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The Japan Crude Cocktail (JCC) is the informal nickname given to the pricing index of Crude Oil used in most East Asian countries. [1] The JCC is the average price of customs-cleared crude oil imports into Japan and is published by the Petroleum Association of Japan. [2] The official name of the JCC is the Japan Customs-cleared Crude Oil Price. [3]
On 4 April 2022, TOCOM listed LNG (Platts JKM) futures contracts on a trial basis and changed listing status of the electricity futures from trial listing to permanent listing. [11] This will improve the market convenience of TOCOM as “Consolidated Energy Derivatives Exchange” where one can trade the electricity futures and the power ...
The Japan–China Trade Agreement of 1974 served as a continuation of various treaties between the People's Republic of China (PRC) and Japan during the Cold War.The treaty was an important step in the normalization of relations between China and Japan, after diplomatic and economic ties had been formally re-established via the 1972 Japan–China Joint Communiqué.
The history of China–Japan relations spans thousands of years through trade, cultural exchanges, friendships, and conflicts. Japan has deep historical and cultural ties with China; cultural contacts throughout its history have strongly influenced the nation – including its writing system [a] architecture, [b] cuisine, [c] culture, literature, religion, [d] philosophy, and law.
In the 1980s Japan accounted for over 20 percent of China's foreign trade and in 1986 provided 28.9 percent of China's imports and 15.2 percent of its exports. Starting in the late 1970s, China ran a trade deficit with Japan. [citation needed]
Image source: Getty Images. A small-sounding rate hike had a big effect on exchange rates. The yen reacted almost immediately to the rate hike, rising to about 150 to the U.S. dollar from about ...
History of trade of the People's Republic of China; History of trade of the Republic of China (1949-present) Economy of the People's Republic of China; Economy of the Republic of China; Economic history of China (pre-1911) Economic history of China (1912–1949) Old China Trade, the commerce between China and the United States in the late 18th ...
Traders expect prices to climb above $40,000 a ton following China's ban amid an ongoing global supply shortage. "We have already sold some small quantities for $40,000," a minor metals trader in ...