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You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.
Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: 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
YES
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 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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'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 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: Indian spinning mills incur losses; TN mills cut production by 50% ### 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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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
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: 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 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 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
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: 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
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: 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 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 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
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: 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
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: China's refined oil exports surge by 76% from Jan to Apr ### Response: YES
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: 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
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: China rebar, HRC futures prices drop to over 7-month lowAgainst the backdrop of gloomy steel demand and a pessimistic market outlook, China's most traded rebar and hot-rolled coil (HRC) contracts in Shanghai's futures market slumped again on May 25, refreshing new lows since November 1 2022. ### Response: YES
YES
China rebar, HRC futures prices drop to over 7-month lowAgainst the backdrop of gloomy steel demand and a pessimistic market outlook, China's most traded rebar and hot-rolled coil (HRC) contracts in Shanghai's futures market slumped again on May 25, refreshing new lows since November 1 2022.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: NMDC eyes 46-50 mnt of iron ore output in FY'24NMDC, India's largest iron ore producer, recently announced its financial year (April 2022-March, 2023) results. The company reported its second-best iron ore production volumes in the preceding fiscal. Expected production in FY24 will be around 46-50 million tonne (mnt) as against the current volume of 41 mnt. ### Response: YES
YES
India: NMDC eyes 46-50 mnt of iron ore output in FY'24NMDC, India's largest iron ore producer, recently announced its financial year (April 2022-March, 2023) results. The company reported its second-best iron ore production volumes in the preceding fiscal. Expected production in FY24 will be around 46-50 million tonne (mnt) as against the current volume of 41 mnt.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Sesame seeds: new crop floods marketsIndia wins bid for two thirdsThe arrival of the new crop in the Indian trading markets and the ongoing tender had recently put pressure on sesame seed prices. Indian market players had originally not expected to have a high chance. However, the outcome turned out better than expected. The Korea Agro-Fisheries & Food Trade Corporation had tendered a total of 15,000 mt of sesame seeds in two blocks of 7,500 mt each. Indian exporters were able to convince with their bids of USD 1,875-1,922/mt and secured a total of 10,200 mt, i.e. a good two-thirds of the tender. ### Response: YES
YES
Sesame seeds: new crop floods marketsIndia wins bid for two thirdsThe arrival of the new crop in the Indian trading markets and the ongoing tender had recently put pressure on sesame seed prices. Indian market players had originally not expected to have a high chance. However, the outcome turned out better than expected. The Korea Agro-Fisheries & Food Trade Corporation had tendered a total of 15,000 mt of sesame seeds in two blocks of 7,500 mt each. Indian exporters were able to convince with their bids of USD 1,875-1,922/mt and secured a total of 10,200 mt, i.e. a good two-thirds of the tender.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Almonds: Australia's exports break new record ### Response: YES
YES
Almonds: Australia's exports break new record
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: PPG invests US$44 million to boost powder productionPPG announced a $44 million investment to upgrade five powder coating manufacturing facilities in the U.S. and Latin America. The projects are part of PPG’s strategic efforts to expand its powder coatings offerings and increase global production to meet growing customer demand for sustainably advantaged products. Collectively, the investment – $30 million for U.S. plants and $14 million for facilities in Latin America – is expected to increase overall capacity, add production capabilities for bonded metallic powders, improve processing times with automated packaging, and enhance capabilities to produce small, medium and large batches. Enhancements and expansions are already completed or under way at powder production facilities in Brazil, Ind., Gainesville, Texas; Greensboro, N.C.; San Juan del Rio, Mexico; and Sumaré, Brazil. PPG expects to complete these total projects by the fourth quarter of 2023. “Focusing on powder coatings is a win-win for PPG and our customers as we are able to offer greater access to sustainably advantaged products,” said Marizeth Carvalho, PPG Global Director, Powder Coatings, Industrial Coatings.“Powder is the fastest growing coatings technology in the world and PPG’s goal is to lead that charge through innovation and production advancements.” PPG is a leading supplier of powder coatings to the automotive, general industrial, appliance, furniture and other key industries. It has an expansive global footprint with 21 powder manufacturing plants – seven with bonding capabilities – a powder resin plant, an R&D development center and a global center of excellence. “We continue to accelerate the growth of our powder coatings business to meet the demand of our customers and enhance their experience, wherever they are in the world,” Carvalho said. “These strategic expansions will provide increased access to new and existing products.” ### Response: YES
YES
PPG invests US$44 million to boost powder productionPPG announced a $44 million investment to upgrade five powder coating manufacturing facilities in the U.S. and Latin America. The projects are part of PPG’s strategic efforts to expand its powder coatings offerings and increase global production to meet growing customer demand for sustainably advantaged products. Collectively, the investment – $30 million for U.S. plants and $14 million for facilities in Latin America – is expected to increase overall capacity, add production capabilities for bonded metallic powders, improve processing times with automated packaging, and enhance capabilities to produce small, medium and large batches. Enhancements and expansions are already completed or under way at powder production facilities in Brazil, Ind., Gainesville, Texas; Greensboro, N.C.; San Juan del Rio, Mexico; and Sumaré, Brazil. PPG expects to complete these total projects by the fourth quarter of 2023. “Focusing on powder coatings is a win-win for PPG and our customers as we are able to offer greater access to sustainably advantaged products,” said Marizeth Carvalho, PPG Global Director, Powder Coatings, Industrial Coatings.“Powder is the fastest growing coatings technology in the world and PPG’s goal is to lead that charge through innovation and production advancements.” PPG is a leading supplier of powder coatings to the automotive, general industrial, appliance, furniture and other key industries. It has an expansive global footprint with 21 powder manufacturing plants – seven with bonding capabilities – a powder resin plant, an R&D development center and a global center of excellence. “We continue to accelerate the growth of our powder coatings business to meet the demand of our customers and enhance their experience, wherever they are in the world,” Carvalho said. “These strategic expansions will provide increased access to new and existing products.”
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Power tariff remains unchanged in UP for 2023-24LUCKNOW: In a big relief to electricity consumers, the UP Electricity Regulatory Commission (UPERC) has kept the power tariff unchanged for 2023-24. This would be the fifth year in a row that the power tariff in UP has not been increased – the last revision was done in 2018-19. The development also assumes much significance in the run-up to the Lok Sabha polls due next year. The power consumers, essentially in the urban areas, would thus continue to pay their electricity bills as per the earlier slabs. The electricity regulator which held separate public hearings in all distribution companies junked the proposal put forth by the UP Power Corporation Limited (UPPCL) suggesting a hike between 18% to 23%. Advt Announcing the tariff, UPERC chairman, RP Singh and commission members BK Srivastava and Sanjay Kumar Singh said that the tariff was not increased because the expenditure suggested by the UPPCL was “not prudent”. The UPPCL had proposed a revenue requirement of Rs 92,564 crore for 2023-24. The commission however approved Rs 86,579 crore. A senior official in the UPERC said that there was no justification for increasing the tariff since the UPPCL was not able to justify any rise in expense. By Pankaj Shah , TNN Published On May 25, 2023 at 04:25 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 Power tariff in UP Power rates in NOida Lucknow electricity rate UP Electricity Regulatory Commission UPERC Home News Power Power tariff remains unchanged in UP for 2023-24 ### Response: NO
NO
Power tariff remains unchanged in UP for 2023-24LUCKNOW: In a big relief to electricity consumers, the UP Electricity Regulatory Commission (UPERC) has kept the power tariff unchanged for 2023-24. This would be the fifth year in a row that the power tariff in UP has not been increased – the last revision was done in 2018-19. The development also assumes much significance in the run-up to the Lok Sabha polls due next year. The power consumers, essentially in the urban areas, would thus continue to pay their electricity bills as per the earlier slabs. The electricity regulator which held separate public hearings in all distribution companies junked the proposal put forth by the UP Power Corporation Limited (UPPCL) suggesting a hike between 18% to 23%. Advt Announcing the tariff, UPERC chairman, RP Singh and commission members BK Srivastava and Sanjay Kumar Singh said that the tariff was not increased because the expenditure suggested by the UPPCL was “not prudent”. The UPPCL had proposed a revenue requirement of Rs 92,564 crore for 2023-24. The commission however approved Rs 86,579 crore. A senior official in the UPERC said that there was no justification for increasing the tariff since the UPPCL was not able to justify any rise in expense. By Pankaj Shah , TNN Published On May 25, 2023 at 04:25 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 Power tariff in UP Power rates in NOida Lucknow electricity rate UP Electricity Regulatory Commission UPERC Home News Power Power tariff remains unchanged in UP for 2023-24
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: Bangladesh open to discounted oil imports from Russia: Sheikh HasinaBangladesh, following India's footsteps, has announced that it is open to purchasing Russian oil if it's offered at an affordable price. 'Bangladesh is open to purchasing Russian crude if it's offered at an affordable price. 'We are developing our country, meeting our people's needs, and improving their lives,' PM Sheikh Hasina told the media during her visit to Doha on Wednesday. Following India's footsteps she also said that Bangladesh is committed to maintaining friendly relations with all countries and does not take sides in conflicts between nations. Dhaka has been in talks with Moscow to purchase discounted Russian oil, some of which can be transported from India. Advt Bangladesh is currently facing difficulties stemming from an energy shortage and high prices, but the government is taking measures to support the population, Hasina added. ET had earlier reported that India is exploring the possibility of emerging as a transit country to transport Russian oil and gas to Bangladesh. Delhi has geographical location and strong political ties with Dhaka. Last year Hasina has hoped that the import of fuel oil from India through pipeline will start next year. Meanwhile, USA-Bangladesh ties could turn lukewarm over announcement by the State Department. The United States has announced a new visa policy to support Bangladesh’s goal of holding free, fair, and peaceful national elections. The policy will preclude issuance of US visas for any Bangladeshi individuals who are responsible for undermining democratic election process. The US Secretary of State Antony J Blinken made the announcement at a statement on 24 March. The new policy of the U.S. government on denying visa to specific individuals who may undermine the upcoming poll in Bangladesh will not “bother” Dhaka, said Deputy Foreign Minister Shariar Alam. Alam said that the Sheikh Hasina government is “committed” to holding transparent election and that the latest American measure “does not bother” the government of Bangladesh. The Deputy Minister said the Awami League government will give a more detailed response after studying the announcement. Sources told ET from Dhaka that the US administration may have been influenced from certain political quarters to issue this directive. By Dipanjan Roy Chaudhury , ET Bureau Published On May 26, 2023 at 07:31 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 Sheikh Hasina discounted oil imports russian oil imports USA-Bangladesh ties Antony J Blinken Shariar Alam Home News Oil & Gas Bangladesh open to discounted oil imports from Russia: Sheikh Hasina ### Response: YES
YES
Bangladesh open to discounted oil imports from Russia: Sheikh HasinaBangladesh, following India's footsteps, has announced that it is open to purchasing Russian oil if it's offered at an affordable price. 'Bangladesh is open to purchasing Russian crude if it's offered at an affordable price. 'We are developing our country, meeting our people's needs, and improving their lives,' PM Sheikh Hasina told the media during her visit to Doha on Wednesday. Following India's footsteps she also said that Bangladesh is committed to maintaining friendly relations with all countries and does not take sides in conflicts between nations. Dhaka has been in talks with Moscow to purchase discounted Russian oil, some of which can be transported from India. Advt Bangladesh is currently facing difficulties stemming from an energy shortage and high prices, but the government is taking measures to support the population, Hasina added. ET had earlier reported that India is exploring the possibility of emerging as a transit country to transport Russian oil and gas to Bangladesh. Delhi has geographical location and strong political ties with Dhaka. Last year Hasina has hoped that the import of fuel oil from India through pipeline will start next year. Meanwhile, USA-Bangladesh ties could turn lukewarm over announcement by the State Department. The United States has announced a new visa policy to support Bangladesh’s goal of holding free, fair, and peaceful national elections. The policy will preclude issuance of US visas for any Bangladeshi individuals who are responsible for undermining democratic election process. The US Secretary of State Antony J Blinken made the announcement at a statement on 24 March. The new policy of the U.S. government on denying visa to specific individuals who may undermine the upcoming poll in Bangladesh will not “bother” Dhaka, said Deputy Foreign Minister Shariar Alam. Alam said that the Sheikh Hasina government is “committed” to holding transparent election and that the latest American measure “does not bother” the government of Bangladesh. The Deputy Minister said the Awami League government will give a more detailed response after studying the announcement. Sources told ET from Dhaka that the US administration may have been influenced from certain political quarters to issue this directive. By Dipanjan Roy Chaudhury , ET Bureau Published On May 26, 2023 at 07:31 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 Sheikh Hasina discounted oil imports russian oil imports USA-Bangladesh ties Antony J Blinken Shariar Alam Home News Oil & Gas Bangladesh open to discounted oil imports from Russia: Sheikh Hasina
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Kenya to import 180,000 metric tons of sugarRepresentational image The Kenyan government plans to import 180,000 metric tons of sugar to keep a check on the rising sugar prices, reports Citizen Digital. The scarcity of the cane that has affected the crushing operations of the sugar mills resulting in lower output is the main reason behind the price rise, said Agriculture CS Mithika Linturi. “This is unfortunate that we have to import sugar but we are procuring 180,000 metric tons of sugar to ensure that consumers get sugar at affordable prices,” he said. “Regional markets are experiencing similar situations so we have to import sugar from other markets,” he said. “Our mills are not producing and crushing enough sugar so we have to import sugar within and outside COMESA,” said Linturi. “Increasing area under cane cultivation is the only solution to resolve this problem. We urge farmers to cooperate with the mills that are crushing cane lower than their capacity,” he said. ### Response: NO
NO
Kenya to import 180,000 metric tons of sugarRepresentational image The Kenyan government plans to import 180,000 metric tons of sugar to keep a check on the rising sugar prices, reports Citizen Digital. The scarcity of the cane that has affected the crushing operations of the sugar mills resulting in lower output is the main reason behind the price rise, said Agriculture CS Mithika Linturi. “This is unfortunate that we have to import sugar but we are procuring 180,000 metric tons of sugar to ensure that consumers get sugar at affordable prices,” he said. “Regional markets are experiencing similar situations so we have to import sugar from other markets,” he said. “Our mills are not producing and crushing enough sugar so we have to import sugar within and outside COMESA,” said Linturi. “Increasing area under cane cultivation is the only solution to resolve this problem. We urge farmers to cooperate with the mills that are crushing cane lower than their capacity,” he 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: Government's Failure to Meet Procurement Targets Results in the Extension of Wheat Export BanNew Delhi: According to a senior government official, the ban on Wheat export will remain in place for the current year. The ban was initially implemented in May of last year following a decrease in the country's Wheat production. ### Response: YES
YES
Government's Failure to Meet Procurement Targets Results in the Extension of Wheat Export BanNew Delhi: According to a senior government official, the ban on Wheat export will remain in place for the current year. The ban was initially implemented in May of last year following a decrease in the country's Wheat production.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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 yarn prices decline in Ludhiana; comber down due to poor demand ### Response: YES
YES
Cotton yarn prices decline in Ludhiana; comber down due to 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: EU extends tariff suspension for imports from UkraineThe European Union agreed on Thursday to suspend restrictions on imports from Ukraine for a further year after warding off an import ban on grain imposed by some EU nations, reported Reuters.The Council of the EU, the grouping of EU governments, said in a tweet that EU ministers responsible for trade had agreed to the extension at a meeting on Thursday. The European Union lifted tariffs and other restrictions for an initial 12 months in June 2022.The suspension of all duties has led to complaints from farming groups, culminating in Poland and Hungary banning some Ukraine grain imports in April. The countries became transit routes for Ukrainian grain that could not be exported through its Black Sea ports.Even before Russia's invasion in February last year, Ukraine had been benefitting from the elimination of the vast majority of EU tariffs, in some cases with transition periods, under the EU-Ukraine free trade agreement applied since 2016.However, up until 2022, the EU had retained minimum prices for fruit and vegetables and tariffs and quotas on other sensitive farm products, such as meat, dairy, sugar and some cereals.Five neighbouring countries - Hungary, Poland, Bulgaria, Romania and Slovakia - will bar domestic sales of certain grains from Ukraine, while allowing their transit for export elsewhere.The European Parliament has already backed the tariff suspension proposal. ### Response: YES
YES
EU extends tariff suspension for imports from UkraineThe European Union agreed on Thursday to suspend restrictions on imports from Ukraine for a further year after warding off an import ban on grain imposed by some EU nations, reported Reuters.The Council of the EU, the grouping of EU governments, said in a tweet that EU ministers responsible for trade had agreed to the extension at a meeting on Thursday. The European Union lifted tariffs and other restrictions for an initial 12 months in June 2022.The suspension of all duties has led to complaints from farming groups, culminating in Poland and Hungary banning some Ukraine grain imports in April. The countries became transit routes for Ukrainian grain that could not be exported through its Black Sea ports.Even before Russia's invasion in February last year, Ukraine had been benefitting from the elimination of the vast majority of EU tariffs, in some cases with transition periods, under the EU-Ukraine free trade agreement applied since 2016.However, up until 2022, the EU had retained minimum prices for fruit and vegetables and tariffs and quotas on other sensitive farm products, such as meat, dairy, sugar and some cereals.Five neighbouring countries - Hungary, Poland, Bulgaria, Romania and Slovakia - will bar domestic sales of certain grains from Ukraine, while allowing their transit for export elsewhere.The European Parliament has already backed the tariff suspension proposal.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Record high wheat and rice production expected, boosting domestic availabilityThe estimates of higher production for wheat are welcome as this may boost domestic availability. The government was forced to ban wheat exports in May last year to control the prices of wheat flour or atta. Third Advance Estimates of production of wheat and rice crops for the agricultural year 2022-23 (July 2022-June 2023) have predicted a record high of 112.74 million tonnes (mt) for wheat and 135.54 mt for rice. The increase is, however, marginal, with a rise of 5 mt for wheat and 6 mt for rice. The total foodgrain production in the country is estimated to be a record 330 mt, which is higher by 14.91 mt compared to the previous year, 2021-22. The Ministry had set a target of achieving 328 million tonnes of foodgrain in the agricultural year 2022-23. 'Agriculture sector is developing day by day due to the hard work of farmers, proficiency of scientists, and farmer-friendly policies of the Government,' a press statement by Agriculture Minister Narendra Singh Tomar on the release of the 3rd advanced estimates stated. The production of sugarcane has seen a boom, estimated at a record production of 494.22 mt. The production of sugarcane during 2022-23 is higher by 54.8 mt than the previous year's production. In addition to foodgrains, the ministry stated that the total oilseeds production in the country during 2022-23 is also estimated to rise to a record 40.96 mt, which is higher by 3.03 mt compared to the previous year's oilseeds production. Related stories Modi @ 9 | PM’s farmer scheme a hit but government still far from goal of doubling agricultural in... Karnataka to use blockchain-based seed traceability to support farmers Farmers and industry suffer as pesticides regulations stay lax   The previous high in production of wheat, a major rabi crop, was achieved in the 2020-21 crop year at 109.58 million tonnes. The output had fallen to 107.74 million tonnes last year due to heatwaves in major wheat-producing states. The estimates of higher production for wheat are welcome as this may boost domestic availability. The government was forced to ban wheat exports in May last year to control the prices of wheat flour or atta. Tomar also told the Lok Sabha in a written reply on March 15 this year that, at present, there was no proposal from the ministry for lifting restrictions on the export of wheat. Read More ### Response: YES
YES
Record high wheat and rice production expected, boosting domestic availabilityThe estimates of higher production for wheat are welcome as this may boost domestic availability. The government was forced to ban wheat exports in May last year to control the prices of wheat flour or atta. Third Advance Estimates of production of wheat and rice crops for the agricultural year 2022-23 (July 2022-June 2023) have predicted a record high of 112.74 million tonnes (mt) for wheat and 135.54 mt for rice. The increase is, however, marginal, with a rise of 5 mt for wheat and 6 mt for rice. The total foodgrain production in the country is estimated to be a record 330 mt, which is higher by 14.91 mt compared to the previous year, 2021-22. The Ministry had set a target of achieving 328 million tonnes of foodgrain in the agricultural year 2022-23. 'Agriculture sector is developing day by day due to the hard work of farmers, proficiency of scientists, and farmer-friendly policies of the Government,' a press statement by Agriculture Minister Narendra Singh Tomar on the release of the 3rd advanced estimates stated. The production of sugarcane has seen a boom, estimated at a record production of 494.22 mt. The production of sugarcane during 2022-23 is higher by 54.8 mt than the previous year's production. In addition to foodgrains, the ministry stated that the total oilseeds production in the country during 2022-23 is also estimated to rise to a record 40.96 mt, which is higher by 3.03 mt compared to the previous year's oilseeds production. Related stories Modi @ 9 | PM’s farmer scheme a hit but government still far from goal of doubling agricultural in... Karnataka to use blockchain-based seed traceability to support farmers Farmers and industry suffer as pesticides regulations stay lax   The previous high in production of wheat, a major rabi crop, was achieved in the 2020-21 crop year at 109.58 million tonnes. The output had fallen to 107.74 million tonnes last year due to heatwaves in major wheat-producing states. The estimates of higher production for wheat are welcome as this may boost domestic availability. The government was forced to ban wheat exports in May last year to control the prices of wheat flour or atta. Tomar also told the Lok Sabha in a written reply on March 15 this year that, at present, there was no proposal from the ministry for lifting restrictions on the export of wheat. 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 pegs 2022-23 food grain output at record 330.5 mln tn, up 5%Informist, Thursday, May 25, 2023   MUMBAI – India is likely to produce a record 330.5 mln tn food grain in the current crop year ending June, according to the third advance estimate released by the farm ministry today. Production of food grain is seen nearly 5% higher on year.   In its second advance estimate released in February, the government had pegged food grain output for 2022-23 (Jul-Jun) at 323.5 mln tn.    In 2022-23, the country is likely to see bumper rice and wheat output. Wheat production is seen at 112.7 mln tn this year against 107.7 mln tn in 2021-22, according to the data. The wheat estimate is slightly higher than the government's second advance estimate for the crop at 112.2 mln tn.    India is seen harvesting 135.5 mln tn of rice against 129.5 mln tn estimated for the previous year. In the previous estimate, rice output was pegged at 130.8 mln tn.    According to the estimates, pulses output is seen at 27.5 mln tn in the ongoing crop year, as against 27.3 mln tn in the previous year.   Chana output for 2022-23 is pegged at 13.5 mln tn largely unchanged from 2021-22. Tur output is seen at 3.4 mln tn compared with 4.2 mln tn in the final estimate of last year.   Wheat output in 2022-23 (Jul-Jun) is seen at a new record high, which is set to surpass the previous high of 109.6 mln tn achieved in 2020-21, according to the farm ministry data.    Estimate for sugarcane has also been raised from the second advance estimate released in February. It is also set to touch a new record high in 2022-23 (Jul-Jun), and the estimate is 12.5% higher than last year's output.    As for the next crop season, which is 2023-24 (Jul-Jun), forecasts of setting in of the El Nino climate pattern and the likely hit on monsoon rains in India this year have raised concern that India's food grain output may be affected.   Crops such as sugarcane and rice are heavily dependent on water.    Last month, the India Meteorological Department forecast normal rains during the Jun-Sep southwest monsoon season at 96% of the long-period average, but also said that the El Nino phenomenon may develop in July. El Nino, an abnormal warming of surface ocean temperatures in the eastern tropical Pacific, is usually linked to lower rainfall in India. The emergence of a positive Indian Ocean Dipole may, however, offset some of the El Nino impact, the IMD said.    The following table details the third and the second advance production estimates for key crops in 2022-23 and the final estimates for 2021–22 crops. The table also details changes in percentage terms of third advance estimates and last year's output (values in mln tn):   Crop 2022-23 (Jul-Jun) Third Estimate 2022-23 (Jul-Jun) Second Estimate 2021-22 (Jul-Jun) Final Estimate Change from 2021-22 (in %) Rice 135.5 130.8 129.5 4.6 Wheat 112.7 112.2 107.7 4.6 Bajra 11.2 9.78 9.8 14.3 Maize 35.9 34.6 33.7 6.5 TOTAL CEREALS 303 295.7 288.3 5.1 Tur 3.4 3.7 4.2 (-)19.0 Chana 13.5 13.6 13.5 0.0 Urad 2.6 2.7 2.8 (-)7.1 Moong 3.7 3.5 3.2 15.6 Masur 1.6 1.6 1.3 23.1 TOTAL PULSES 27.5 27.8 27.3 0.7 TOTAL FOODGRAIN 330.5 323.5 315.6 4.7 Groundnut 10.3 10.1 10.1 2.0 Soybean 15 14 13 15.4 Mustard 12.5 12.8 12 4.2 TOTAL OILSEEDS 41 40 38 7.9 Sugarcane 494.2 468.8 439.4 12.5 Cotton* 34.3 33.7 31.1 10.3 Jute** 9.1 9.7 9.8 (-)7.1 *Cotton is in bales (1 cotton bale = 170 kg)  **Jute is in bales (1 jute bale = 180 kg)   End   Reported by Sayantan Sarkar Edited by Akul Nishant Akhoury     For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.   Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.   Informist Media Tel +91 (22) 6985-4000 Send comments to feedback@informistmedia.com   © Informist Media Pvt. Ltd. 2023. All rights reserved.   ### Response: NO
NO
Govt pegs 2022-23 food grain output at record 330.5 mln tn, up 5%Informist, Thursday, May 25, 2023   MUMBAI – India is likely to produce a record 330.5 mln tn food grain in the current crop year ending June, according to the third advance estimate released by the farm ministry today. Production of food grain is seen nearly 5% higher on year.   In its second advance estimate released in February, the government had pegged food grain output for 2022-23 (Jul-Jun) at 323.5 mln tn.    In 2022-23, the country is likely to see bumper rice and wheat output. Wheat production is seen at 112.7 mln tn this year against 107.7 mln tn in 2021-22, according to the data. The wheat estimate is slightly higher than the government's second advance estimate for the crop at 112.2 mln tn.    India is seen harvesting 135.5 mln tn of rice against 129.5 mln tn estimated for the previous year. In the previous estimate, rice output was pegged at 130.8 mln tn.    According to the estimates, pulses output is seen at 27.5 mln tn in the ongoing crop year, as against 27.3 mln tn in the previous year.   Chana output for 2022-23 is pegged at 13.5 mln tn largely unchanged from 2021-22. Tur output is seen at 3.4 mln tn compared with 4.2 mln tn in the final estimate of last year.   Wheat output in 2022-23 (Jul-Jun) is seen at a new record high, which is set to surpass the previous high of 109.6 mln tn achieved in 2020-21, according to the farm ministry data.    Estimate for sugarcane has also been raised from the second advance estimate released in February. It is also set to touch a new record high in 2022-23 (Jul-Jun), and the estimate is 12.5% higher than last year's output.    As for the next crop season, which is 2023-24 (Jul-Jun), forecasts of setting in of the El Nino climate pattern and the likely hit on monsoon rains in India this year have raised concern that India's food grain output may be affected.   Crops such as sugarcane and rice are heavily dependent on water.    Last month, the India Meteorological Department forecast normal rains during the Jun-Sep southwest monsoon season at 96% of the long-period average, but also said that the El Nino phenomenon may develop in July. El Nino, an abnormal warming of surface ocean temperatures in the eastern tropical Pacific, is usually linked to lower rainfall in India. The emergence of a positive Indian Ocean Dipole may, however, offset some of the El Nino impact, the IMD said.    The following table details the third and the second advance production estimates for key crops in 2022-23 and the final estimates for 2021–22 crops. The table also details changes in percentage terms of third advance estimates and last year's output (values in mln tn):   Crop 2022-23 (Jul-Jun) Third Estimate 2022-23 (Jul-Jun) Second Estimate 2021-22 (Jul-Jun) Final Estimate Change from 2021-22 (in %) Rice 135.5 130.8 129.5 4.6 Wheat 112.7 112.2 107.7 4.6 Bajra 11.2 9.78 9.8 14.3 Maize 35.9 34.6 33.7 6.5 TOTAL CEREALS 303 295.7 288.3 5.1 Tur 3.4 3.7 4.2 (-)19.0 Chana 13.5 13.6 13.5 0.0 Urad 2.6 2.7 2.8 (-)7.1 Moong 3.7 3.5 3.2 15.6 Masur 1.6 1.6 1.3 23.1 TOTAL PULSES 27.5 27.8 27.3 0.7 TOTAL FOODGRAIN 330.5 323.5 315.6 4.7 Groundnut 10.3 10.1 10.1 2.0 Soybean 15 14 13 15.4 Mustard 12.5 12.8 12 4.2 TOTAL OILSEEDS 41 40 38 7.9 Sugarcane 494.2 468.8 439.4 12.5 Cotton* 34.3 33.7 31.1 10.3 Jute** 9.1 9.7 9.8 (-)7.1 *Cotton is in bales (1 cotton bale = 170 kg)  **Jute is in bales (1 jute bale = 180 kg)   End   Reported by Sayantan Sarkar Edited by Akul Nishant Akhoury     For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.   Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.   Informist Media Tel +91 (22) 6985-4000 Send comments to feedback@informistmedia.com   © Informist Media Pvt. Ltd. 2023. All rights reserved.  
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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 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. 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. ### Response: YES
YES
Oil prices fall on US debt uncertaintyOil 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. 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.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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 wheat output set to touch a new record of 112.74 mn ton in 2022-23: Govt dataThe country's wheat production is estimated to set a new record of 112.74 million tonne in the 2022-23 crop year (July-June), while the overall foodgrain output is also likely to be a record 330.53 million tonne, the Agriculture Ministry said on Thursday. As per the third advance estimate of foodgrains released by the Agriculture Ministry, the country's overall wheat production has surpassed the government's target of 112 million tonne set for the current year, notwithstanding unseasonal rains during the harvesting period. Wheat production declined to 107.74 million tonnes due to heat waves in key growing states in the 2021-22 crop year. The previous record of 109.59 million tonne in wheat output was achieved during the 2020-21 crop year. Sowing of wheat, the main rabi (winter) crop, had begun from October onwards, while harvesting is expected to get over by June 15 this year. The total foodgrain production is also estimated to touch a record 330.53 million tonne in the 2022-23 crop year against the actual output of 315.61 million tonnes in the previous crop year, as per the third estimate. ### Response: YES
YES
India's wheat output set to touch a new record of 112.74 mn ton in 2022-23: Govt dataThe country's wheat production is estimated to set a new record of 112.74 million tonne in the 2022-23 crop year (July-June), while the overall foodgrain output is also likely to be a record 330.53 million tonne, the Agriculture Ministry said on Thursday. As per the third advance estimate of foodgrains released by the Agriculture Ministry, the country's overall wheat production has surpassed the government's target of 112 million tonne set for the current year, notwithstanding unseasonal rains during the harvesting period. Wheat production declined to 107.74 million tonnes due to heat waves in key growing states in the 2021-22 crop year. The previous record of 109.59 million tonne in wheat output was achieved during the 2020-21 crop year. Sowing of wheat, the main rabi (winter) crop, had begun from October onwards, while harvesting is expected to get over by June 15 this year. The total foodgrain production is also estimated to touch a record 330.53 million tonne in the 2022-23 crop year against the actual output of 315.61 million tonnes in the previous crop year, as per the third estimate.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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 lifts the ban on rice to support other nations for meeting food securityIndia is reported to have lifted the ban on the export of broken rice to meet the food security needs of other countries. Although the export policy generally prohibits broken rice exports, the government will now allow shipments based on requests and approval from other nations. This decision was made due to concerns about production caused by below-average monsoon rainfall in key growing states. The Directorate General of Foreign Trade (DGFT) will oversee the export process, granting permission upon the Indian government's approval and the request from the importing country. As part of its economic diplomacy efforts, India plans to send around 1.05 million tonnes of food grains to Nepal, Indonesia, Senegal, and Gambia in the current financial year. India is the second-largest rice producer globally, accounting for 40% of global trade. In the previous financial year, the country exported 17.79 million tonnes of non-basmati rice and 3 million tonnes of broken rice, with a decline in broken rice exports due to the export ban. However, exports of organic non-basmati rice and organic non-basmati broken rice were permitted in December 2022. ### Response: YES
YES
India lifts the ban on rice to support other nations for meeting food securityIndia is reported to have lifted the ban on the export of broken rice to meet the food security needs of other countries. Although the export policy generally prohibits broken rice exports, the government will now allow shipments based on requests and approval from other nations. This decision was made due to concerns about production caused by below-average monsoon rainfall in key growing states. The Directorate General of Foreign Trade (DGFT) will oversee the export process, granting permission upon the Indian government's approval and the request from the importing country. As part of its economic diplomacy efforts, India plans to send around 1.05 million tonnes of food grains to Nepal, Indonesia, Senegal, and Gambia in the current financial year. India is the second-largest rice producer globally, accounting for 40% of global trade. In the previous financial year, the country exported 17.79 million tonnes of non-basmati rice and 3 million tonnes of broken rice, with a decline in broken rice exports due to the export ban. However, exports of organic non-basmati rice and organic non-basmati broken rice were permitted in December 2022.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Blue Water Fisheries proposes offshore aquaculture operation in US NortheastBlue Water Fisheries, based in the U.S. state of New Hampshire, is proposing a new offshore aquaculture operation in the waters off the coast of New England. The company has proposed installing 40 submersible fish pens in two mooring grids that would occupy 250 acres of open water roughly seven miles off the coast of Newburyport, Massachusetts, U.S.A. The company hopes to grow salmon and steelhead trout at the farm, along with lumpfish for a research study, using technology from Innovasea. The company submitted plans for the project to the Mid-Atlantic Fishery Management Council (MAFMC) in 2020, originally seeking a location off the coast of either Maine, New Hampshire, or Massachusetts. The council helped narrow down potential sites to ones with consistent depth and low vessel traffic, ultimately arriving at the currently proposed site.In June 2021, the U.S. Army Corps of Engineers issued a public comment period for the work, which included further details that the project would require a fleet of six vessels to tend to the fish farm at full buildout. According to a report by the Associated Press, the farm would produce up to 25.6 million pounds, or over 11,500 metric tons, of fish each year.Several environmental NGOs are monitoring the project’s progress out of concern for wild populations of Atlantic salmon, the AP reported.A recent decision by the New England Fishery Management Council will make it easier for Blue Water Fisheries to farm Atlantic salmon in federal waters. The council signed off on an adjustment to its Atlantic Salmon Fishery Management Plan that allows industry members that get authorization from NOAA fisheries to posses farm-raised Atlantic salmon in federal waters. “The council’s original [plan] prohibits directed fishing and possession of Atlantic salmon in the U.S. exclusive economic zone,” the NEFMC said in a press release. “However, the [plan] also gives the council the ability to develop a framework action to authorize salmon aquaculture in federal waters – if it chooses to do so.”Blue Water Fisheries’ farm is not the first offshore aquaculture operation proposed to the MAFMC for the U.S. Northeast. In October 2020, Manna Fish Farms sent its own project materials to the council, seeking permission for a commercial aquaculture farm in federal waters 9 miles off the coast of Long Island, New York. That project sought to raise steelhead trout and potentially black sea bass in submerged net pens. The Manna Fish Farms project plans to deploy 12 to 18 submersible net pens at the site, using StormSafe Submersible Net Pens.  Image courtesy of the Mid-Atlantic Fishery Management Council ### Response: NO
NO
Blue Water Fisheries proposes offshore aquaculture operation in US NortheastBlue Water Fisheries, based in the U.S. state of New Hampshire, is proposing a new offshore aquaculture operation in the waters off the coast of New England. The company has proposed installing 40 submersible fish pens in two mooring grids that would occupy 250 acres of open water roughly seven miles off the coast of Newburyport, Massachusetts, U.S.A. The company hopes to grow salmon and steelhead trout at the farm, along with lumpfish for a research study, using technology from Innovasea. The company submitted plans for the project to the Mid-Atlantic Fishery Management Council (MAFMC) in 2020, originally seeking a location off the coast of either Maine, New Hampshire, or Massachusetts. The council helped narrow down potential sites to ones with consistent depth and low vessel traffic, ultimately arriving at the currently proposed site.In June 2021, the U.S. Army Corps of Engineers issued a public comment period for the work, which included further details that the project would require a fleet of six vessels to tend to the fish farm at full buildout. According to a report by the Associated Press, the farm would produce up to 25.6 million pounds, or over 11,500 metric tons, of fish each year.Several environmental NGOs are monitoring the project’s progress out of concern for wild populations of Atlantic salmon, the AP reported.A recent decision by the New England Fishery Management Council will make it easier for Blue Water Fisheries to farm Atlantic salmon in federal waters. The council signed off on an adjustment to its Atlantic Salmon Fishery Management Plan that allows industry members that get authorization from NOAA fisheries to posses farm-raised Atlantic salmon in federal waters. “The council’s original [plan] prohibits directed fishing and possession of Atlantic salmon in the U.S. exclusive economic zone,” the NEFMC said in a press release. “However, the [plan] also gives the council the ability to develop a framework action to authorize salmon aquaculture in federal waters – if it chooses to do so.”Blue Water Fisheries’ farm is not the first offshore aquaculture operation proposed to the MAFMC for the U.S. Northeast. In October 2020, Manna Fish Farms sent its own project materials to the council, seeking permission for a commercial aquaculture farm in federal waters 9 miles off the coast of Long Island, New York. That project sought to raise steelhead trout and potentially black sea bass in submerged net pens. The Manna Fish Farms project plans to deploy 12 to 18 submersible net pens at the site, using StormSafe Submersible Net Pens.  Image courtesy of the Mid-Atlantic Fishery Management Council
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Political agreement lowers Norway's proposed salmon tax to 25 percentMultiple political parties in Norway have reportedly reached an agreement on a new resource rent tax on aquaculture with a reduced tax rate of 25 percent, down from the originally proposed 40 percent. The country’s current governing parties, the Labor Party and the Center Party, reached an agreement with the Venstre and Pasientfokus parties on the tax – giving it the majority it needs to pass. The new agreement sets the tax rate at 25 percent, increases the valuation discount in the wealth tax from 50 percent to 75 percent, guarantees municipalities and counties that harbor aquaculture operations receive higher income from the Aquaculture Fund, and according to a report by E24, also includes several proposals to strengthen the environmental protections and fund aquaculture innovation. At current salmon prices and exchange rates, the tax contribution from the salmon industry would be NOK 5.7 billion (USD 516 million, EUR 481 million), down from the NOK 8 billion (USD 724 million, EUR 675 million) it would have been under the previously proposed 35 percent tax rate. Norwegian salmon companies were thrown into turmoil in September when the government proposed a new resource rent tax on aquaculture, with effect from 1 January, 2023, that would have set a 40 percent tax rate on aquaculture operations. Uncertainty surrounding what the level of the tax would end up being led to a chilling effect on the salmon aquaculture industry as companies laid off workers, canceled planned farm permit purchases, and canceled license-capacity purchases.  The turmoil they faced was revealed in stock prices of leading salmon farmers listed on the Oslo Børs. Mowi, the world's largest salmon farmer, saw its stock price plummet in September 2022 to NOK 140 (USD 12.68, EUR 11.82) per share, its lowest level in five years. SalMar and Grieg Seafood saw their share prices chopped nearly in half in a matter of days.Soon after the agreement was announced on Thursday, 25 May, all three companies enjoyed a spike in their stock prices. Mowi's shares closed the day at NOK 197.15 (USD 17.85, EUR 16.64), up from NOK 185.20 (USD 16.77, EUR 15.63) SalMar’s stock price jumped to NOK 518 (USD 46.91, EUR 43.73) at close, up from NOK 469.70 (USD 42.54 EUR 39.65). Grieg's shares opened the day at NOK 82.10 (USD 7.43, EUR 6.93) and closed at NOK 89.70 (USD 8.12, EUR 7.57).In a press release, Grieg Seafood said the 25 percent rate is “significantly better” than the 40 percent originally proposed. “Grieg Seafood will study the details of the final tax when they have been made public, and evaluate all investments that are put on hold in light of the final tax,” the company said.  Photo courtesy of Terje Aase/Shutterstock ### Response: YES
YES
Political agreement lowers Norway's proposed salmon tax to 25 percentMultiple political parties in Norway have reportedly reached an agreement on a new resource rent tax on aquaculture with a reduced tax rate of 25 percent, down from the originally proposed 40 percent. The country’s current governing parties, the Labor Party and the Center Party, reached an agreement with the Venstre and Pasientfokus parties on the tax – giving it the majority it needs to pass. The new agreement sets the tax rate at 25 percent, increases the valuation discount in the wealth tax from 50 percent to 75 percent, guarantees municipalities and counties that harbor aquaculture operations receive higher income from the Aquaculture Fund, and according to a report by E24, also includes several proposals to strengthen the environmental protections and fund aquaculture innovation. At current salmon prices and exchange rates, the tax contribution from the salmon industry would be NOK 5.7 billion (USD 516 million, EUR 481 million), down from the NOK 8 billion (USD 724 million, EUR 675 million) it would have been under the previously proposed 35 percent tax rate. Norwegian salmon companies were thrown into turmoil in September when the government proposed a new resource rent tax on aquaculture, with effect from 1 January, 2023, that would have set a 40 percent tax rate on aquaculture operations. Uncertainty surrounding what the level of the tax would end up being led to a chilling effect on the salmon aquaculture industry as companies laid off workers, canceled planned farm permit purchases, and canceled license-capacity purchases.  The turmoil they faced was revealed in stock prices of leading salmon farmers listed on the Oslo Børs. Mowi, the world's largest salmon farmer, saw its stock price plummet in September 2022 to NOK 140 (USD 12.68, EUR 11.82) per share, its lowest level in five years. SalMar and Grieg Seafood saw their share prices chopped nearly in half in a matter of days.Soon after the agreement was announced on Thursday, 25 May, all three companies enjoyed a spike in their stock prices. Mowi's shares closed the day at NOK 197.15 (USD 17.85, EUR 16.64), up from NOK 185.20 (USD 16.77, EUR 15.63) SalMar’s stock price jumped to NOK 518 (USD 46.91, EUR 43.73) at close, up from NOK 469.70 (USD 42.54 EUR 39.65). Grieg's shares opened the day at NOK 82.10 (USD 7.43, EUR 6.93) and closed at NOK 89.70 (USD 8.12, EUR 7.57).In a press release, Grieg Seafood said the 25 percent rate is “significantly better” than the 40 percent originally proposed. “Grieg Seafood will study the details of the final tax when they have been made public, and evaluate all investments that are put on hold in light of the final tax,” the company said.  Photo courtesy of Terje Aase/Shutterstock
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: MOC: Average steel prices in China decline during May 15-21China's Ministry of Commerce (MOC) has announced that during the May 15-21 period this year the overall average finished steel price in China edged down. In the given period, the average prices of common steel plate, welded steel pipe and steel channel decreased by 0.7 percent, 0.5 percent and 0.4 percent week on week, respectively.    In the same period, the average prices of coking coal, smoke-free lump coal, and thermal coal moved down by 1.9 percent, 0.7 percent and 0.3 percent week on week, respectively. ### Response: YES
YES
MOC: Average steel prices in China decline during May 15-21China's Ministry of Commerce (MOC) has announced that during the May 15-21 period this year the overall average finished steel price in China edged down. In the given period, the average prices of common steel plate, welded steel pipe and steel channel decreased by 0.7 percent, 0.5 percent and 0.4 percent week on week, respectively.    In the same period, the average prices of coking coal, smoke-free lump coal, and thermal coal moved down by 1.9 percent, 0.7 percent and 0.3 percent week on week, respectively.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Polyethylene Glycol Prices Show Bearish Trend in Asia Amidst Increased SuppliesAt the beginning of April 2023, Polyethylene Glycol orders were stable, and supplies were tight from Middle Eastern exporters due to moderate operational rates amid weak availability of feedstock Ethylene due to plant shutdown. ### Response: YES
YES
Polyethylene Glycol Prices Show Bearish Trend in Asia Amidst Increased SuppliesAt the beginning of April 2023, Polyethylene Glycol orders were stable, and supplies were tight from Middle Eastern exporters due to moderate operational rates amid weak availability of feedstock Ethylene due to plant shutdown.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Japan’s domestic steel consumption down 8.8 percent in Jan-MarIn March this year, domestic steel product consumption in Japan amounted to 3.92 million metric tons, rising by 8.5 percent compared to February and declining by 7.2 percent year on year, according to the data released by the Japan Iron and Steel Association (JISF). Meanwhile, in the January-March period this year, domestic steel consumption in the country dropped by 8.8 percent year on year to 11.14 million metric tons. In the first three months of the given year, steel product consumption in the construction sector in Japan moved down by 11.5 percent to 2.26 million metric tons, while steel product consumption in the Japanese automotive sector amounted to 2.75 million metric tons, down 2.4 percent, both on year-on-year basis. In the given period, Japan’s shipbuilding industry consumed 706,996 metric tons of steel products, down one percent compared to the same period of the previous year. ### Response: YES
YES
Japan’s domestic steel consumption down 8.8 percent in Jan-MarIn March this year, domestic steel product consumption in Japan amounted to 3.92 million metric tons, rising by 8.5 percent compared to February and declining by 7.2 percent year on year, according to the data released by the Japan Iron and Steel Association (JISF). Meanwhile, in the January-March period this year, domestic steel consumption in the country dropped by 8.8 percent year on year to 11.14 million metric tons. In the first three months of the given year, steel product consumption in the construction sector in Japan moved down by 11.5 percent to 2.26 million metric tons, while steel product consumption in the Japanese automotive sector amounted to 2.75 million metric tons, down 2.4 percent, both on year-on-year basis. In the given period, Japan’s shipbuilding industry consumed 706,996 metric tons of steel products, down one percent compared to the same period of the previous 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: Taiwan’s basic metal export orders down 30.7 percent in Jan-AprAccording to the statistics released by Taiwan Ministry of Economic Affairs, in April this year Taiwan’s basic metal and basic metal product export orders amounted to $2.16 billion, decreasing by 26.5 percent compared to April 2022 and by 13.2 percent compared to the previous month. In March, Taiwan’s basic metal and basic metal product export orders had recorded a 15.9 percent increase month on month. In the January-April period, the country’s basic metal and basic metal product export orders fell by 30.7 percent year on year to $8.59 billion. ### Response: NO
NO
Taiwan’s basic metal export orders down 30.7 percent in Jan-AprAccording to the statistics released by Taiwan Ministry of Economic Affairs, in April this year Taiwan’s basic metal and basic metal product export orders amounted to $2.16 billion, decreasing by 26.5 percent compared to April 2022 and by 13.2 percent compared to the previous month. In March, Taiwan’s basic metal and basic metal product export orders had recorded a 15.9 percent increase month on month. In the January-April period, the country’s basic metal and basic metal product export orders fell by 30.7 percent year on year to $8.59 billion.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: MC Exclusive | JSW Energy to set up 3,800-tonne green hydrogen plant in Karnataka, sign 7-year supply deal with JSW SteelJSW Energy JSW Energy is planning to set up a green hydrogen plant in Karnataka with a capacity of 3,800 tonne. It is also signing a seven-year contract with JSW Steel, from the same conglomerate, for supplying green hydrogen and green oxygen to produce green steel. In an interview with Moneycontrol, Prashant Jain, Joint MD and CEO of JSW Energy Ltd, speaks about the company’s diversification plans and its performance in FY2023. Edited excerpts: The company’s revenue has grown but the net profit has declined sequentially as well as year on year. What are the reasons? In the fourth quarter of last year, there was one regulatory true-up income in our hydro business because of which we got around Rs 582 crore. If you exclude that, then last quarter our EBITDA was up by 8 percent. And for the quarter, the profit was down by 7-8 percent on an adjusted basis, primarily because of higher interest outgo because we have increased our debt to lever up the balance sheet. But if we look at the year as a whole, our profit after tax was up on an adjusted basis by 5 percent. If you look at the total EBITDA for the entire year, which is Rs 3,820 crore, it is the second-highest operating EBITDA in the history of the company. We clocked Rs 4,000 crore EBITDA in 2015 when the merchant tariffs were ruling very high. So the company has transformed into a sustainable long-term PPA (power purchase agreement) backed business with a very stable EBITDA growth. Related stories The EU learns some hard energy lessons Govt amends green energy open access rules for wider access to renewable power How much capex has been planned for FY24 and in which segments it will be spent? In 2021 we announced a capital expenditure programme of Rs 16,700 crore, which is going on. Along with that, we started additional acquisition and capital expenditure of another Rs 5,000 crore. So in total, Rs 32,000 crore capital expenditure program has been undergoing for the last 18-24 months, which will get completed by the calendar year 2024. Of this, I think another Rs 10,000 crore is yet to be spent, which we will be spending in the current financial year. Going forward, we will continue to spend between Rs 12,000 crore to Rs 15,000 crore per year. In our Strategy 2.0, we have announced that we will spend a total of another Rs 85,000 crore in the next seven years, which will be primarily from internal accruals and additional debt which we will assume on our balance sheet. The next year’s (FY25) capex program is Rs 12,000 crore. How much was the capex in fiscal 2023? In 2023, we spent close to Rs 7,500 crore on capital expenditure, plus another Rs 10,100 crore was spent on acquisition. So all this is from the basket of Rs 32,000 crore that I mentioned earlier. What would be the share of renewables in all of this? It's all for renewables mostly, except for Rs 1,700 crore, which would be spent in the thermal segment. Balance everything is going into the renewable segment. Have you firmed up your green hydrogen plans? In this quarter, the Board has approved setting up a 3,800-tonne green hydrogen plant in Karnataka. We will sign a contract with JSW Steel too for which they will be using both green hydrogen and green oxygen to produce green steel, and this would be a seven-year contract during which the entire plant will be amortised, and post that, the contract will be on a variable cost-plus ROE. Before that, it is a cost-plus ROE where we are expecting mid-teen ROEs from this particular business. This is very strategically located. This will be using close to 25 megawatt (MW) of round-the-clock renewable power which is already being set up by JSW Energy. And this will be one of the most competitive and the largest green hydrogen plant which is going into construction. We will be having a first-mover advantage in terms of our learning curve. As and when we see the ecosystem getting developed and more and more opportunities coming up, we will be in a position to capitalise on those going forward. We have a long runway planned for green hydrogen, green ammonia, sustainable aviation fuel, green methanol and green chemical complex going forward. So this is the first step in this particular direction. This plant will be up and running in 18 to 24 months timeframe. How have the merchant sales been in the first quarter of FY24 so far? Last year, power demand grew 9.5 percent, which was pretty good. The demand has not been good in April and May in the current financial year because of the sporadic rains all over the country. But, the power demand is now picking up and we expect it to remain quite robust between 6-7.5 percent in the current financial year. The power tariffs are also improving now. The whole year's average was Rs 5. 96. And we expect the power tariffs to continue to strengthen. Thermal coal prices are coming down as compared to the $136 average for the last quarter. Now, the API2 Index is at $102 and in low CV coal, 4,800 kilocalorie coal adjusted for 6,000 kilocalories is close to $92. So the thermal coal prices are coming down, because of which fuel prices will be lower. In terms of the merchant sales, we should be doing better than what we did last year in terms of the overall volume and also in terms of the contribution because fuel prices are coming down and we expect our contribution margin from the merchant sale to go up for the year as a whole. JSW Energy has completed the acquisition of Ind-Barath Energy (Utkal) Ltd. Besides the enterprise value of Rs 1,048 crore that you have paid, what is the capex plan for that unit and on what will you spend the money? The total enterprise value for the completed plant including the FGD and various other compliances will be under Rs 2,700 crore. We are yet to spend close to Rs 1,650 crore, which we are spending in this current financial year. So out of the Rs 10,000 crore capital expenditure I mentioned earlier, Rs 1,650 crore will be going into the commissioning of Ind-Barath. There are two units of 350 MW each. We are expecting to get the first unit commissioned in the first half of this financial year and the second unit will be commissioned in the second half. This unit will be primarily used for merchant sales for the time being. This is a pithead plant, which is very strategically located where our fuel price will be one of the lowest in the country. And given the macro demand as well as the power scenario, I think it will be quite an attractive investment for us. We will be having a very good contribution from this particular asset in the current financial year and years to come. Can you give us an update on JSW Energy’s possible deal with Continuum Green Energy? Also, post the interest shown in the stake sale of PTC, is the company also looking at similar bids, say for NTPC’s renewable energy arm? We continue to look at various inorganic opportunities and it is part of our strategy to grow our balance sheet. I don't want to comment on any specific asset. However, it is very safe to assume that JSW Energy will continue to look at various inorganic opportunities as we did in Mytrah. If we find any attractive opportunity in this space which is lucrative to all our shareholders and also fits into our growth strategy, we will be certainly looking at it. The company is already working on a 500 MW battery storage project in Rajasthan, you also got the PLI allotted for solar manufacturing from the government, and now JSW Energy also won the tender for a 300 MW pumped storage project in Karnataka. Give us a timeline of all these projects. Of the two storage projects, one is a battery storage project with SECI. We are expecting it to be up and running in the calendar year 2024 between October and December. PPAs for this are in the final stages. In terms of the PCKL tender for 2.4 gigawatt-hour for the pump storage project, the construction time from the signing of the PPA will be 36 months. We are expecting to sign the PPA in the current financial year and then we will start construction, which will take 36 months. For the PLI scheme for backward integration of wafer cell and module manufacturing facility, we are in the final stage of negotiations with the state government for an incentive package. We are expecting this to complete by the calendar year 2024 itself. In another 18 months timeframe, this will also be up and running. So all these projects will be funded by internal accruals as well as debt. The project costs for wafer cell and module manufacturing will be around Rs 1,600 crore and for hydro pump storage, it will be approximately Rs 2,000 crore. For the SECI battery storage project, what’s the rate at which the PPAs are likely to be signed? This is for 60 percent capacity and it is tied up with SECI, in which there is a lease rental of around Rs 10.8 lakh per megawatt per year contract. So based on that, we are expecting mid-teen to high-teen or maybe higher equity IRRs (internal rate of return). For the solar module manufacturing project, will there be still some imports that the company will have to do? We will be importing only polysilicon for the modules. Everything else will be from India only – be it aluminium sections, glass, the insulation. Read More ### Response: YES
YES
MC Exclusive | JSW Energy to set up 3,800-tonne green hydrogen plant in Karnataka, sign 7-year supply deal with JSW SteelJSW Energy JSW Energy is planning to set up a green hydrogen plant in Karnataka with a capacity of 3,800 tonne. It is also signing a seven-year contract with JSW Steel, from the same conglomerate, for supplying green hydrogen and green oxygen to produce green steel. In an interview with Moneycontrol, Prashant Jain, Joint MD and CEO of JSW Energy Ltd, speaks about the company’s diversification plans and its performance in FY2023. Edited excerpts: The company’s revenue has grown but the net profit has declined sequentially as well as year on year. What are the reasons? In the fourth quarter of last year, there was one regulatory true-up income in our hydro business because of which we got around Rs 582 crore. If you exclude that, then last quarter our EBITDA was up by 8 percent. And for the quarter, the profit was down by 7-8 percent on an adjusted basis, primarily because of higher interest outgo because we have increased our debt to lever up the balance sheet. But if we look at the year as a whole, our profit after tax was up on an adjusted basis by 5 percent. If you look at the total EBITDA for the entire year, which is Rs 3,820 crore, it is the second-highest operating EBITDA in the history of the company. We clocked Rs 4,000 crore EBITDA in 2015 when the merchant tariffs were ruling very high. So the company has transformed into a sustainable long-term PPA (power purchase agreement) backed business with a very stable EBITDA growth. Related stories The EU learns some hard energy lessons Govt amends green energy open access rules for wider access to renewable power How much capex has been planned for FY24 and in which segments it will be spent? In 2021 we announced a capital expenditure programme of Rs 16,700 crore, which is going on. Along with that, we started additional acquisition and capital expenditure of another Rs 5,000 crore. So in total, Rs 32,000 crore capital expenditure program has been undergoing for the last 18-24 months, which will get completed by the calendar year 2024. Of this, I think another Rs 10,000 crore is yet to be spent, which we will be spending in the current financial year. Going forward, we will continue to spend between Rs 12,000 crore to Rs 15,000 crore per year. In our Strategy 2.0, we have announced that we will spend a total of another Rs 85,000 crore in the next seven years, which will be primarily from internal accruals and additional debt which we will assume on our balance sheet. The next year’s (FY25) capex program is Rs 12,000 crore. How much was the capex in fiscal 2023? In 2023, we spent close to Rs 7,500 crore on capital expenditure, plus another Rs 10,100 crore was spent on acquisition. So all this is from the basket of Rs 32,000 crore that I mentioned earlier. What would be the share of renewables in all of this? It's all for renewables mostly, except for Rs 1,700 crore, which would be spent in the thermal segment. Balance everything is going into the renewable segment. Have you firmed up your green hydrogen plans? In this quarter, the Board has approved setting up a 3,800-tonne green hydrogen plant in Karnataka. We will sign a contract with JSW Steel too for which they will be using both green hydrogen and green oxygen to produce green steel, and this would be a seven-year contract during which the entire plant will be amortised, and post that, the contract will be on a variable cost-plus ROE. Before that, it is a cost-plus ROE where we are expecting mid-teen ROEs from this particular business. This is very strategically located. This will be using close to 25 megawatt (MW) of round-the-clock renewable power which is already being set up by JSW Energy. And this will be one of the most competitive and the largest green hydrogen plant which is going into construction. We will be having a first-mover advantage in terms of our learning curve. As and when we see the ecosystem getting developed and more and more opportunities coming up, we will be in a position to capitalise on those going forward. We have a long runway planned for green hydrogen, green ammonia, sustainable aviation fuel, green methanol and green chemical complex going forward. So this is the first step in this particular direction. This plant will be up and running in 18 to 24 months timeframe. How have the merchant sales been in the first quarter of FY24 so far? Last year, power demand grew 9.5 percent, which was pretty good. The demand has not been good in April and May in the current financial year because of the sporadic rains all over the country. But, the power demand is now picking up and we expect it to remain quite robust between 6-7.5 percent in the current financial year. The power tariffs are also improving now. The whole year's average was Rs 5. 96. And we expect the power tariffs to continue to strengthen. Thermal coal prices are coming down as compared to the $136 average for the last quarter. Now, the API2 Index is at $102 and in low CV coal, 4,800 kilocalorie coal adjusted for 6,000 kilocalories is close to $92. So the thermal coal prices are coming down, because of which fuel prices will be lower. In terms of the merchant sales, we should be doing better than what we did last year in terms of the overall volume and also in terms of the contribution because fuel prices are coming down and we expect our contribution margin from the merchant sale to go up for the year as a whole. JSW Energy has completed the acquisition of Ind-Barath Energy (Utkal) Ltd. Besides the enterprise value of Rs 1,048 crore that you have paid, what is the capex plan for that unit and on what will you spend the money? The total enterprise value for the completed plant including the FGD and various other compliances will be under Rs 2,700 crore. We are yet to spend close to Rs 1,650 crore, which we are spending in this current financial year. So out of the Rs 10,000 crore capital expenditure I mentioned earlier, Rs 1,650 crore will be going into the commissioning of Ind-Barath. There are two units of 350 MW each. We are expecting to get the first unit commissioned in the first half of this financial year and the second unit will be commissioned in the second half. This unit will be primarily used for merchant sales for the time being. This is a pithead plant, which is very strategically located where our fuel price will be one of the lowest in the country. And given the macro demand as well as the power scenario, I think it will be quite an attractive investment for us. We will be having a very good contribution from this particular asset in the current financial year and years to come. Can you give us an update on JSW Energy’s possible deal with Continuum Green Energy? Also, post the interest shown in the stake sale of PTC, is the company also looking at similar bids, say for NTPC’s renewable energy arm? We continue to look at various inorganic opportunities and it is part of our strategy to grow our balance sheet. I don't want to comment on any specific asset. However, it is very safe to assume that JSW Energy will continue to look at various inorganic opportunities as we did in Mytrah. If we find any attractive opportunity in this space which is lucrative to all our shareholders and also fits into our growth strategy, we will be certainly looking at it. The company is already working on a 500 MW battery storage project in Rajasthan, you also got the PLI allotted for solar manufacturing from the government, and now JSW Energy also won the tender for a 300 MW pumped storage project in Karnataka. Give us a timeline of all these projects. Of the two storage projects, one is a battery storage project with SECI. We are expecting it to be up and running in the calendar year 2024 between October and December. PPAs for this are in the final stages. In terms of the PCKL tender for 2.4 gigawatt-hour for the pump storage project, the construction time from the signing of the PPA will be 36 months. We are expecting to sign the PPA in the current financial year and then we will start construction, which will take 36 months. For the PLI scheme for backward integration of wafer cell and module manufacturing facility, we are in the final stage of negotiations with the state government for an incentive package. We are expecting this to complete by the calendar year 2024 itself. In another 18 months timeframe, this will also be up and running. So all these projects will be funded by internal accruals as well as debt. The project costs for wafer cell and module manufacturing will be around Rs 1,600 crore and for hydro pump storage, it will be approximately Rs 2,000 crore. For the SECI battery storage project, what’s the rate at which the PPAs are likely to be signed? This is for 60 percent capacity and it is tied up with SECI, in which there is a lease rental of around Rs 10.8 lakh per megawatt per year contract. So based on that, we are expecting mid-teen to high-teen or maybe higher equity IRRs (internal rate of return). For the solar module manufacturing project, will there be still some imports that the company will have to do? We will be importing only polysilicon for the modules. Everything else will be from India only – be it aluminium sections, glass, the insulation. 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: China's textile exports down 2.87% in Jan-Apr; garment exports recover ### Response: YES
YES
China's textile exports down 2.87% in Jan-Apr; garment exports recover
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: LME And SHFE Zinc Rebound Robustly On Improved Macro SentimentSHANGHAI, May 29 (SMM) - LME zinc opened at $2,253/mt last Friday, and rose to around $2,340/mt before closing at $2,338/mt, an increase of $80.5/mt or 3.57%. Trading volume fell to 9,852 lots, and open interest rose 1,803 lots to 193,000 lots. LME zinc inventory rose 11,100 mt to 74,550 mt. ### Response: YES
YES
LME And SHFE Zinc Rebound Robustly On Improved Macro SentimentSHANGHAI, May 29 (SMM) - LME zinc opened at $2,253/mt last Friday, and rose to around $2,340/mt before closing at $2,338/mt, an increase of $80.5/mt or 3.57%. Trading volume fell to 9,852 lots, and open interest rose 1,803 lots to 193,000 lots. LME zinc inventory rose 11,100 mt to 74,550 mt.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Low Inventory And Little Hope Of Smelters In Yunnan Resuming Production Soon Will Support Aluminium PricesSHANGHAI, May 29 (SMM) -  The most-traded SHFE 2307 aluminium contract opened at 18,110 yuan/mt at last Friday’s night session, with its low and high at 18,060 yuan/mt and 18,180 yuan/mt before closing at 18,155 yuan/mt, up 295 yuan/mt or 1.65%. ### Response: YES
YES
Low Inventory And Little Hope Of Smelters In Yunnan Resuming Production Soon Will Support Aluminium PricesSHANGHAI, May 29 (SMM) -  The most-traded SHFE 2307 aluminium contract opened at 18,110 yuan/mt at last Friday’s night session, with its low and high at 18,060 yuan/mt and 18,180 yuan/mt before closing at 18,155 yuan/mt, up 295 yuan/mt or 1.65%.
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: Indonesia seeks $700 million to install 200 MW of solar powerJAKARTA, May 28 (Reuters) - Indonesian state utility Perusahaan Listrik Negara [RIC:RIC:PLNEG.UL] seeks a $700-million investment to install a 200-megawatt (MW) solar panel that will replace diesel power generators in a bid to reduce carbon emission, the company said late on Saturday.The plan is part of its target to reach net zero carbon emissions by 2060. PLN has planned to have 4.68 gigawatt (GW) of solar panels installed between 2021 and 2030.The company's director Evy Haryadi said the 200 MW solar panel is the first phase of a longer term plan to replace 1 GW of diesel power plants with solar power. He didn't provide details on the timeline for the initial phase.A coalition of countries has pledged $20 billion of public and private financing to help Indonesia transition to cleaner energy under the Just Energy Transition Partnership (JETP).Indonesia aims to finalise a detailed plan for JETP fund allocation by August, according to the head of Indonesia's JETP Secretariat Edo Mahendra, adding that PLN's plan to shift from diesel power to renewables will be a pilot program in JETP.Our Standards: The Thomson Reuters Trust Principles. ### Response: YES
YES
Indonesia seeks $700 million to install 200 MW of solar powerJAKARTA, May 28 (Reuters) - Indonesian state utility Perusahaan Listrik Negara [RIC:RIC:PLNEG.UL] seeks a $700-million investment to install a 200-megawatt (MW) solar panel that will replace diesel power generators in a bid to reduce carbon emission, the company said late on Saturday.The plan is part of its target to reach net zero carbon emissions by 2060. PLN has planned to have 4.68 gigawatt (GW) of solar panels installed between 2021 and 2030.The company's director Evy Haryadi said the 200 MW solar panel is the first phase of a longer term plan to replace 1 GW of diesel power plants with solar power. He didn't provide details on the timeline for the initial phase.A coalition of countries has pledged $20 billion of public and private financing to help Indonesia transition to cleaner energy under the Just Energy Transition Partnership (JETP).Indonesia aims to finalise a detailed plan for JETP fund allocation by August, according to the head of Indonesia's JETP Secretariat Edo Mahendra, adding that PLN's plan to shift from diesel power to renewables will be a pilot program in JETP.Our Standards: The Thomson Reuters Trust Principles.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Turkiye's imported ferrous scrap market slows downTurkiye's imported scrap market continued to remain sluggish throughout this week with only a few deals heard recently. Most Turkish producers are adopting a cautious approach, resulting in thin trading volumes ahead of the second round of presidential elections on 28 May 2023. ### Response: YES
YES
Turkiye's imported ferrous scrap market slows downTurkiye's imported scrap market continued to remain sluggish throughout this week with only a few deals heard recently. Most Turkish producers are adopting a cautious approach, resulting in thin trading volumes ahead of the second round of presidential elections on 28 May 2023.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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 climbs after US leaders strike provisional debt dealOil climbs after US leaders strike provisional debt deal Oil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer. Brent crude futures climbed 39 cents, or 0.5%, to $77.34 a barrel by 2317 GMT, while U.S. West Texas Intermediate crude was at $73.12 a barrel, up 45 cents, or 0.6%. U.S. President Joe Biden and House Speaker Kevin McCarthy on Saturday reached an agreement in principle to suspend the $31.4 trillion debt ceiling. Both leaders expressed confidence on Sunday that members of the Democratic and Republican parties will vote to support the deal. However relief for global financial markets could be short-lived as once the deal is approved, the U.S. Treasury is expected to issue bonds that will further tighten liquidity and make funding more expensive for companies already reeling from high interest rates. Last week, Brent and WTI notched a second consecutive weekly gain of more than 1% on the progress of the U.S. debt ceiling talks and after Saudi energy minister warned short-sellers betting oil prices will fall to 'watch out' for pain. Related stories Biden, McCarthy forge debt-limit deal in a bid to avert US default Commodity markets to focus on US consumer spending, labour reports next week Commodities Live: El Nino Conditions & Monsoons; What Will Be Their Impact On Commodities? Some investors took the warning as a signal that OPEC+, the Organization of Petroleum Exporting Countries and allies including Russia, could consider further output cuts at a meeting on June 4. However, Russian Deputy Prime Minister Alexander Novak said last week he expected no new steps from OPEC+ as a decision on voluntary production cuts was made just a month back. U.S. energy firms cut rigs for a fourth week in a row, with oil rigs down by five to 570 last week to their lowest since May 2022, energy services firm Baker Hughes Co said in its weekly report on Friday. Investors are watching for China's manufacturing and services data this week as well as U.S. nonfarm payroll data on Friday for signals on economic growth and oil demand. Read More ### Response: YES
YES
Oil climbs after US leaders strike provisional debt dealOil climbs after US leaders strike provisional debt deal Oil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer. Brent crude futures climbed 39 cents, or 0.5%, to $77.34 a barrel by 2317 GMT, while U.S. West Texas Intermediate crude was at $73.12 a barrel, up 45 cents, or 0.6%. U.S. President Joe Biden and House Speaker Kevin McCarthy on Saturday reached an agreement in principle to suspend the $31.4 trillion debt ceiling. Both leaders expressed confidence on Sunday that members of the Democratic and Republican parties will vote to support the deal. However relief for global financial markets could be short-lived as once the deal is approved, the U.S. Treasury is expected to issue bonds that will further tighten liquidity and make funding more expensive for companies already reeling from high interest rates. Last week, Brent and WTI notched a second consecutive weekly gain of more than 1% on the progress of the U.S. debt ceiling talks and after Saudi energy minister warned short-sellers betting oil prices will fall to 'watch out' for pain. Related stories Biden, McCarthy forge debt-limit deal in a bid to avert US default Commodity markets to focus on US consumer spending, labour reports next week Commodities Live: El Nino Conditions & Monsoons; What Will Be Their Impact On Commodities? Some investors took the warning as a signal that OPEC+, the Organization of Petroleum Exporting Countries and allies including Russia, could consider further output cuts at a meeting on June 4. However, Russian Deputy Prime Minister Alexander Novak said last week he expected no new steps from OPEC+ as a decision on voluntary production cuts was made just a month back. U.S. energy firms cut rigs for a fourth week in a row, with oil rigs down by five to 570 last week to their lowest since May 2022, energy services firm Baker Hughes Co said in its weekly report on Friday. Investors are watching for China's manufacturing and services data this week as well as U.S. nonfarm payroll data on Friday for signals on economic growth and oil demand. 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: US natgas futures drop 6% to three-week low on lower demand forecastU.S. natural gas futures fell about 6% to a three-week low on Friday as global gas prices collapsed, a U.S. contract expired and on record U.S. output, rising Canadian exports and forecasts for milder U.S. weather and lower demand next week including the U.S. Memorial Day holiday on Monday. Prices declined despite a lack of wind power in recent weeks that forced power generators to burn more gas to produce electricity, reducing the gas put in storage. The amount of U.S. power generated by wind dropped to 7% of the total so far this week versus a high of 17% during the week ended April 21, according to federal energy data. ### Response: YES
YES
US natgas futures drop 6% to three-week low on lower demand forecastU.S. natural gas futures fell about 6% to a three-week low on Friday as global gas prices collapsed, a U.S. contract expired and on record U.S. output, rising Canadian exports and forecasts for milder U.S. weather and lower demand next week including the U.S. Memorial Day holiday on Monday. Prices declined despite a lack of wind power in recent weeks that forced power generators to burn more gas to produce electricity, reducing the gas put in storage. The amount of U.S. power generated by wind dropped to 7% of the total so far this week versus a high of 17% during the week ended April 21, according to federal energy data.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Brazil poultry, pig exporters project sales boost after SIAL ChinaThe Brazilian Association of Animal Protein (ABPA) celebrated the result of the action in partnership with the Brazilian Agency for the Promotion of Exports and Investments (ApexBrasil), during SIAL China, one of the most important events in the food sector in Asia, which took place between May 18 and 20 in Shanghai (China), according to a press release from the association.According to surveys carried out with the companies participating in the action, more than US$ 48.4 million in poultry meat and pig exports from Brazil were closed, only during the event. From the negotiations established in SIAL China, the exporters' expectation is that sales will approach US$ 260 million in the next 12 months.Images and sectoral promotion actions were also promoted, with the distribution of physical and virtual materials, directed to the portal of the sectoral brands Brazilian Chicken, Brazilian Pork, Brazilian Egg, Brazilian Breeders and Brazilian Duck.During the event, industry representatives also participated in meetings with local stakeholders and Chinese government authorities, strengthening ties and expanding partnerships.Leading the action, the director of markets of ABPA, Luís Rua, was also a speaker in the programming of lectures parallel to the event. In his presentations, the ABPA representative highlighted the attributes of the Brazilian productive sector, especially in relation to quality, sanitary status and sustainability.'The business result reflects a part of the success of the participation in Sial China. It was a great international image action, with presentations and the reinforcement of a partnership that has already become traditional for the two nations,' says Rua.  ### Response: YES
YES
Brazil poultry, pig exporters project sales boost after SIAL ChinaThe Brazilian Association of Animal Protein (ABPA) celebrated the result of the action in partnership with the Brazilian Agency for the Promotion of Exports and Investments (ApexBrasil), during SIAL China, one of the most important events in the food sector in Asia, which took place between May 18 and 20 in Shanghai (China), according to a press release from the association.According to surveys carried out with the companies participating in the action, more than US$ 48.4 million in poultry meat and pig exports from Brazil were closed, only during the event. From the negotiations established in SIAL China, the exporters' expectation is that sales will approach US$ 260 million in the next 12 months.Images and sectoral promotion actions were also promoted, with the distribution of physical and virtual materials, directed to the portal of the sectoral brands Brazilian Chicken, Brazilian Pork, Brazilian Egg, Brazilian Breeders and Brazilian Duck.During the event, industry representatives also participated in meetings with local stakeholders and Chinese government authorities, strengthening ties and expanding partnerships.Leading the action, the director of markets of ABPA, Luís Rua, was also a speaker in the programming of lectures parallel to the event. In his presentations, the ABPA representative highlighted the attributes of the Brazilian productive sector, especially in relation to quality, sanitary status and sustainability.'The business result reflects a part of the success of the participation in Sial China. It was a great international image action, with presentations and the reinforcement of a partnership that has already become traditional for the two nations,' says Rua. 
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Hong Kong suspends poultry imports from four countriesHong Kong's Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced last week that it has suspended the import of poultry meat and products, included poultry eggs, from regions in Russia, France, Canada and the UK due to outbreaks of highly pathogenic H5N1 avian influenza. CFS said the suspensions are meant to protect public health in Hong Kong.  The regions under suspension include Yaroslavl Oblast in Russia, Pyrénées-Atlantiques Department in France, Norfolk County of Ontario in Canada, and North Lincolnshire of Lincolnshire County in the United Kingdom.A CFS spokesman said that Hong Kong has currently established a protocol with Russia for the import of poultry meat but not for poultry eggs. According to the Census and Statistics Department, Hong Kong imported about 30 tonnes of frozen poultry meat from Russia, and about 90 tonnes of chilled and frozen poultry meat and about 270,000 poultry eggs from France in the first three months of this year. In the first three months of this year, Hong Kong imported about 10 tonnes of chilled poultry meat and about 90,000 poultry eggs from the UK while no poultry meat or eggs were imported into Hong Kong from Canada.​'The CFS has contacted the Russian and French authorities over the issues and will closely monitor information issued by the WOAH and the relevant authorities on the avian influenza outbreaks. Appropriate action will be taken in response to the development of the situation,' the spokesperson said. ### Response: YES
YES
Hong Kong suspends poultry imports from four countriesHong Kong's Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced last week that it has suspended the import of poultry meat and products, included poultry eggs, from regions in Russia, France, Canada and the UK due to outbreaks of highly pathogenic H5N1 avian influenza. CFS said the suspensions are meant to protect public health in Hong Kong.  The regions under suspension include Yaroslavl Oblast in Russia, Pyrénées-Atlantiques Department in France, Norfolk County of Ontario in Canada, and North Lincolnshire of Lincolnshire County in the United Kingdom.A CFS spokesman said that Hong Kong has currently established a protocol with Russia for the import of poultry meat but not for poultry eggs. According to the Census and Statistics Department, Hong Kong imported about 30 tonnes of frozen poultry meat from Russia, and about 90 tonnes of chilled and frozen poultry meat and about 270,000 poultry eggs from France in the first three months of this year. In the first three months of this year, Hong Kong imported about 10 tonnes of chilled poultry meat and about 90,000 poultry eggs from the UK while no poultry meat or eggs were imported into Hong Kong from Canada.​'The CFS has contacted the Russian and French authorities over the issues and will closely monitor information issued by the WOAH and the relevant authorities on the avian influenza outbreaks. Appropriate action will be taken in response to the development of the situation,' the spokesperson said.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: The Plastics Industry Is Undergoing a Global ShiftThe global technology race is well underway in artificial intelligence, semiconductors, and space technology, but, in many cases, it would still be at the starting line without polymers. Plastics are ubiquitous and often foundational in the production process. Yet, the petrochemicals and plastics industries are experiencing their own tectonic changes. It’s time to talk about a new technology race — the polymer race — and what will separate the winners from the losers.Global net oil refinery volume growth in 2024 is projected to be the highest since 1977, according to an RBC Capital Markets forecast published in April 2023. Refining capacity is expanding at a rate unseen in nearly two generations. And while some are predicting an end to this upward trend and threatening to leave refining capacities stranded, in the long run, they are probably mistaking short-term volatility for something else.Simultaneously, a shift in the global distribution of polymer market share is taking place. Competition is intensifying between traditional industry leaders and new players entering the scene. As reported by Plastics Europe, the European share of global polymer production fell to 15% at the end of 2021, while total world production grew by 4%, with China gaining even more significant share. At the same time, India is emerging as a regional leader set to dominate the Asian market. Market intelligence firm GlobalData predicts that India will account for 47% of new-build and expansion refinery projects in the next five years. Also, as of 2022, Russia has been blocked from direct involvement in the global polymer value chain, with restrictions or limitations placed on its oil and gas exports, while the United States has overtaken the European oil and gas market. In a recent report, international management consultancy Roland Berger described this set of tectonic changes as the “seventh disruption” of the global polymer market. But one could call it another race for technological supremacy.The COVID-19 pandemic caused significant disruption to global supply chains, leading to shortages of raw materials and finished products. This has resulted in a shift in the distribution of market shares, with new players emerging to fill the gaps left by traditional suppliers in all areas. The polymer market is a critical component of the global economy, with applications in a range of industries, including packaging, automotive, construction, and electronics, and it also suffered from disruption to global supply chains.The polymer market is dominated by a few major players, including Dow Chemical, BASF, ExxonMobil, Chevron, LyondellBasell, and so forth. These companies have traditionally controlled a significant share of the market, but the disruption caused by the pandemic has opened the door for new players, notably India and Vietnam, which also welcomed production facilities transferred from China. The transfer of production facilities from China to other countries was one of the key drivers of this disruption. China has long been a major producer of polymers, but the pandemic highlighted the risks associated with relying on a single supplier. The flow of goods can be severely disrupted because of internal policies, such as the massive shipment delays that resulted from China’s zero COVID policy. Consequently, many companies started looking to diversify their supply chains or even moving production back to their home countries, as has happened in the United States facilitated by the Biden administration’s Build Back Better plan.But the pandemic really gave visibility to a trend that had started earlier. In 2018, a trade war of sorts began between China and the United States, when the Trump administration banned state agencies from using systems or equipment produced in China. As the two countries’ high-tech sectors were broadly interdependent, that perpetuated the idea of domestification of the major advanced manufacturing facilities by the two leading global economies. The war in Ukraine and subsequent sanctions imposed on Russia added another factor driving disruption — a shortage of raw materials.Many companies across the globe struggled to secure the raw materials needed to produce everything from microchips to other products, leading to shortages and price increases. The plastics industry was no exception. Overall, the disruption to the global polymers market is likely to continue for some time. Countries are racing to bring production facilities back and secure the raw materials they need to meet demand.As the market continues to evolve, the global economy and the industries that rely on polymers will feel the impact. All the leading world economies will try to localize technology-intensive and strategic production within their own country or region of influence to build up technological sovereignty. The US federal government has supported the development of the Polymer Cluster Initiative within the Build Back Better plan. India is launching its Barmer mega oil refinery and petrochemical complex. Both countries are enjoying growing exports of fuel and crude oil to the European Union at elevated prices. And China is flourishing with investments from the Middle East and cheap oil and gas from Russia, which are significantly boosting polymer production.According to Roland Berger, countries that are able to localize production chains and technologies faster than others and have the resources to operate these chains within their own markets will win. But countries will face a trade off.First, it’s hard to make localized full-cycle manufacturing economically feasible, as there is no opportunity to leverage cheaper raw materials, a low-wage labor force, or differences in currency exchange rates. Reducing ecological standards could save money.Second, greater concentratation of petrochemical manufacturing facilities makes it harder to meet high environmental standards while maintaining profitability. Balancing the two could result either in rising prices for all industrial and consumer products — since plastics are ubiquitous — or raise the risk of subverting local environmental concerns. The situation is even more complex when one takes into consideration that currently promoted “green” alternatives rely heavily on synthetic polymers, such as poly(methyl methacrylate) to make LCD screens, high-density polyethylene to produce electric vehicle components, and ethylene to make photovoltaics.The scenarios described above — deglobalization, radical price increases, and environmental challenges — are hypothetical and represent just the most extreme ways the situation might evolve. However, global trade data already show early signs of reglobalization. This global shift in the plastics industry creates certain incentives at the local level along with a wealth of opportunities.To increase efficiencies in refinery processing and reduce resource consumption and greenhouse gas emissions, the plastics and petrochemicals industries are heavily investing in R&D — it is expected that global R&D expenditures in this field will double by 2030. This also creates incentives and opportunities for local producers of all kinds — from packaging to transportation and even renewable energy generation — as, again, polymers are used virtually everywhere. In accordance with Roland Berger’s concept of the seventh disruption to the polymers market, in the long term, those who win the race to localize production, form markets, and achieve high environmental performance will rule the future. About the authorDan Pototsky is a graduate of Zhejiang Gongshang University, a consulting adviser on markets, and a junior research specialist on international trade. ### Response: YES
YES
The Plastics Industry Is Undergoing a Global ShiftThe global technology race is well underway in artificial intelligence, semiconductors, and space technology, but, in many cases, it would still be at the starting line without polymers. Plastics are ubiquitous and often foundational in the production process. Yet, the petrochemicals and plastics industries are experiencing their own tectonic changes. It’s time to talk about a new technology race — the polymer race — and what will separate the winners from the losers.Global net oil refinery volume growth in 2024 is projected to be the highest since 1977, according to an RBC Capital Markets forecast published in April 2023. Refining capacity is expanding at a rate unseen in nearly two generations. And while some are predicting an end to this upward trend and threatening to leave refining capacities stranded, in the long run, they are probably mistaking short-term volatility for something else.Simultaneously, a shift in the global distribution of polymer market share is taking place. Competition is intensifying between traditional industry leaders and new players entering the scene. As reported by Plastics Europe, the European share of global polymer production fell to 15% at the end of 2021, while total world production grew by 4%, with China gaining even more significant share. At the same time, India is emerging as a regional leader set to dominate the Asian market. Market intelligence firm GlobalData predicts that India will account for 47% of new-build and expansion refinery projects in the next five years. Also, as of 2022, Russia has been blocked from direct involvement in the global polymer value chain, with restrictions or limitations placed on its oil and gas exports, while the United States has overtaken the European oil and gas market. In a recent report, international management consultancy Roland Berger described this set of tectonic changes as the “seventh disruption” of the global polymer market. But one could call it another race for technological supremacy.The COVID-19 pandemic caused significant disruption to global supply chains, leading to shortages of raw materials and finished products. This has resulted in a shift in the distribution of market shares, with new players emerging to fill the gaps left by traditional suppliers in all areas. The polymer market is a critical component of the global economy, with applications in a range of industries, including packaging, automotive, construction, and electronics, and it also suffered from disruption to global supply chains.The polymer market is dominated by a few major players, including Dow Chemical, BASF, ExxonMobil, Chevron, LyondellBasell, and so forth. These companies have traditionally controlled a significant share of the market, but the disruption caused by the pandemic has opened the door for new players, notably India and Vietnam, which also welcomed production facilities transferred from China. The transfer of production facilities from China to other countries was one of the key drivers of this disruption. China has long been a major producer of polymers, but the pandemic highlighted the risks associated with relying on a single supplier. The flow of goods can be severely disrupted because of internal policies, such as the massive shipment delays that resulted from China’s zero COVID policy. Consequently, many companies started looking to diversify their supply chains or even moving production back to their home countries, as has happened in the United States facilitated by the Biden administration’s Build Back Better plan.But the pandemic really gave visibility to a trend that had started earlier. In 2018, a trade war of sorts began between China and the United States, when the Trump administration banned state agencies from using systems or equipment produced in China. As the two countries’ high-tech sectors were broadly interdependent, that perpetuated the idea of domestification of the major advanced manufacturing facilities by the two leading global economies. The war in Ukraine and subsequent sanctions imposed on Russia added another factor driving disruption — a shortage of raw materials.Many companies across the globe struggled to secure the raw materials needed to produce everything from microchips to other products, leading to shortages and price increases. The plastics industry was no exception. Overall, the disruption to the global polymers market is likely to continue for some time. Countries are racing to bring production facilities back and secure the raw materials they need to meet demand.As the market continues to evolve, the global economy and the industries that rely on polymers will feel the impact. All the leading world economies will try to localize technology-intensive and strategic production within their own country or region of influence to build up technological sovereignty. The US federal government has supported the development of the Polymer Cluster Initiative within the Build Back Better plan. India is launching its Barmer mega oil refinery and petrochemical complex. Both countries are enjoying growing exports of fuel and crude oil to the European Union at elevated prices. And China is flourishing with investments from the Middle East and cheap oil and gas from Russia, which are significantly boosting polymer production.According to Roland Berger, countries that are able to localize production chains and technologies faster than others and have the resources to operate these chains within their own markets will win. But countries will face a trade off.First, it’s hard to make localized full-cycle manufacturing economically feasible, as there is no opportunity to leverage cheaper raw materials, a low-wage labor force, or differences in currency exchange rates. Reducing ecological standards could save money.Second, greater concentratation of petrochemical manufacturing facilities makes it harder to meet high environmental standards while maintaining profitability. Balancing the two could result either in rising prices for all industrial and consumer products — since plastics are ubiquitous — or raise the risk of subverting local environmental concerns. The situation is even more complex when one takes into consideration that currently promoted “green” alternatives rely heavily on synthetic polymers, such as poly(methyl methacrylate) to make LCD screens, high-density polyethylene to produce electric vehicle components, and ethylene to make photovoltaics.The scenarios described above — deglobalization, radical price increases, and environmental challenges — are hypothetical and represent just the most extreme ways the situation might evolve. However, global trade data already show early signs of reglobalization. This global shift in the plastics industry creates certain incentives at the local level along with a wealth of opportunities.To increase efficiencies in refinery processing and reduce resource consumption and greenhouse gas emissions, the plastics and petrochemicals industries are heavily investing in R&D — it is expected that global R&D expenditures in this field will double by 2030. This also creates incentives and opportunities for local producers of all kinds — from packaging to transportation and even renewable energy generation — as, again, polymers are used virtually everywhere. In accordance with Roland Berger’s concept of the seventh disruption to the polymers market, in the long term, those who win the race to localize production, form markets, and achieve high environmental performance will rule the future. About the authorDan Pototsky is a graduate of Zhejiang Gongshang University, a consulting adviser on markets, and a junior research specialist on international trade.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: वर्ष 2022-23 में 3305 लाख टन से अधिक खाद्यान्न उत्पादन का अनुमान28 मई 2023, नई दिल्ली (कृषक जगत)  । वर्ष 2022-23 में 3305 लाख टन से अधिक खाद्यान्न उत्पादन का अनुमान – कृषि मंत्रालय ने वर्ष 2022-23 के लिए मुख्य फसलों के उत्पादन के तीसरे अग्रिम अनुमान जारी कर दिए हैं। केंद्रीय कृषि मंत्री श्री नरेंद्र सिंह तोमर ने बताया कि किसानों के अथक परिश्रम, वैज्ञानिकों के योगदान एवं सरकार की किसान हितैषी नीतियों व राज्यों के सहयोग से देश में कृषि उत्पादन लगातार बढ़ रहा है। चालू कृषि वर्ष में 3305.34 लाख टन खाद्यान्न उत्पादन का अनुमान है।वर्ष 2022-23 के लिए तीसरे अग्रिम अनुमानों के अनुसार, देश में कुल खाद्यान्न उत्पादन रिकॉर्ड 3305.34 लाख टन अनुमानित है, जो पिछले वर्ष 2021-22 की तुलना में 149.18 लाख टन अधिक है। चावल का कुल उत्पादन 1355.42 लाख टन अनुमानित है। यह पिछले वर्ष की तुलना में 60.71 लाख टन अधिक है। देश में गेहूं का उत्पादन 1127.43 लाख टन होने का अनुमान है, जो पिछले वर्ष की तुलना में 50.01 लाख टन अधिक है।वर्ष 2022-23 के दौरान देश में मक्का का उत्पादन रिकॉर्ड 359.13 लाख टन अनुमानित है, जो पिछले वर्ष के उत्पादन की तुलना में 21.83 लाख टन अधिक है। वहीं पोषक/मोटे अनाजों (श्री अन्न) का उत्पादन 547.48 लाख टन होने का अनुमान है, जो गत वर्ष की तुलना में 36.47 लाख टन अधिक है। इसी प्रकार मूंग का उत्पादन 37.40 लाख टन अनुमानित है, जो पिछले वर्ष के उत्पादन की तुलना में 5.74 लाख टन अधिक है।इस वर्ष कुल दलहन उत्पादन 275.04 लाख टन अनुमानित है, जो पिछले वर्ष के 273.02 लाख टन उत्पादन की तुलना में 2.02 लाख टन अधिक है। वहीं सोयाबीन तथा रेपसीड एवं सरसों का उत्पादन क्रमश: 149.76 लाख टन एवं 124.94 लाख टन अनुमानित है, जो पिछले वर्ष 2021-22 के उत्पादन की तुलना में क्रमश: 19.89 लाख टन और 5.31 लाख टन अधिक है। इसी प्रकार देश में कुल तिलहन उत्पादन रिकॉर्ड 409.96 लाख टन अनुमानित है, जो पिछले वर्ष के तिलहन उत्पादन की तुलना में 30.33 लाख टन अधिक है।वर्ष 2022-23 के दौरान देश में गन्ने का उत्पादन रिकॉर्ड 4942.28 लाख टन अनुमानित है। 2022-23 के दौरान गन्ने का उत्पादन गत वर्ष के उत्पादन की तुलना में 548.03 लाख टन अधिक है। कपास का उत्पादन 343.47 लाख गांठें (प्रति गांठ 170 किग्रा) तथा पटसन एवं मेस्ता का उत्पादन 94.94 लाख गांठें (प्रति गांठ 180 किग्रा) अनुमानित है। ### Response: YES
YES
वर्ष 2022-23 में 3305 लाख टन से अधिक खाद्यान्न उत्पादन का अनुमान28 मई 2023, नई दिल्ली (कृषक जगत)  । वर्ष 2022-23 में 3305 लाख टन से अधिक खाद्यान्न उत्पादन का अनुमान – कृषि मंत्रालय ने वर्ष 2022-23 के लिए मुख्य फसलों के उत्पादन के तीसरे अग्रिम अनुमान जारी कर दिए हैं। केंद्रीय कृषि मंत्री श्री नरेंद्र सिंह तोमर ने बताया कि किसानों के अथक परिश्रम, वैज्ञानिकों के योगदान एवं सरकार की किसान हितैषी नीतियों व राज्यों के सहयोग से देश में कृषि उत्पादन लगातार बढ़ रहा है। चालू कृषि वर्ष में 3305.34 लाख टन खाद्यान्न उत्पादन का अनुमान है।वर्ष 2022-23 के लिए तीसरे अग्रिम अनुमानों के अनुसार, देश में कुल खाद्यान्न उत्पादन रिकॉर्ड 3305.34 लाख टन अनुमानित है, जो पिछले वर्ष 2021-22 की तुलना में 149.18 लाख टन अधिक है। चावल का कुल उत्पादन 1355.42 लाख टन अनुमानित है। यह पिछले वर्ष की तुलना में 60.71 लाख टन अधिक है। देश में गेहूं का उत्पादन 1127.43 लाख टन होने का अनुमान है, जो पिछले वर्ष की तुलना में 50.01 लाख टन अधिक है।वर्ष 2022-23 के दौरान देश में मक्का का उत्पादन रिकॉर्ड 359.13 लाख टन अनुमानित है, जो पिछले वर्ष के उत्पादन की तुलना में 21.83 लाख टन अधिक है। वहीं पोषक/मोटे अनाजों (श्री अन्न) का उत्पादन 547.48 लाख टन होने का अनुमान है, जो गत वर्ष की तुलना में 36.47 लाख टन अधिक है। इसी प्रकार मूंग का उत्पादन 37.40 लाख टन अनुमानित है, जो पिछले वर्ष के उत्पादन की तुलना में 5.74 लाख टन अधिक है।इस वर्ष कुल दलहन उत्पादन 275.04 लाख टन अनुमानित है, जो पिछले वर्ष के 273.02 लाख टन उत्पादन की तुलना में 2.02 लाख टन अधिक है। वहीं सोयाबीन तथा रेपसीड एवं सरसों का उत्पादन क्रमश: 149.76 लाख टन एवं 124.94 लाख टन अनुमानित है, जो पिछले वर्ष 2021-22 के उत्पादन की तुलना में क्रमश: 19.89 लाख टन और 5.31 लाख टन अधिक है। इसी प्रकार देश में कुल तिलहन उत्पादन रिकॉर्ड 409.96 लाख टन अनुमानित है, जो पिछले वर्ष के तिलहन उत्पादन की तुलना में 30.33 लाख टन अधिक है।वर्ष 2022-23 के दौरान देश में गन्ने का उत्पादन रिकॉर्ड 4942.28 लाख टन अनुमानित है। 2022-23 के दौरान गन्ने का उत्पादन गत वर्ष के उत्पादन की तुलना में 548.03 लाख टन अधिक है। कपास का उत्पादन 343.47 लाख गांठें (प्रति गांठ 170 किग्रा) तथा पटसन एवं मेस्ता का उत्पादन 94.94 लाख गांठें (प्रति गांठ 180 किग्रा) अनुमानित है।
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Sinopec inks agreement with Kazakhstan for polyethylene projectChina Petroleum & Chemical Corporation (Sinopec) has signed a key terms agreement with KazMunayGaz, the national operator of the oil and gas industry of Kazakhstan, for developing a polyethylene project in the Atyrau Region in Xi'an, China. The agreement, signed during Kazakh President Kassym-Jomart Tokayev's visit to China, marks that Sinopec will participate in and push forward the project as a cooperative partner. The polyethylene project will be the largest natural gas and chemical project in the region, the investment decision of which is expected to be finalized in 2024, and when Sinopec formally joins the project in the future, all parties will sign an equity acquisition agreement and other legally binding documents of relevance. Sinopec and KazMunayGaz have been long-term partners with a solid foundation of cooperation, and the signing of the agreement is bringing the partnership to a new level, leveraging Sinopec's leading advantages in engineering, marketing and sales, production, and operation, as well as KazMunayGaz's firm and strong capabilities in the local market and wealth of resources, to promote mutually beneficial cooperation and achieve win-win development. ### Response: YES
YES
Sinopec inks agreement with Kazakhstan for polyethylene projectChina Petroleum & Chemical Corporation (Sinopec) has signed a key terms agreement with KazMunayGaz, the national operator of the oil and gas industry of Kazakhstan, for developing a polyethylene project in the Atyrau Region in Xi'an, China. The agreement, signed during Kazakh President Kassym-Jomart Tokayev's visit to China, marks that Sinopec will participate in and push forward the project as a cooperative partner. The polyethylene project will be the largest natural gas and chemical project in the region, the investment decision of which is expected to be finalized in 2024, and when Sinopec formally joins the project in the future, all parties will sign an equity acquisition agreement and other legally binding documents of relevance. Sinopec and KazMunayGaz have been long-term partners with a solid foundation of cooperation, and the signing of the agreement is bringing the partnership to a new level, leveraging Sinopec's leading advantages in engineering, marketing and sales, production, and operation, as well as KazMunayGaz's firm and strong capabilities in the local market and wealth of resources, to promote mutually beneficial cooperation and achieve win-win development.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: सरसों भाव बढ़ेगा या घटेगा? अल नीनो का क्या पड़ेगा असर, देखें ताजा रिपोर्टMusterd Price News: बढ़े दाम पर तेल मिलों की हाजिर मांग कम होने के कारण घरेलू बाजार में शनिवार को सरसों की कीमतें स्थिर हो गई। जयपुर में कंडीशन की सरसों के भाव 5,250 रुपये प्रति क्विंटल के पूर्व स्तर पर स्थिर बने रहे। इस दौरान सरसों की दैनिक आवक (Mustard Daily Arrival) घटकर छह लाख बोरियों रह गई। व्यापारियों के अनुसार चालू सप्ताह के अंत में विश्व बाजार में खाद्वय तेलों की कीमतों (global edible oils market) में सुधार आया था, लेकिन घरेलू बाजार में बढ़े भाव में तेल मिलों की खरीद नहीं बढ़ पाई। सुबह के सत्र में जहां भाव स्थिर थे, वहीं शाम को कोलकाता के साथ ही पंजाब एवं हरियाणा की मंडियों में सरसों की कीमतों में 50 रुपये प्रति क्विंटल की बढ़ोतरी दर्ज की गई। हालांकि उद्योग ने सरसों के उत्पादन अनुमान में हाल ही में कमी की थी, लेकिन व्यापारियों का मानना है कि उत्पादन ज्यादा है। किसानों के साथ ही स्टॉकिस्टों के पास सरसों का बकाया स्टॉक ज्यादा है, इसलिए उत्पादक मंडियों में सरसों की दैनिक आवक अभी बनी रहेगी। गर्मी का सीजन होने के कारण सरसों तेल में मांग कमजोर रहेगी। घरेलू बाजार में सरसों एवं इसके तेल की कीमतों में तेजी, मंदी काफी हद तक आयातित खाद्वय तेलों (imported edible oil) के भाव पर निर्भर करेगी। चालू सप्ताह के अंत में मलेशियाई पाम तेल के साथ ही शिकागो में दाम तेज हुए थे, तथा जानकारों का मानना है कि अल नीनो के प्रभाव से उत्पादन अनुमान कम होने से पाम तेल के भाव में और मजबूती आने का अनुमान है। दूसरी तरफ ब्राजील में सोयाबीन का उत्पादन अनुमान ज्यादा होने से सोया तेल की कीमतों में अभी बड़ी तेजी के आसार कम है। इसका असर भी सरसों तेल की कीमतों पर रहेगा। जानकारों के अनुसार विश्व बाजार में आर्थिक मंदी की आशंका (Fear of economic recession in the world market) का असर भी व्यापार पर पड़ने का डर है। जयपुर में सरसों तेल कच्ची घानी एवं एक्सपेलर की कीमतें शनिवार को 6-6 रुपये बढ़कर क्रमश: 980 से 981 रुपये और 970 से 971 रुपये प्रति 10 किलो हो गई। इस दौरान सरसों खल के दाम 15 रुपये बढ़कर 2570 रुपये प्रति क्विंटल हो गए। ### Response: YES
YES
सरसों भाव बढ़ेगा या घटेगा? अल नीनो का क्या पड़ेगा असर, देखें ताजा रिपोर्टMusterd Price News: बढ़े दाम पर तेल मिलों की हाजिर मांग कम होने के कारण घरेलू बाजार में शनिवार को सरसों की कीमतें स्थिर हो गई। जयपुर में कंडीशन की सरसों के भाव 5,250 रुपये प्रति क्विंटल के पूर्व स्तर पर स्थिर बने रहे। इस दौरान सरसों की दैनिक आवक (Mustard Daily Arrival) घटकर छह लाख बोरियों रह गई। व्यापारियों के अनुसार चालू सप्ताह के अंत में विश्व बाजार में खाद्वय तेलों की कीमतों (global edible oils market) में सुधार आया था, लेकिन घरेलू बाजार में बढ़े भाव में तेल मिलों की खरीद नहीं बढ़ पाई। सुबह के सत्र में जहां भाव स्थिर थे, वहीं शाम को कोलकाता के साथ ही पंजाब एवं हरियाणा की मंडियों में सरसों की कीमतों में 50 रुपये प्रति क्विंटल की बढ़ोतरी दर्ज की गई। हालांकि उद्योग ने सरसों के उत्पादन अनुमान में हाल ही में कमी की थी, लेकिन व्यापारियों का मानना है कि उत्पादन ज्यादा है। किसानों के साथ ही स्टॉकिस्टों के पास सरसों का बकाया स्टॉक ज्यादा है, इसलिए उत्पादक मंडियों में सरसों की दैनिक आवक अभी बनी रहेगी। गर्मी का सीजन होने के कारण सरसों तेल में मांग कमजोर रहेगी। घरेलू बाजार में सरसों एवं इसके तेल की कीमतों में तेजी, मंदी काफी हद तक आयातित खाद्वय तेलों (imported edible oil) के भाव पर निर्भर करेगी। चालू सप्ताह के अंत में मलेशियाई पाम तेल के साथ ही शिकागो में दाम तेज हुए थे, तथा जानकारों का मानना है कि अल नीनो के प्रभाव से उत्पादन अनुमान कम होने से पाम तेल के भाव में और मजबूती आने का अनुमान है। दूसरी तरफ ब्राजील में सोयाबीन का उत्पादन अनुमान ज्यादा होने से सोया तेल की कीमतों में अभी बड़ी तेजी के आसार कम है। इसका असर भी सरसों तेल की कीमतों पर रहेगा। जानकारों के अनुसार विश्व बाजार में आर्थिक मंदी की आशंका (Fear of economic recession in the world market) का असर भी व्यापार पर पड़ने का डर है। जयपुर में सरसों तेल कच्ची घानी एवं एक्सपेलर की कीमतें शनिवार को 6-6 रुपये बढ़कर क्रमश: 980 से 981 रुपये और 970 से 971 रुपये प्रति 10 किलो हो गई। इस दौरान सरसों खल के दाम 15 रुपये बढ़कर 2570 रुपये प्रति क्विंटल हो गए।
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Domestic Iron Ore Prices Diverged Last Week, But Are Likely To Fall This WeekSHANGHAI, May 29 (SMM) - Weekly iron ore price review: Hebei: down 10-15 yuan/mt in Tangshan, Qianxi, and Qian'an; western Liaoning: down 10-15 yuan/mt in Chaoyang, Beipiao and Jianping; east China: up 20-30 yuan/mt. ### Response: NO
NO
Domestic Iron Ore Prices Diverged Last Week, But Are Likely To Fall This WeekSHANGHAI, May 29 (SMM) - Weekly iron ore price review: Hebei: down 10-15 yuan/mt in Tangshan, Qianxi, and Qian'an; western Liaoning: down 10-15 yuan/mt in Chaoyang, Beipiao and Jianping; east China: up 20-30 yuan/mt.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Crude Oil Went down, Dollar, Gold and Dow Jones Industrial Average RoseThe US dollar closed at 104.19 and fell 0.02; crude oil rose 1.06 and stood at 72.87; gold rose 5.08 and stood at 1945.92; the Dow Jones Industrial Average rose 328.69 and stood at 33,093.34 ### Response: YES
YES
Crude Oil Went down, Dollar, Gold and Dow Jones Industrial Average RoseThe US dollar closed at 104.19 and fell 0.02; crude oil rose 1.06 and stood at 72.87; gold rose 5.08 and stood at 1945.92; the Dow Jones Industrial Average rose 328.69 and stood at 33,093.34
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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 demand in the six ASEAN countries to increase 3.4% in 2023According to data released by the South East Asia Iron & Steel Institute, it is expected that in 2023, steel demand in the six ASEAN countries (Vietnam, Indonesia, Thailand, the Philippines, Malaysia and Singapore) will increase by 3.4% year-on-year, reaching 77.6 million mt. ### Response: NO
NO
Steel demand in the six ASEAN countries to increase 3.4% in 2023According to data released by the South East Asia Iron & Steel Institute, it is expected that in 2023, steel demand in the six ASEAN countries (Vietnam, Indonesia, Thailand, the Philippines, Malaysia and Singapore) will increase by 3.4% year-on-year, reaching 77.6 million mt.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Chinese Aluminium Smelters’ Costs Still Have Room To FallSHANGHAI, May 29 (SMM) - Alumina prices maintained a downward trend, with the SMM weighed alumina index down 14 yuan/mt. During the week, coal prices fell sharply. The rainy season in south-west China is approaching. Power costs of smelters who use grid power are expected to drop in June. The real-time full costs of smelters dropped 27 yuan/mt week-on-week to 16,334 yuan/mt as of last Friday, while SMM A00 aluminium prices stood at 18,160 yuan/mt, leaving their profits at 1,826 yuan/mt, shrinking 353 yuan/mt from a week earlier. ### Response: YES
YES
Chinese Aluminium Smelters’ Costs Still Have Room To FallSHANGHAI, May 29 (SMM) - Alumina prices maintained a downward trend, with the SMM weighed alumina index down 14 yuan/mt. During the week, coal prices fell sharply. The rainy season in south-west China is approaching. Power costs of smelters who use grid power are expected to drop in June. The real-time full costs of smelters dropped 27 yuan/mt week-on-week to 16,334 yuan/mt as of last Friday, while SMM A00 aluminium prices stood at 18,160 yuan/mt, leaving their profits at 1,826 yuan/mt, shrinking 353 yuan/mt from a week 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: Chinese ADC12 Secondary Aluminium Alloy Importers Suffer Severe Losses Due To Falling Domestic Prices And A Weaker RMBSHANGHAI, May 29 (SMM) – The prices of ADC12 secondary aluminium alloy fell 200 yuan/mt from a week ago to 18,500 yuan/mt as of last Friday. In terms of cost, aluminium scrap and silicon metal prices both declined last week. Prices of above-standard #553 silicon metal plunged 1,750 yuan/mt from early May to 13,600 yuan/mt on Friday, reducing ADC12 costs by 70-100 yuan/mt, with further decline expected in the future. On the demand side, die-casting plants lowered operating rates and secondary aluminium alloy purchases. On the supply side, many secondary aluminium alloy plants were suffering losses, triggering output cuts. Even though import quotations were cut to $2,250-2,270/mt, Chinese ADC12 importers still suffered losses of 400-600 yuan/mt due to falling domestic prices and a weaker yuan. Demand has no hope of improving, and ADC12 prices may hover sideways this week. ### Response: YES
YES
Chinese ADC12 Secondary Aluminium Alloy Importers Suffer Severe Losses Due To Falling Domestic Prices And A Weaker RMBSHANGHAI, May 29 (SMM) – The prices of ADC12 secondary aluminium alloy fell 200 yuan/mt from a week ago to 18,500 yuan/mt as of last Friday. In terms of cost, aluminium scrap and silicon metal prices both declined last week. Prices of above-standard #553 silicon metal plunged 1,750 yuan/mt from early May to 13,600 yuan/mt on Friday, reducing ADC12 costs by 70-100 yuan/mt, with further decline expected in the future. On the demand side, die-casting plants lowered operating rates and secondary aluminium alloy purchases. On the supply side, many secondary aluminium alloy plants were suffering losses, triggering output cuts. Even though import quotations were cut to $2,250-2,270/mt, Chinese ADC12 importers still suffered losses of 400-600 yuan/mt due to falling domestic prices and a weaker yuan. Demand has no hope of improving, and ADC12 prices may hover sideways 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: Weekly Review: Aluminium Scrap Prices Follow Aluminium Prices Down SharplySHANGHAI, May 29 (SMM) – A00 aluminium prices fell from last Monday to Wednesday before bouncing back to 18,160 yuan/mt on Friday, but still 2.05% lower than the previous Friday. Aluminium scrap prices lost 200-300 yuan/mt last week. The price difference between primary aluminium and aluminium scrap barely changed. Some aluminium scrap suppliers held back cargoes in the first half of the week as aluminium prices kept falling, but became more willing to sell after aluminium prices rebounded. Downstream enterprises restocked as needed and overall transactions declined a little. Considering weak aluminium prices, tight aluminium scrap supply and the off-season, aluminium scrap prices may drop slightly this week. ### Response: YES
YES
Weekly Review: Aluminium Scrap Prices Follow Aluminium Prices Down SharplySHANGHAI, May 29 (SMM) – A00 aluminium prices fell from last Monday to Wednesday before bouncing back to 18,160 yuan/mt on Friday, but still 2.05% lower than the previous Friday. Aluminium scrap prices lost 200-300 yuan/mt last week. The price difference between primary aluminium and aluminium scrap barely changed. Some aluminium scrap suppliers held back cargoes in the first half of the week as aluminium prices kept falling, but became more willing to sell after aluminium prices rebounded. Downstream enterprises restocked as needed and overall transactions declined a little. Considering weak aluminium prices, tight aluminium scrap supply and the off-season, aluminium scrap prices may drop slightly 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: Supply Shock Weigh Down Alumina Prices In North China, While Prices In South China Temporarily Hold StableSHANGHAI, May 29 (SMM) – Price review: The SMM weighted alumina index stood at 2,861 yuan/mt as of last Friday, down 14 yuan/mt from a week ago. The prices stood between 2,840-2,890 yuan/mt in Shandong (down 30 yuan/mt), 2,910-2,950 yuan/mt in Henan (down 15 yuan/mt), 2,830-2,880 yuan/mt in Shanxi (down 20 yuan/mt), 2,750-2,810 yuan/mt in Guangxi, 2,800-2,860 yuan/mt in Guizhou, and 2,950-3,000 yuan/mt in Bayuquan. ### Response: NO
NO
Supply Shock Weigh Down Alumina Prices In North China, While Prices In South China Temporarily Hold StableSHANGHAI, May 29 (SMM) – Price review: The SMM weighted alumina index stood at 2,861 yuan/mt as of last Friday, down 14 yuan/mt from a week ago. The prices stood between 2,840-2,890 yuan/mt in Shandong (down 30 yuan/mt), 2,910-2,950 yuan/mt in Henan (down 15 yuan/mt), 2,830-2,880 yuan/mt in Shanxi (down 20 yuan/mt), 2,750-2,810 yuan/mt in Guangxi, 2,800-2,860 yuan/mt in Guizhou, and 2,950-3,000 yuan/mt in Bayuquan.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Two women die after portion of banned coal mine collapses in MPCoal mine.Bhopal: At least two women were killed on Sunday after a portion of a banned coal mine collapsed in the Bangavan area in Madhya Pradesh's Anuppur district. Local administration and the police have reached the spot and rescue operation was being carried out as some more women are also suspected to be trapped under debris. A group of women had entered into a banned coal mine located in area, when a huge potion of it gave way leading to on the spot death of two women, police said. The deceased have been identified as Kaushilya Devi (47) and Indrakali (48), both residents of Prem Nagar area, which is located a few km away from the coal mine, the police added. Advt Local people often enter into banned mines to steal coal, which they sell in black market. 'Locals often would enter banned coal mine areas despite deployment of private security guards. Two bodies have been recovered so far. We are investigating the matter as to how these women gained entry into a banned area,' a police officer in Ram Nagar police station said. IANS Published On May 29, 2023 at 08:02 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 prem nagar bangavan ram nagar madhya pradesh indrakali Home News Coal Two women die after portion of banned coal mine collapses in MP ### Response: NO
NO
Two women die after portion of banned coal mine collapses in MPCoal mine.Bhopal: At least two women were killed on Sunday after a portion of a banned coal mine collapsed in the Bangavan area in Madhya Pradesh's Anuppur district. Local administration and the police have reached the spot and rescue operation was being carried out as some more women are also suspected to be trapped under debris. A group of women had entered into a banned coal mine located in area, when a huge potion of it gave way leading to on the spot death of two women, police said. The deceased have been identified as Kaushilya Devi (47) and Indrakali (48), both residents of Prem Nagar area, which is located a few km away from the coal mine, the police added. Advt Local people often enter into banned mines to steal coal, which they sell in black market. 'Locals often would enter banned coal mine areas despite deployment of private security guards. Two bodies have been recovered so far. We are investigating the matter as to how these women gained entry into a banned area,' a police officer in Ram Nagar police station said. IANS Published On May 29, 2023 at 08:02 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 prem nagar bangavan ram nagar madhya pradesh indrakali Home News Coal Two women die after portion of banned coal mine collapses in MP
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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 climbs after US leaders strike provisional debt dealOil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer. Brent crude futures climbed 39 cents, or 0.5%, to $77.34 a barrel by 2317 GMT, while U.S. West Texas Intermediate crude was at $73.12 a barrel, up 45 cents, or 0.6%. U.S. President Joe Biden and House Speaker Kevin McCarthy on Saturday reached an agreement in principle to suspend the $31.4 trillion debt ceiling. Both leaders expressed confidence on Sunday that members of the Democratic and Republican parties will vote to support the deal. However relief for global financial markets could be short-lived as once the deal is approved, the U.S. Treasury is expected to issue bonds that will further tighten liquidity and make funding more expensive for companies already reeling from high interest rates. Last week, Brent and WTI notched a second consecutive weekly gain of more than 1% on the progress of the U.S. debt ceiling talks and after Saudi energy minister warned short-sellers betting oil prices will fall to 'watch out' for pain. Some investors took the warning as a signal that OPEC+, the Organization of Petroleum Exporting Countries and allies including Russia, could consider further output cuts at a meeting on June 4. However, Russian Deputy Prime Minister Alexander Novak said last week he expected no new steps from OPEC+ as a decision on voluntary production cuts was made just a month back. U.S. energy firms cut rigs for a fourth week in a row, with oil rigs down by five to 570 last week to their lowest since May 2022, energy services firm Baker Hughes Co said in its weekly report on Friday. Investors are watching for China's manufacturing and services data this week as well as U.S. nonfarm payroll data on Friday for signals on economic growth and oil demand. ### Response: YES
YES
Oil climbs after US leaders strike provisional debt dealOil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer. Brent crude futures climbed 39 cents, or 0.5%, to $77.34 a barrel by 2317 GMT, while U.S. West Texas Intermediate crude was at $73.12 a barrel, up 45 cents, or 0.6%. U.S. President Joe Biden and House Speaker Kevin McCarthy on Saturday reached an agreement in principle to suspend the $31.4 trillion debt ceiling. Both leaders expressed confidence on Sunday that members of the Democratic and Republican parties will vote to support the deal. However relief for global financial markets could be short-lived as once the deal is approved, the U.S. Treasury is expected to issue bonds that will further tighten liquidity and make funding more expensive for companies already reeling from high interest rates. Last week, Brent and WTI notched a second consecutive weekly gain of more than 1% on the progress of the U.S. debt ceiling talks and after Saudi energy minister warned short-sellers betting oil prices will fall to 'watch out' for pain. Some investors took the warning as a signal that OPEC+, the Organization of Petroleum Exporting Countries and allies including Russia, could consider further output cuts at a meeting on June 4. However, Russian Deputy Prime Minister Alexander Novak said last week he expected no new steps from OPEC+ as a decision on voluntary production cuts was made just a month back. U.S. energy firms cut rigs for a fourth week in a row, with oil rigs down by five to 570 last week to their lowest since May 2022, energy services firm Baker Hughes Co said in its weekly report on Friday. Investors are watching for China's manufacturing and services data this week as well as U.S. nonfarm payroll data on Friday for signals on economic growth and oil 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: JSW Group exploring possibilities to acquire coking coal mines in offshore markets: SourcesHomegrown firm JSW Group is exploring possibilities to acquire coking coal mines in offshore markets, industry sources said. The steel-to-infrastructure group is exploring the mineral assets in countries like Australia and Mozambique etc, they said. 'JSW Group is exploring possibilities to acquire coking coal mines in offshore markets like Mozambique, Australia etc for captive purposes,' sources said. Captive coking coal mines will help group company JSW Steel reduce its cost of production for manufacturing steel, they explained. When contacted, a JSW Group spokesperson declined to make any comment. JSW Steel is into manufacturing steel through the blast furnace route, a process which requires coking coal as a key raw material. Due to the unavailability of coking coal, India remains dependent on imports to meet 85 per cent of its coking coal needs from far-located countries like Australia, South Africa, Canada and the US. Specifically, JSW Steel meets 60 per cent of its coking coal requirement via imports. JSW Steel is among India's top six steel manufacturing companies. ### Response: YES
YES
JSW Group exploring possibilities to acquire coking coal mines in offshore markets: SourcesHomegrown firm JSW Group is exploring possibilities to acquire coking coal mines in offshore markets, industry sources said. The steel-to-infrastructure group is exploring the mineral assets in countries like Australia and Mozambique etc, they said. 'JSW Group is exploring possibilities to acquire coking coal mines in offshore markets like Mozambique, Australia etc for captive purposes,' sources said. Captive coking coal mines will help group company JSW Steel reduce its cost of production for manufacturing steel, they explained. When contacted, a JSW Group spokesperson declined to make any comment. JSW Steel is into manufacturing steel through the blast furnace route, a process which requires coking coal as a key raw material. Due to the unavailability of coking coal, India remains dependent on imports to meet 85 per cent of its coking coal needs from far-located countries like Australia, South Africa, Canada and the US. Specifically, JSW Steel meets 60 per cent of its coking coal requirement via imports. JSW Steel is among India's top six steel manufacturing companies.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: Commodities Live: Crude Oil Prices At 2-week High; All Eyes On US FED Meet ### Response: NO
NO
Commodities Live: Crude Oil Prices At 2-week High; All Eyes On US FED Meet
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: NTPC Invites Bids for Cable Supply for Solar Projects in GujaratThe National Thermal Power Corporation (NTPC) has invited bids for the supply of 33 kV grade power cables for a 1,255 MW solar block in the Kutch district of Gujarat. The tender includes the manufacturing, testing, packing, and supply (including freight and insurance) of the cables. The last day to submit the bids is June 29, 2023. ### Response: YES
YES
NTPC Invites Bids for Cable Supply for Solar Projects in GujaratThe National Thermal Power Corporation (NTPC) has invited bids for the supply of 33 kV grade power cables for a 1,255 MW solar block in the Kutch district of Gujarat. The tender includes the manufacturing, testing, packing, and supply (including freight and insurance) of the cables. The last day to submit the bids is June 29, 2023.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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 Urges Japan To Halt Export Restrictions On ChipsChinese Commerce Minister Wang Wentao urged Japan to halt semiconductor export controls, calling it a 'wrongdoing' that 'seriously violated' international economic and trade rules, a statement from his ministry said on Monday, reported Reuters. ### Response: NO
NO
China Urges Japan To Halt Export Restrictions On ChipsChinese Commerce Minister Wang Wentao urged Japan to halt semiconductor export controls, calling it a 'wrongdoing' that 'seriously violated' international economic and trade rules, a statement from his ministry said on Monday, reported Reuters.
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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: AP bets on renewable energy to meet goalsVISAKHAPATNAM: Anticipating a further increase in the electricity demand, the state energy department has focused on transformation of the sector. The annual energy consumption in the state has increased by over 31 per cent in the last six years – from 50,077 million units in 2017-18 to 65,830 MU in 2022-23. The power utilities met the all-time high per-day energy demand of 251 MU on May 18. As part of meeting the future energy demand, the state government has taken measures to enhance power generation installation capacity in the state. The government has laid special emphasis on increasing the renewable energy generation capacity that would help the state ramp up its power generation capacity. Advt Special chief secretary (energy), K Vijayanand, said the government has already announced a renewable energy export policy 2020 to establish wind, solar, and hybrid projects to strengthen the energy sector. “Besides, pumped hydro storage projects with a capacity of around 33 GW have been planned both on river and off river sites. With the completion of these projects, AP will be number one in the power sector in the country and can export surplus power to other states. This will also ensure that the power becomes cheaper and cleaner which ultimately fulfils the objective of the state government to provide cost effective power to consumers in the state.,” said Vijayanand. “Chief minister YS Jagan Mohan Reddy and energy minister Peddireddi Ramachandra Reddy are keen on providing reliable power supply to consumers and free power to agriculture. The government entered into an agreement with the Solar Energy Corporation of India to procure 7,000 MW of solar power to continue the 9-hour daytime free power to agriculture for the next 25 years,” added Vijayanand. APGenco managing director KVN Chakradhar Babu said the Genco is supplying around 102 to 105 million units per day to the state grid. “This is around 40 to 45 per cent of the total energy demand and is highest ever after bifurcation of the state. The Genco is making all-out efforts to improve coal stocks and is also ensuring cost effective and efficient generation of power at better heat rate and optimisation of fuel resources. APGenco will strive hard to be the best organisation at national level in power generation and maintaining the highest plant load factor,” said Chakradhar Babu. Advt TNN Published On May 29, 2023 at 12:31 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 Visakhapatnam India Jagan Mohan Ramachandra Home News Renewable AP bets on renewable energy to meet goals ### Response: YES
YES
AP bets on renewable energy to meet goalsVISAKHAPATNAM: Anticipating a further increase in the electricity demand, the state energy department has focused on transformation of the sector. The annual energy consumption in the state has increased by over 31 per cent in the last six years – from 50,077 million units in 2017-18 to 65,830 MU in 2022-23. The power utilities met the all-time high per-day energy demand of 251 MU on May 18. As part of meeting the future energy demand, the state government has taken measures to enhance power generation installation capacity in the state. The government has laid special emphasis on increasing the renewable energy generation capacity that would help the state ramp up its power generation capacity. Advt Special chief secretary (energy), K Vijayanand, said the government has already announced a renewable energy export policy 2020 to establish wind, solar, and hybrid projects to strengthen the energy sector. “Besides, pumped hydro storage projects with a capacity of around 33 GW have been planned both on river and off river sites. With the completion of these projects, AP will be number one in the power sector in the country and can export surplus power to other states. This will also ensure that the power becomes cheaper and cleaner which ultimately fulfils the objective of the state government to provide cost effective power to consumers in the state.,” said Vijayanand. “Chief minister YS Jagan Mohan Reddy and energy minister Peddireddi Ramachandra Reddy are keen on providing reliable power supply to consumers and free power to agriculture. The government entered into an agreement with the Solar Energy Corporation of India to procure 7,000 MW of solar power to continue the 9-hour daytime free power to agriculture for the next 25 years,” added Vijayanand. APGenco managing director KVN Chakradhar Babu said the Genco is supplying around 102 to 105 million units per day to the state grid. “This is around 40 to 45 per cent of the total energy demand and is highest ever after bifurcation of the state. The Genco is making all-out efforts to improve coal stocks and is also ensuring cost effective and efficient generation of power at better heat rate and optimisation of fuel resources. APGenco will strive hard to be the best organisation at national level in power generation and maintaining the highest plant load factor,” said Chakradhar Babu. Advt TNN Published On May 29, 2023 at 12:31 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 Visakhapatnam India Jagan Mohan Ramachandra Home News Renewable AP bets on renewable energy to meet goals
You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are 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 Satluj Jal Vidyut Nigam Limited gets second hydro project in NepalKathmandu: India's Satluj Jal Vidyut Nigam Limited has received a permission to develop a second hydropower project in Nepal. Currently, India's state-owned company is developing a 900-mw Arun -III hydroelectric project which is going to complete the construction work by 2024. Now, the Investment Board Nepal (IBN) on Sunday approved the project development agreement (PDA) draft to be signed with India's state-owned SJVN to develop the 669-megawatt (MW) Lower Arun Hydropower project in eastern Nepal which is based on the same river. Prime Minister Pushpa Kamal Dahal, popularly known as Prachanda, chaired the meeting. Advt The draft is due for approval by the Cabinet. SJVN—Arun-III Power Development Company (SAPDC), a wholly-owned subsidiary of India's Satluj Jal Vidyut Nigam (SJVN), is developing the project on a build-own-operate-transfer (BOOT) basis. SVJN is a joint-venture between the Government of India and the Government of Himachal Pradesh. SAPDC will operate the facility for a period of 25 years, excluding the construction period of five years, before transferring the ownership to the Nepal government. Nepal will receive 21.9 per cent of the electricity generated at the power plant as free power during these initial 25 years of commercial operations. The development of giving second project to SJVan comes days before Nepal's Prime Minister Pushpa Kamal Dahal's visit to India from May 31 to June 3. The 54th board meeting of the IBN chaired by Dahal approved the draft on Sunday, said a press statement issued by the IBN. On April 14, the 53rd meeting of the IBN approved an investment worth Rs 92.68 billion proposed by SJVN, to develop the project. The project is located in the Sankhuwasabha and Bhojpur districts. The Lower Arun project will not have any reservoir or dam and will be a tailrace development of Arun-III, which will mean water re-enters the river for the Lower Arun project. Advt This is the third project undertaken, all through negotiation windows, on the Arun River after the 900 MW Arun-III and 695 MW Arun-IV hydroelectricity projects. The three projects will generate nearly 2,300 MW of electricity from the river in Sankhuwasabha district. The $1.3 billion project, the single biggest foreign investment project, as per the 2017 cost estimates, is located in Sankhuwasabha and Bhojpur districts. This is the second mega project undertaken by the southern neighbour after the $1.04 billion 900-MW Arun-3 hydroelectric project in the Arun river. IANS Published On May 29, 2023 at 08:21 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 india bhojpur sankhuwasabha ibn dahal pushpa kamal svjn sjvan investment board nepal government of india Home News Power India's Satluj Jal Vidyut Nigam Limited gets second hydro project in Nepal ### Response: NO
NO
India's Satluj Jal Vidyut Nigam Limited gets second hydro project in NepalKathmandu: India's Satluj Jal Vidyut Nigam Limited has received a permission to develop a second hydropower project in Nepal. Currently, India's state-owned company is developing a 900-mw Arun -III hydroelectric project which is going to complete the construction work by 2024. Now, the Investment Board Nepal (IBN) on Sunday approved the project development agreement (PDA) draft to be signed with India's state-owned SJVN to develop the 669-megawatt (MW) Lower Arun Hydropower project in eastern Nepal which is based on the same river. Prime Minister Pushpa Kamal Dahal, popularly known as Prachanda, chaired the meeting. Advt The draft is due for approval by the Cabinet. SJVN—Arun-III Power Development Company (SAPDC), a wholly-owned subsidiary of India's Satluj Jal Vidyut Nigam (SJVN), is developing the project on a build-own-operate-transfer (BOOT) basis. SVJN is a joint-venture between the Government of India and the Government of Himachal Pradesh. SAPDC will operate the facility for a period of 25 years, excluding the construction period of five years, before transferring the ownership to the Nepal government. Nepal will receive 21.9 per cent of the electricity generated at the power plant as free power during these initial 25 years of commercial operations. The development of giving second project to SJVan comes days before Nepal's Prime Minister Pushpa Kamal Dahal's visit to India from May 31 to June 3. The 54th board meeting of the IBN chaired by Dahal approved the draft on Sunday, said a press statement issued by the IBN. On April 14, the 53rd meeting of the IBN approved an investment worth Rs 92.68 billion proposed by SJVN, to develop the project. The project is located in the Sankhuwasabha and Bhojpur districts. The Lower Arun project will not have any reservoir or dam and will be a tailrace development of Arun-III, which will mean water re-enters the river for the Lower Arun project. Advt This is the third project undertaken, all through negotiation windows, on the Arun River after the 900 MW Arun-III and 695 MW Arun-IV hydroelectricity projects. The three projects will generate nearly 2,300 MW of electricity from the river in Sankhuwasabha district. The $1.3 billion project, the single biggest foreign investment project, as per the 2017 cost estimates, is located in Sankhuwasabha and Bhojpur districts. This is the second mega project undertaken by the southern neighbour after the $1.04 billion 900-MW Arun-3 hydroelectric project in the Arun river. IANS Published On May 29, 2023 at 08:21 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 india bhojpur sankhuwasabha ibn dahal pushpa kamal svjn sjvan investment board nepal government of india Home News Power India's Satluj Jal Vidyut Nigam Limited gets second hydro project in Nepal