in Mumbai Canadian company to invest $41M to produce ethanol from milk by-product Canadian company to invest $41M to produce ethanol from milk by-product Vizianagaram: Sugarcane farmers shifting to other crops cultivation amid rising costs Vizianagaram: Sugarcane farmers shifting to other crops cultivation amid rising costs Withdrawal of Rs 2,000 notes a non-event as India’s digital payments ecosystem robust: SBI Research Withdrawal of Rs 2,000 notes a non-event as India’s digital payments ecosystem robust: SBI Research

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: Daily Sugar Market Update By Vizzie – 24/05/2023ChiniMandi, Mumbai: 24th May 2023 Domestic Market Domestic sugar prices reported stable Domestic sugar prices in major markets of India reported stable on good demand. Sugar prices in Muzaffarnagar (M grade) continued to trade in the range of Rs 3,590 to Rs 3,620 per quintal, while those in Kolhapur (S grade) ranged from Rs 3,400 to 3,440 per quintal. According to Agrimandi.live, prices will continue to trade higher on good demand, with limited downside. In the near future, we expect prices in the Kolhapur markets to trade between Rs 3,380 and Rs 3,460 per quintal. Ex-mill Sugar Prices as on May, 24 2023 : State S/30 [Rates per Quintal] M/30 [Rates per Quintal] Maharashtra ₹3390 to 3400 ₹3490 to 3500 Karnataka ₹3525 to 3575 ₹3600 to 3625 Uttar Pradesh ₹3575 to 3685 Gujarat ₹3521 to 3561 ₹3591 to 3641 Tamil Nadu ₹3500 to 3600 ₹3610 to 3700 Madhya Pradesh ₹3550 to 3580 ₹3600 to 3650 Punjab ₹3660 to 3701 (All the above rates are excluding GST) Destination-wise Spot Prices as on May, 24 2023 : City Grade Rate Delhi M/30 ₹3,850.35 Kanpur M/30 ₹3,795.75 Kolhapur M/30 ₹3,701.25 Kolkata M/30 ₹3,969.00 Muzaffarnagar M/30 ₹3,780.00 International Market At the time of writing this update London White Sugar #5 front month contract is trading at $708.80/ton, whereas the New York Sugar #11 front month contract is trading at 25.61 c/lb. Currency, Commodity & Indian Indices The rupee traded against the US dollar at 82.674 whereas USD was trading with BRL at 4.9727, Crude futures traded at ₹6136, Crude WTI traded at $74.03/barrel. Sensex closed 208.01 points lower at 61773.78 whereas Nifty ended 62.60 points lower at 18285.40 News Round-Up Sugarcane farmers worry amid water level dip in KRS Sugarcane farmers worry amid water level dip in KRS G20: 3rd Environment, Climate Sustainability Working Group meeting concludes in Mumbai G20: 3rd Environment, Climate Sustainability Working Group meeting concludes in Mumbai Canadian company to invest $41M to produce ethanol from milk by-product Canadian company to invest $41M to produce ethanol from milk by-product Vizianagaram: Sugarcane farmers shifting to other crops cultivation amid rising costs Vizianagaram: Sugarcane farmers shifting to other crops cultivation amid rising costs Withdrawal of Rs 2,000 notes a non-event as India’s digital payments ecosystem robust: SBI Research Withdrawal of Rs 2,000 notes a non-event as India’s digital payments ecosystem robust: SBI Research ### Response: YES

YES

CISA mills’ daily steel output down 0.24 percent in mid-MayThe China Iron and Steel Association (CISA) has announced that in mid-May (May 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 2.2455 million mt, down 0.24 percent compared to early May (May 1-10) this year. In early May this year, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had totaled 2.2508 million mt, up 2.0 percent compared to late April (April 21-30) this year.       Inventory levels in the Chinese steel market decreased in the given period. As of May 20, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 16.2646 million mt, decreasing by 7.56 percent compared to May 10.         As of May 20, rebar futures at the Shanghai Future Exchange were standing at RMB 3,645/mt ($517/mt), decreasing by RMB 43/mt ($6.1/mt) or 1.2 percent since May 10.        In mid-May, steel prices moved up first while edged down later amid the sluggish demand from downstream users.    $1 = RMB 7.056

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: CISA mills’ daily steel output down 0.24 percent in mid-MayThe China Iron and Steel Association (CISA) has announced that in mid-May (May 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 2.2455 million mt, down 0.24 percent compared to early May (May 1-10) this year. In early May this year, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had totaled 2.2508 million mt, up 2.0 percent compared to late April (April 21-30) this year.       Inventory levels in the Chinese steel market decreased in the given period. As of May 20, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 16.2646 million mt, decreasing by 7.56 percent compared to May 10.         As of May 20, rebar futures at the Shanghai Future Exchange were standing at RMB 3,645/mt ($517/mt), decreasing by RMB 43/mt ($6.1/mt) or 1.2 percent since May 10.        In mid-May, steel prices moved up first while edged down later amid the sluggish demand from downstream users.    $1 = RMB 7.056 ### Response: YES

NO

Turkish construction sector confidence up 4.3% in May from AprilAccording to the monthly sectoral confidence survey released by the Turkish Statistical Institute (TUIK), the confidence index* for the construction sector in Turkey, which stood at 88.4 points in April, increased by 4.3 percent month on month in May of the current year to 92.2 points. According to the indices based on individual questions asked of Turkish construction sector enterprise executives who own private businesses with 10 or more employees, in the given month, the confidence index for construction activities recorded in the latest three months grew by 1.1 percent to 101.6 points month on month. In May, the current overall order books sub-index moved up by 2.9 percent to 87.3 points, while the sub-index for total employment expectations over the next three months rose by 5.5 percent to 97.0 points, both compared to the previous month. Meanwhile, in the given month, executives’ expectations for sales prices in the next three months grew by 3.1 percent month on month to 125.1 points. *Sectoral confidence index values range between zero and 200. When the index is above 100 it indicates an optimistic outlook about the current and the future period of the sector, when it is below 100 it points to a pessimistic outlook.

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: Turkish construction sector confidence up 4.3% in May from AprilAccording to the monthly sectoral confidence survey released by the Turkish Statistical Institute (TUIK), the confidence index* for the construction sector in Turkey, which stood at 88.4 points in April, increased by 4.3 percent month on month in May of the current year to 92.2 points. According to the indices based on individual questions asked of Turkish construction sector enterprise executives who own private businesses with 10 or more employees, in the given month, the confidence index for construction activities recorded in the latest three months grew by 1.1 percent to 101.6 points month on month. In May, the current overall order books sub-index moved up by 2.9 percent to 87.3 points, while the sub-index for total employment expectations over the next three months rose by 5.5 percent to 97.0 points, both compared to the previous month. Meanwhile, in the given month, executives’ expectations for sales prices in the next three months grew by 3.1 percent month on month to 125.1 points. *Sectoral confidence index values range between zero and 200. When the index is above 100 it indicates an optimistic outlook about the current and the future period of the sector, when it is below 100 it points to a pessimistic outlook. ### Response: NO

YES

UP exports rise by Rs 10,000 crore in comparison to 2021-22: FIEOLUCKNOW: The latest data with the Federation of India Exports Organisation (FIEO) shows that Uttar Pradesh's exports have gone up by Rs 10,000 crore in the past year. Noida, which is among the most industrialised areas in the state, has topped as the district with most exports at Rs 74,000 crore. FIEO says that the government's subsidies to counter the high costs of transportation in view of UP's landlocked status and push to the one district-one product scheme, have helped in taking the exports up. As per the data, the total quantum of exports from UP in 2021-22 was Rs 1.57 lakh crore while from April 2022 to February 2023, it touched Rs 1.59 lakh crore. Sources said that with the input from March 2023, it was expected to touch around Rs 1.67 lakh crore. Compared to other states, UP still has massive potential for improvement. In 2021-22, Gujarat topped all states with exports of Rs 9.46 lakh crore, followed by Maharashtra with Rs 5.45 lakh crore. UP is fifth on the list, behind Tamil Nadu and Karnataka. UP is prominently exporting to the USA, UAE, Germany, United Kingdom, Nepal, France, Spain, Vietnam, Saudi Arabia and Bangladesh. Among the products which are driving up the state's exports are telecom instruments, buffalo meat, RMG Cotton including accessories, RMG manmade fibre, leather footwear, saddlery and harness, aluminum and aluminum products, silk and handmade carpets, machinery and engineering goods, wheat, rice, sugar, iron and steel, handicrafts etc. As per FIEO's assessment, the reasons for UP's growth have been the export promotion schemes of the state government. Financial assistance is also being offered on transportation, which helps to regulate the cost of exports from UP, a landlocked state. This includes subsidies on freight and on export cargo sent by air.

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: UP exports rise by Rs 10,000 crore in comparison to 2021-22: FIEOLUCKNOW: The latest data with the Federation of India Exports Organisation (FIEO) shows that Uttar Pradesh's exports have gone up by Rs 10,000 crore in the past year. Noida, which is among the most industrialised areas in the state, has topped as the district with most exports at Rs 74,000 crore. FIEO says that the government's subsidies to counter the high costs of transportation in view of UP's landlocked status and push to the one district-one product scheme, have helped in taking the exports up. As per the data, the total quantum of exports from UP in 2021-22 was Rs 1.57 lakh crore while from April 2022 to February 2023, it touched Rs 1.59 lakh crore. Sources said that with the input from March 2023, it was expected to touch around Rs 1.67 lakh crore. Compared to other states, UP still has massive potential for improvement. In 2021-22, Gujarat topped all states with exports of Rs 9.46 lakh crore, followed by Maharashtra with Rs 5.45 lakh crore. UP is fifth on the list, behind Tamil Nadu and Karnataka. UP is prominently exporting to the USA, UAE, Germany, United Kingdom, Nepal, France, Spain, Vietnam, Saudi Arabia and Bangladesh. Among the products which are driving up the state's exports are telecom instruments, buffalo meat, RMG Cotton including accessories, RMG manmade fibre, leather footwear, saddlery and harness, aluminum and aluminum products, silk and handmade carpets, machinery and engineering goods, wheat, rice, sugar, iron and steel, handicrafts etc. As per FIEO's assessment, the reasons for UP's growth have been the export promotion schemes of the state government. Financial assistance is also being offered on transportation, which helps to regulate the cost of exports from UP, a landlocked state. This includes subsidies on freight and on export cargo sent by air. ### Response: YES

YES

Indian spinning mills incur losses; TN mills cut production by 50%

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: Indian spinning mills incur losses; TN mills cut production by 50% ### Response: YES

YES

Surge in Downstream Demand Raises the Price of Polypropylene Filament Yarn (PPFY) in IndiaIndian buying interest for Polypropylene Filament Yarn (PPFY) has risen during the month of April 2023 amid dwindling domestic inventories and improving demand from downstream industries. The price escalation has caused concern among textile manufacturers and consumers across the country.

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: Surge in Downstream Demand Raises the Price of Polypropylene Filament Yarn (PPFY) in IndiaIndian buying interest for Polypropylene Filament Yarn (PPFY) has risen during the month of April 2023 amid dwindling domestic inventories and improving demand from downstream industries. The price escalation has caused concern among textile manufacturers and consumers across the country. ### Response: YES

YES

Stocks of main finished steel products in China down 3.2% in mid-MayOn May 20 this year, overall domestic inventories of the five main finished steel products in 21 major cities in China totaled 10.94 million mt, down 360,000 mt or 3.2 percent compared to May 10, as announced by the China Iron and Steel Association (CISA). In particular, as of May 20, domestic inventory of hot rolled coil (HRC) and common medium palate amounted to 2.1 million mt and 970,000 mt, increasing by 0.5 percent and 1.0 percent, while domestic inventories of cold rolled coil (CRC), wire rod and rebar totaled 1.2 million mt, 1.4 million mt and 5.27 million mt, down 3.2 percent, down 7.3 percent and down 4.2 percent, respectively, all compared to May 10.

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: Stocks of main finished steel products in China down 3.2% in mid-MayOn May 20 this year, overall domestic inventories of the five main finished steel products in 21 major cities in China totaled 10.94 million mt, down 360,000 mt or 3.2 percent compared to May 10, as announced by the China Iron and Steel Association (CISA). In particular, as of May 20, domestic inventory of hot rolled coil (HRC) and common medium palate amounted to 2.1 million mt and 970,000 mt, increasing by 0.5 percent and 1.0 percent, while domestic inventories of cold rolled coil (CRC), wire rod and rebar totaled 1.2 million mt, 1.4 million mt and 5.27 million mt, down 3.2 percent, down 7.3 percent and down 4.2 percent, respectively, all compared to May 10. ### Response: YES

NO

Steel Industry Takes a Hit as Global Production Drops Below 2022 LevelsChina: Global crude Steel production saw a decline of 2.4 percent in April 2023 compared to the same period in the previous year across 63 countries. This dip has also caused year-to-date output to fall 0.4 percent behind last year's pace. China led the production with 92.6 million metric tons of output, accounting for more than 57 percent of Steel made globally. Among the top 10 Steel-producing nations, only three reported increased production from the previous year, with China's output rising by 4.1 percent and India's output increasing by 3.0 percent. Iran's mills showed a marginal increase of 0.1 percent above the breakeven point.

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: Steel Industry Takes a Hit as Global Production Drops Below 2022 LevelsChina: Global crude Steel production saw a decline of 2.4 percent in April 2023 compared to the same period in the previous year across 63 countries. This dip has also caused year-to-date output to fall 0.4 percent behind last year's pace. China led the production with 92.6 million metric tons of output, accounting for more than 57 percent of Steel made globally. Among the top 10 Steel-producing nations, only three reported increased production from the previous year, with China's output rising by 4.1 percent and India's output increasing by 3.0 percent. Iran's mills showed a marginal increase of 0.1 percent above the breakeven point. ### Response: NO

YES

Bangladesh apparel industry players for increased import of raw materials from IndiaApparel industry players in Bangladesh are for importing more raw materials from India even as they cited cultural similarities, reduced lead times and historical relationships as the key factors for the same.The views were expressed during a recent panel discussion at the Textile Source Meet 2023 in Dhaka, organized jointly by the Confederation of Indian Textile Industry (CITI), Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the Bangladesh Garment Executive Association, and the Sowtex.Taking part in the discussion, experts emphasised the potential benefits of sourcing raw materials (such as yarn, fabrics, dye chemicals, cotton, and machinery) from India even as they added this proposition was to establish a win-win situation for both India and Bangladesh by diversifying supply chains and reducing lead time while also minimising reliance on China.It may be mentioned here, Bangladesh has emerged as a key player in the global textile and garment industry, with a thriving apparel industry contributing significantly to the country’s economic growth and by sourcing raw materials from India, it would help Bangladesh to sustain this momentum while also reduce dependence on a single source for raw materials.

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: Bangladesh apparel industry players for increased import of raw materials from IndiaApparel industry players in Bangladesh are for importing more raw materials from India even as they cited cultural similarities, reduced lead times and historical relationships as the key factors for the same.The views were expressed during a recent panel discussion at the Textile Source Meet 2023 in Dhaka, organized jointly by the Confederation of Indian Textile Industry (CITI), Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the Bangladesh Garment Executive Association, and the Sowtex.Taking part in the discussion, experts emphasised the potential benefits of sourcing raw materials (such as yarn, fabrics, dye chemicals, cotton, and machinery) from India even as they added this proposition was to establish a win-win situation for both India and Bangladesh by diversifying supply chains and reducing lead time while also minimising reliance on China.It may be mentioned here, Bangladesh has emerged as a key player in the global textile and garment industry, with a thriving apparel industry contributing significantly to the country’s economic growth and by sourcing raw materials from India, it would help Bangladesh to sustain this momentum while also reduce dependence on a single source for raw materials. ### Response: YES

YES

Japanese crude steel output down 3.3 percent in Apr from MarIn April this year, Japanese crude steel production was down by 3.3 percent compared to the previous month and by 3.1 percent compared to April 2022, totaling 7.24 million mt, according to the data released by the Japan Iron and Steel Federation (JISF). Meanwhile, in the given month Japan’s pig iron production totaled 5.19 million metric tons, declining by 3.2 percent compared to the previous month and by 2.5 percent year on year. In the January-April period this year, the country’s crude steel output stood at 28.86 million metric tons, down by 5.3 percent, while its pig iron production came to 20.86 million metric tons, falling by 5.5 percent, both on year-on-year basis. The production volume of some steel products in Japan can be seen in the chart below: Product April 2023 (mt) M-o-m change (%) Y-o-y change (%) Hot rolled section 427,700 -8.9 +1.6 Bar 716,500 +1.4 -2.1 Wire rod 108,000 -12.8 -17.3 Heavy plate 725,200 -12.3 -7.5 Hot rolled wide strip 2,870,700 -9.6 -3.3 Cold rolled wide strip 1,043,400 -15.8 -5.2 Galvanized sheet 672,600 -13.9 +5.2 Welded pipe 240,100 -8.9 -13.7

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: Japanese crude steel output down 3.3 percent in Apr from MarIn April this year, Japanese crude steel production was down by 3.3 percent compared to the previous month and by 3.1 percent compared to April 2022, totaling 7.24 million mt, according to the data released by the Japan Iron and Steel Federation (JISF). Meanwhile, in the given month Japan’s pig iron production totaled 5.19 million metric tons, declining by 3.2 percent compared to the previous month and by 2.5 percent year on year. In the January-April period this year, the country’s crude steel output stood at 28.86 million metric tons, down by 5.3 percent, while its pig iron production came to 20.86 million metric tons, falling by 5.5 percent, both on year-on-year basis. The production volume of some steel products in Japan can be seen in the chart below: Product April 2023 (mt) M-o-m change (%) Y-o-y change (%) Hot rolled section 427,700 -8.9 +1.6 Bar 716,500 +1.4 -2.1 Wire rod 108,000 -12.8 -17.3 Heavy plate 725,200 -12.3 -7.5 Hot rolled wide strip 2,870,700 -9.6 -3.3 Cold rolled wide strip 1,043,400 -15.8 -5.2 Galvanized sheet 672,600 -13.9 +5.2 Welded pipe 240,100 -8.9 -13.7 ### Response: YES

NO

Rain raises Argentina’s wheat prospectsBUENOS AIRES, ARGENTINA — Heavy rains in recent days in key agricultural areas have buoyed the outlook for Argentina’s 2023-24 wheat crop, even as the much-needed precipitation slows the soybean and corn harvest of the drought-stricken nation, Reuters reported, citing the Buenos Aires grains exchange. The rainfall arrives at a critical time as Argentina’s farmers start planting wheat in the coming days. The total crop is estimated at 18 million tonnes, up from the 12.4 million tonnes harvested in the previous drought-impacted season. Argentina is the world’s leading exporter of processed soybeans as well as a major corn and wheat supplier, but its production of grains has been hurt by severe drought and other damaging weather events, causing major losses both for farmers and the cash-strapped government. “The arrival of rains improves the prospects for the wheat and barley crops,” the exchange said in its weekly crop report. Argentina's agricultural core, including farmland in northern Buenos Aires province, southern Santa Fe and southeast Cordoba, received up to 75 millimeters (3 inches) of rainfall in the last 24 hours, according to national meteorological service SMN. The grains exchange is expecting a further 10 to 25 millimeters of rain in the same region in the coming days. However, the recent rainfall also has caused delays in the harvesting of soybeans in the current 2022-23 harvesting season, estimated at just 21 million tonnes. Soybean farmers have reaped 78% of the planted area so far. In the previous 2021-22 season, the soybean harvest totaled 43.3 million tonnes. For the 2022-23 corn harvest, farmers have harvested nearly 27% of the planted area, with production estimated at 36 million tonnes. The country’s corn crop reached 52 million tonnes in the previous season.

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: Rain raises Argentina’s wheat prospectsBUENOS AIRES, ARGENTINA — Heavy rains in recent days in key agricultural areas have buoyed the outlook for Argentina’s 2023-24 wheat crop, even as the much-needed precipitation slows the soybean and corn harvest of the drought-stricken nation, Reuters reported, citing the Buenos Aires grains exchange. The rainfall arrives at a critical time as Argentina’s farmers start planting wheat in the coming days. The total crop is estimated at 18 million tonnes, up from the 12.4 million tonnes harvested in the previous drought-impacted season. Argentina is the world’s leading exporter of processed soybeans as well as a major corn and wheat supplier, but its production of grains has been hurt by severe drought and other damaging weather events, causing major losses both for farmers and the cash-strapped government. “The arrival of rains improves the prospects for the wheat and barley crops,” the exchange said in its weekly crop report. Argentina's agricultural core, including farmland in northern Buenos Aires province, southern Santa Fe and southeast Cordoba, received up to 75 millimeters (3 inches) of rainfall in the last 24 hours, according to national meteorological service SMN. The grains exchange is expecting a further 10 to 25 millimeters of rain in the same region in the coming days. However, the recent rainfall also has caused delays in the harvesting of soybeans in the current 2022-23 harvesting season, estimated at just 21 million tonnes. Soybean farmers have reaped 78% of the planted area so far. In the previous 2021-22 season, the soybean harvest totaled 43.3 million tonnes. For the 2022-23 corn harvest, farmers have harvested nearly 27% of the planted area, with production estimated at 36 million tonnes. The country’s corn crop reached 52 million tonnes in the previous season. ### Response: NO

YES

China’s wheat imports climb in first four months of yearBEIJING, CHINA — China’s wheat imports increased 80% in the first four months of the year as prices fell relative to domestic supplies, Yicai Global reported. China imported nearly 6 million tonnes of wheat from January through April, equal to 60% of last year’s total, according to data from the General Administration of Customs. April’s imports were 141% higher than a year ago at 4.7 million tonnes. Chinese processing companies are replacing domestically grown wheat with overseas product to use as animal feed. This has led to large imports of Australian standard white wheat. About 60% of China’s wheat imports in the first part of the year came from Australia, followed by Canada at 19%, France at 13% and the United States at 8%. Wheat imports are likely to surpass the tariff quota of 9.6 million tonnes for the third straight year, but given the higher tariff rates on shipments exceeding the quota, it’s not expected to be by much. China’s corn imports dropped 8.4% in the January to April period from a year earlier, partially due to the narrowing price gap between wheat and corn.The nation’s soybean imports increased 6.8% in the four months, while rice was down 39.7%. 

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: China’s wheat imports climb in first four months of yearBEIJING, CHINA — China’s wheat imports increased 80% in the first four months of the year as prices fell relative to domestic supplies, Yicai Global reported. China imported nearly 6 million tonnes of wheat from January through April, equal to 60% of last year’s total, according to data from the General Administration of Customs. April’s imports were 141% higher than a year ago at 4.7 million tonnes. Chinese processing companies are replacing domestically grown wheat with overseas product to use as animal feed. This has led to large imports of Australian standard white wheat. About 60% of China’s wheat imports in the first part of the year came from Australia, followed by Canada at 19%, France at 13% and the United States at 8%. Wheat imports are likely to surpass the tariff quota of 9.6 million tonnes for the third straight year, but given the higher tariff rates on shipments exceeding the quota, it’s not expected to be by much. China’s corn imports dropped 8.4% in the January to April period from a year earlier, partially due to the narrowing price gap between wheat and corn.The nation’s soybean imports increased 6.8% in the four months, while rice was down 39.7%.  ### Response: YES

YES

agriculture department distributes paddy seeds at 50% subsidy to farmersPanaji: In a bid to ensure smooth and hassle-free sowing of paddy crop during the upcoming Kharif season, the directorate of agriculture has distributed not only several tonnes of Jaya and Jyoti seeds, this season but also the Karjat variant of paddy, at 50% subsidy. “We are all set for the monsoons. We have made arrangements of paddy seeds at different farmers’ societies and the zonal agricultural offices for the Kharif season. Though Jaya and Jyoti are preferred varieties in the state, we are also promoting Karjat,” said agriculture director, Nevil Alphonso. In addition, the agriculture department is also giving jackfruit cultivation in the state a boost by selling seeds of various varieties of jackfruit among farmers. “These are varieties from Kerala that will give an assured yield. The grafted varieties will start fruiting within three years of cultivation,” Alphonso said. “When we recommend something for farmers, we also check the economic viability of the crop. We do not recommend crops that are not well-yielding to farmers,” he added. Seeds of various vegetables that are able to withstand the rains, such as lady finger and cluster beans, are also available at 50% subsidy at the agriculture department’s outlets. Planting materials such as coconut seedlings, mango grafts, chikoo, and lime saplings are also being sold at reasonable prices with the department. In addition to this, farmers can also apply for schemes for the cultivation of mango and coconut. For land cultivation, tractors are being made available at subsidised rental rates of Rs 400 per hour. The agriculture department has a total of 40 tractors that are given to farmers on hire, besides which, the department has empanelled other farmers’ societies who have tractors to undertake other farmers’ work for which 50% subsidy will be reimbursed to the societies or individual farmers.

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: agriculture department distributes paddy seeds at 50% subsidy to farmersPanaji: In a bid to ensure smooth and hassle-free sowing of paddy crop during the upcoming Kharif season, the directorate of agriculture has distributed not only several tonnes of Jaya and Jyoti seeds, this season but also the Karjat variant of paddy, at 50% subsidy. “We are all set for the monsoons. We have made arrangements of paddy seeds at different farmers’ societies and the zonal agricultural offices for the Kharif season. Though Jaya and Jyoti are preferred varieties in the state, we are also promoting Karjat,” said agriculture director, Nevil Alphonso. In addition, the agriculture department is also giving jackfruit cultivation in the state a boost by selling seeds of various varieties of jackfruit among farmers. “These are varieties from Kerala that will give an assured yield. The grafted varieties will start fruiting within three years of cultivation,” Alphonso said. “When we recommend something for farmers, we also check the economic viability of the crop. We do not recommend crops that are not well-yielding to farmers,” he added. Seeds of various vegetables that are able to withstand the rains, such as lady finger and cluster beans, are also available at 50% subsidy at the agriculture department’s outlets. Planting materials such as coconut seedlings, mango grafts, chikoo, and lime saplings are also being sold at reasonable prices with the department. In addition to this, farmers can also apply for schemes for the cultivation of mango and coconut. For land cultivation, tractors are being made available at subsidised rental rates of Rs 400 per hour. The agriculture department has a total of 40 tractors that are given to farmers on hire, besides which, the department has empanelled other farmers’ societies who have tractors to undertake other farmers’ work for which 50% subsidy will be reimbursed to the societies or individual farmers. ### Response: YES

YES

Turkey’s pig iron imports down 6.6 percent in January-MarchIn March this year, Turkey's pig iron imports amounted to 129,222 mt, up 18.3 percent year on year and increasing by 66.1 percent compared to February, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's pig iron imports in the given month decreased by 7.1 percent year on year to $62.2 million, up by 77.4 percent compared to the previous month. Meanwhile, in the January-March period this year, Turkey's pig iron imports amounted to 310,401 metric tons, down 6.6 percent year on year, while the revenue generated by these imports totaled $143.35 million, decreasing by 29.9 percent compared to the same period of 2022. In the January-March period this year, Turkey imported 215,395 metric tons of pig iron from Russia, up 291.8 percent year on year. Russia ranked first among Turkey's pig iron import sources in the period in question, followed by Ukraine which supplied 76,579 mt. Turkey's pig iron import sources in the given period are as follows: Country Amount (mt)             January-March 2023 January-March 2022 Change (%) March 2023 March 2022 Change (%) Russia 215,395 54,975 291.81 81,432 28,549 18524 Ukraine 76,579 77,986 -1.80 45,217 39,773 13.69 Germany 17,353 33,000 -47.42 2,053 - - China 975 27,544 -96.46 475 9,504 -95

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: Turkey’s pig iron imports down 6.6 percent in January-MarchIn March this year, Turkey's pig iron imports amounted to 129,222 mt, up 18.3 percent year on year and increasing by 66.1 percent compared to February, according to the data provided by the Turkish Statistical Institute (TUIK). The total value of Turkey's pig iron imports in the given month decreased by 7.1 percent year on year to $62.2 million, up by 77.4 percent compared to the previous month. Meanwhile, in the January-March period this year, Turkey's pig iron imports amounted to 310,401 metric tons, down 6.6 percent year on year, while the revenue generated by these imports totaled $143.35 million, decreasing by 29.9 percent compared to the same period of 2022. In the January-March period this year, Turkey imported 215,395 metric tons of pig iron from Russia, up 291.8 percent year on year. Russia ranked first among Turkey's pig iron import sources in the period in question, followed by Ukraine which supplied 76,579 mt. Turkey's pig iron import sources in the given period are as follows: Country Amount (mt)             January-March 2023 January-March 2022 Change (%) March 2023 March 2022 Change (%) Russia 215,395 54,975 291.81 81,432 28,549 18524 Ukraine 76,579 77,986 -1.80 45,217 39,773 13.69 Germany 17,353 33,000 -47.42 2,053 - - China 975 27,544 -96.46 475 9,504 -95 ### Response: YES

NO

US tool steel exports up 27.7 percent in MarchAccording to export data from the US Department of Commerce, US exports of tool steel totaled 9,865 mt in March 2023, up 27.7 percent from February and up 17.4 percent from March 2022. By value, tool steel exports totaled $19.2 million in March, compared to $13.8 million in the previous month and $16.8 million the same month last year. The US shipped the most tool steel to Mexico in March with 6,533 mt, compared to 5,994 mt in February and 6,024 mt in March 2022. Other top destinations included Canada, with 2,610 mt. There were no other significant destinations (1,000 mt or more) for US tool steel exports in March.

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: US tool steel exports up 27.7 percent in MarchAccording to export data from the US Department of Commerce, US exports of tool steel totaled 9,865 mt in March 2023, up 27.7 percent from February and up 17.4 percent from March 2022. By value, tool steel exports totaled $19.2 million in March, compared to $13.8 million in the previous month and $16.8 million the same month last year. The US shipped the most tool steel to Mexico in March with 6,533 mt, compared to 5,994 mt in February and 6,024 mt in March 2022. Other top destinations included Canada, with 2,610 mt. There were no other significant destinations (1,000 mt or more) for US tool steel exports in March. ### Response: NO

YES

Brazilian flat steel distributor sales decline in AprilSales of flat steel products by Brazilian distributors declined to 301,100 mt in April from 370,300 mt in March, according to the sector institute INDA. On a yearly basis, the decline was 0.5 percent. Under the same comparative basis, purchases by the distributors chain in April declined by 11.8 percent from March to 318,000, while the level of inventories increased by 2.1 percent to 817,600 mt, reaching the equivalent to 2.7 months of consumption, against 2.2 months in March, a level still considered as comfortable, when compared to the historical average of 3.0 months of consumption. Imports in April declined by 3.6 percent from March, reaching 161,000 mt. On a yearly basis, imports increased by 46.7 percent. Such import figures include heavy plates, HRC, CRC, zinc coated, HDG, pre-painted and Galvalume. According to INDA, expectations for May are for purchases and sales increasing by 6 percent from April. Speaking in a conference with analysts, the president of Inda, Carlos Loureiro, mentioned that the current price premium of steel products in the Brazilian domestic market, when compared to the imported product after clearing customs, is in the 25 percent to 26 percent range, one of the highest figures in recent years.  

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: Brazilian flat steel distributor sales decline in AprilSales of flat steel products by Brazilian distributors declined to 301,100 mt in April from 370,300 mt in March, according to the sector institute INDA. On a yearly basis, the decline was 0.5 percent. Under the same comparative basis, purchases by the distributors chain in April declined by 11.8 percent from March to 318,000, while the level of inventories increased by 2.1 percent to 817,600 mt, reaching the equivalent to 2.7 months of consumption, against 2.2 months in March, a level still considered as comfortable, when compared to the historical average of 3.0 months of consumption. Imports in April declined by 3.6 percent from March, reaching 161,000 mt. On a yearly basis, imports increased by 46.7 percent. Such import figures include heavy plates, HRC, CRC, zinc coated, HDG, pre-painted and Galvalume. According to INDA, expectations for May are for purchases and sales increasing by 6 percent from April. Speaking in a conference with analysts, the president of Inda, Carlos Loureiro, mentioned that the current price premium of steel products in the Brazilian domestic market, when compared to the imported product after clearing customs, is in the 25 percent to 26 percent range, one of the highest figures in recent years.   ### Response: YES

NO

Oil, Gold and Dow Jones Fall, US Dollar OutperformsSHANGHAI, May 26 - The US dollar index dipped 0.32 to 104.21. Crude oil prices fell $2.41/bbl to $71.81/bbl. Gold prices lost $15.75/oz to $1940.84/oz. The Dow Jones Industrial Average lost 35.27 to 32764.65.

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: Oil, Gold and Dow Jones Fall, US Dollar OutperformsSHANGHAI, May 26 - The US dollar index dipped 0.32 to 104.21. Crude oil prices fell $2.41/bbl to $71.81/bbl. Gold prices lost $15.75/oz to $1940.84/oz. The Dow Jones Industrial Average lost 35.27 to 32764.65. ### Response: NO

NO

HRC Prices May Fall Further Due To Bearish Macro Sentiment And Poor DemandSHANGHAI, May 25 (SMM) - HRC futures prices fluctuated downwards, closing down 3.11% at 3,551 yuan/mt yesterday. Spot offers in mainstream cities across the country dropped sharply today, and the overall transaction was poor. The daily average output of pig iron in the sample steel mills was 2.24 million mt, which was down 10,000 mt from last week. HRC prices may fall further due to bearish macro sentiment and poor demand.

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: HRC Prices May Fall Further Due To Bearish Macro Sentiment And Poor DemandSHANGHAI, May 25 (SMM) - HRC futures prices fluctuated downwards, closing down 3.11% at 3,551 yuan/mt yesterday. Spot offers in mainstream cities across the country dropped sharply today, and the overall transaction was poor. The daily average output of pig iron in the sample steel mills was 2.24 million mt, which was down 10,000 mt from last week. HRC prices may fall further due to bearish macro sentiment and poor demand. ### Response: NO

NO

Electric Furnace-Based Steel Mills In Central China Suffer Severe Losses And Are Unable To Source Enough Steel ScrapSHANGHAI, May 25 (SMM) - Central China: Steel mills still suffered severe losses and some were unable to source enough steel scrap. The average operating rate fell 5.8 percentage points to 20%.

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: Electric Furnace-Based Steel Mills In Central China Suffer Severe Losses And Are Unable To Source Enough Steel ScrapSHANGHAI, May 25 (SMM) - Central China: Steel mills still suffered severe losses and some were unable to source enough steel scrap. The average operating rate fell 5.8 percentage points to 20%. ### Response: NO

NO

Tight Steel Scrap Supply Likely To Limit Downside Room Of Steel PricesSHANGHAI, May 25 (SMM) - Macro headwinds may weigh on steel prices in the short term, but tight steel scrap supply will limit the downside room of steel prices. Due to persistent losses, operating rates of EF steel mills will drop slightly next week.

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: Tight Steel Scrap Supply Likely To Limit Downside Room Of Steel PricesSHANGHAI, May 25 (SMM) - Macro headwinds may weigh on steel prices in the short term, but tight steel scrap supply will limit the downside room of steel prices. Due to persistent losses, operating rates of EF steel mills will drop slightly next week. ### Response: NO

NO

China’s Raw Coal Production And Coal Imports Both Grow In January -AprilSHANGHAI, May 25 (SMM) - Raw coal production has grown steadily, and imports have continued to increase significantly.

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: China’s Raw Coal Production And Coal Imports Both Grow In January -AprilSHANGHAI, May 25 (SMM) - Raw coal production has grown steadily, and imports have continued to increase significantly. ### Response: NO

YES

Copper and Gold Prices Are Still Bullish, Output Is Cut Despite Historically High Prices, Zhongjin Gold SaysAs for investors' concerns about the impact of the Fed's interest rate hike issue on the future price of the company's main product gold/copper, Zhongjin Gold responded on the investor interaction platform on May 25, saying it is optimistic about the future prices of gold and copper.

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: Copper and Gold Prices Are Still Bullish, Output Is Cut Despite Historically High Prices, Zhongjin Gold SaysAs for investors' concerns about the impact of the Fed's interest rate hike issue on the future price of the company's main product gold/copper, Zhongjin Gold responded on the investor interaction platform on May 25, saying it is optimistic about the future prices of gold and copper. ### Response: YES

YES

Copper Price Weakness Is Caused by Sluggish Demand Rather than Stronger Dollar, Demand in Western Countries Are Hit Much Harder than PerceivedAccording to the Financial Times, Natalie Scott-Gray, a metals analyst at brokerage StoneX, said that copper prices are starting to be affected by weak demand rather than major macroeconomic factors such as the dollar exchange rate. 'This is the first physical evidence we've seen that demand in Western countries has been hit harder than expected,' she said.

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: Copper Price Weakness Is Caused by Sluggish Demand Rather than Stronger Dollar, Demand in Western Countries Are Hit Much Harder than PerceivedAccording to the Financial Times, Natalie Scott-Gray, a metals analyst at brokerage StoneX, said that copper prices are starting to be affected by weak demand rather than major macroeconomic factors such as the dollar exchange rate. 'This is the first physical evidence we've seen that demand in Western countries has been hit harder than expected,' she said. ### Response: YES

NO

Plummeting Global Demand Sends LME Copper Contango To 20-Year HighLME copper contango has risen to its widest level in nearly two decades as global demand for the metal has plummeted.

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: Plummeting Global Demand Sends LME Copper Contango To 20-Year HighLME copper contango has risen to its widest level in nearly two decades as global demand for the metal has plummeted. ### Response: NO

YES

China Primary Aluminium Imports Soared 188% YoY in April  According to the latest customs data, China imported 99,972 mt of primary aluminium in April 2023, up 38.67% month on month and 187.81% year on year. 

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: China Primary Aluminium Imports Soared 188% YoY in April  According to the latest customs data, China imported 99,972 mt of primary aluminium in April 2023, up 38.67% month on month and 187.81% year on year.  ### Response: YES

YES

China Alumina Output to Register a CAGR of 5.9% from 2013 to 2023SHANGHAI, May 25 (SMM) - From 2013 to 2023, the annual output of alumina in China is estimated to increase from 46.53 million mt to 78.07 million mt, with a compound annual growth rate (CAGR) of 5.9%. 2013-2018 was the stage of rapid development of the Chinese alumina industry. The capacity utilisation rate peaked at 87% in 2017-2018, but kept falling thereafter and hit a low of 77% in 2020 before recovering slightly to around 80%.

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: China Alumina Output to Register a CAGR of 5.9% from 2013 to 2023SHANGHAI, May 25 (SMM) - From 2013 to 2023, the annual output of alumina in China is estimated to increase from 46.53 million mt to 78.07 million mt, with a compound annual growth rate (CAGR) of 5.9%. 2013-2018 was the stage of rapid development of the Chinese alumina industry. The capacity utilisation rate peaked at 87% in 2017-2018, but kept falling thereafter and hit a low of 77% in 2020 before recovering slightly to around 80%. ### Response: YES

NO

SHFE Aluminium May Be Vulnerable to Drop below 18,000 yuan/mtSHANGHAI, May 26 (SMM) - The most-traded SHFE 2307 aluminium contract opened at 17,750 yuan/mt overnight, with its low and high at 17,575 yuan/mt and 17,920 yuan/mt before closing at 17,765 yuan/mt, up 115 yuan/mt or 0.65%. LME aluminium opened at $2,209/mt on Thursday, with its low and high at $2,193/mt and $2,239/mt respectively before closing at $2,214/mt, up $8/mt or 0.36%.

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: SHFE Aluminium May Be Vulnerable to Drop below 18,000 yuan/mtSHANGHAI, May 26 (SMM) - The most-traded SHFE 2307 aluminium contract opened at 17,750 yuan/mt overnight, with its low and high at 17,575 yuan/mt and 17,920 yuan/mt before closing at 17,765 yuan/mt, up 115 yuan/mt or 0.65%. LME aluminium opened at $2,209/mt on Thursday, with its low and high at $2,193/mt and $2,239/mt respectively before closing at $2,214/mt, up $8/mt or 0.36%. ### Response: NO

YES

China's refined oil exports surge by 76% from Jan to Apr

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: China's refined oil exports surge by 76% from Jan to Apr ### Response: YES

YES

Guangdong strives to achieve 33 Mt coal reserve capacity by '25South China's Guangdong province will strive to achieve coal reserve capacity of 33 million tonnes by 2025, according to a work plan for 2023-25 released by the Energy Bureau of Guangdong Province on May 24.

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: Guangdong strives to achieve 33 Mt coal reserve capacity by '25South China's Guangdong province will strive to achieve coal reserve capacity of 33 million tonnes by 2025, according to a work plan for 2023-25 released by the Energy Bureau of Guangdong Province on May 24. ### Response: YES