Sentences with phrase «global oversupply»
"Global oversupply" means that there is too much of a product or resource available worldwide compared to the demand for it. Full definition
«Previously disclosed market instability and global oversupply of solar panels continued to negatively impact our solar panel manufacturing business, including the pricing and demand for solar panels in the fourth quarter of 2016,» company officials said.
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In December, the Ministry of Finance cut export taxes on some types of steel products in a move analysts said could worsen global oversupply.
Although bullish reports over the past few weeks point to stronger - than - expected oil demand growth, and although global oversupply has reduced over the summer, the bets for $ 100 oil at the end of next year are still way above estimates and forecasts.
While First Solar notes that solar module prices are still affected by a persistent global oversupply, CEO Widmar says that as a result of the hoarding in advance of a Section 201 decision «pricing has firmed up.»
Oil futures fell in Asian trade on Thursday, with U.S. crude hitting its lowest level in more than two weeks, amid renewed worries of global oversupply after inventories in the Continue Reading
Their latest comments highlight the industry's remarkable resilience, but also serve as a warning to rivals and traders: a retreat in U.S. oil production that would help ease global oversupply and let prices recover may prove shorter than some may have expected.
Aluminium prices are at a four - year low and the outlook for the commodity for the next few years remains bleak amid global oversupply.
-LSB-...] Last week, Solyndra abruptly announced that it was ceasing operations and laying off 1,100 employees, a move the company attributed to intense foreign competition and a «global oversupply of solar panels.»»
Since then OPEC, led by Saudi Arabia, along with Russia and other non OPEC producers agreed to curb production so the world could soak up some of the global oversupply.
Oil prices continued their months - long decline Monday, with the price of crude briefly falling below $ 50 per barrel for the first time in more than five years earlier in the session on account of global oversupply.
Increase in US production now threatens to undermine efforts by the Organisation of Petroleum Exporting Countries (OPEC) and some non-members to reduce the global oversupply of oil.
Robust US production now threatens to undermine efforts by the Organization of Petroleum Exporting Countries (OPEC) and some non-members to reduce the global oversupply of oil.
Robust US production now threatens to undermine efforts by the Organisation of Petroleum Exporting Countries (OPEC) and some non-members to reduce the global oversupply of oil.
While some traders expressed surprise with the market's behavior, others shrugged it off as they did not think oil was on the cusp of an extended recovery because of nagging worries about the global oversupply in crude.
While China is the chief source of the global oversupply of steel and aluminum, it currently ships little steel and aluminum to the US because of previously imposed trade barriers.
Brent sank to the lowest since 2003 in the first quarter and has since surged about 80 percent on signs the global oversupply will ease.
The global oversupply in fact may make the price of steel and aluminum decline in foreign markets.
But we think that OPEC members are likely to stick to the agreement this time, as the cartel appears keen to rein in global oversupply and stabilize prices.
Should tensions escalate further and lead to any other oil outage, the current buffer of global oversupply could be reversed pretty quickly.
While China is the chief source of the global oversupply of steel and aluminum, it currently ships little steel and aluminum to the US because of previously - imposed trade barriers.
But by November 2016 Mr Evans cited setbacks caused by a global oversupply of infant formula product and uncertainty around Chinese import regulations for the change of plans.
Australian dairy farmers are battling to survive an industry - wide crisis, after processors dramatically cut milk prices in response to a global oversupply of milk.
Wisconsin dairy farms are drowning right now — drowning in a global oversupply of milk.
A Victorian dairy company is re-assessing its $ 500 million plan to produce and process its own milk, citing setbacks caused by a global oversupply of product and uncertainty around Chinese import regulations.
And the stress is only mounting as milk prices continue to fall, due to a global oversupply of milk, and lower prices overseas.
It joined a number of milk powder ventures that collapsed in the wake of a global oversupply of dairy and uncertainty around Chinese import regulations.
Slowing economic growth in New Zealand's top export market, China, and a global oversupply of milk products have seen dairy prices plummet after reaching record highs in 2013.
And the global oversupply of natural gas that is keeping prices low in the U.S. this year won't last — Birol estimates that the demand for natural gas by 2030 will far outstrip supply.
The competitive challenge was exacerbated by the global oversupply of solar panels and a severe compression of prices that in part resulted from uncertainty in governmental incentive programs in Europe and the decline in credit markets that finance solar systems