Over - operation of Mediterranean ports triggers supply chain concerns
26 April 2024
Recently, a major container port in the western Mediterranean has raised concerns about the rising inventory costs and shortages that European retailers and manufacturers may face due to the surge in transport volumes, adding that the actions of Houthi armed forces threatening the Red Sea Shipyard have led to a large number of cargo ships changing routes, circumnavigating a good-looking corner rather than crossing the Suez Canal, thereby increasing the area of Tangier in Morocco.
South Koreas exports have increased significantly, and demand for technology products is strong
25 April 2024
Recently, the South Korean economy has shown positive signs of recovery, especially in its foreign exports. According to the latest data released by the South Korean Customs Department, in the first 20 days of April 2024, South Korea’s exports reached $35.8 billion, up from 11.1 percent. In addition, imports grew by 6.1 percent, to $38.5 billion. Despite the challenges faced by a trade deficit, South Korea’s exports are still growing.
US and UK sanctions trigger sharp fluctuations in LME aluminum and copper prices
25 April 2024
近期，美國和英國政府對(duì)俄羅斯產(chǎn)品施加的新一輪貿(mào)易制裁導(dǎo)致了倫敦金屬交易所（LME）價(jià)格的劇烈波動(dòng)，特別是在鋁和銅這兩個(gè)關(guān)鍵金屬領(lǐng)域。 2024年4月15日，LME記錄的三個(gè)月鋁期貨價(jià)格開盤便比前一周末（4月12日）高出9%，達(dá)到2728美元每噸，這是自202...
The Polish building materials market has undergone price adjustments
24 April 2024
In Poland, the building materials market is experiencing a significant price adjustment. According to a report from businessinsider.pl on April 17, the March data showed that the building materials prices in the Polish market dropped by an average of 3.2% compared to the same period last year. This trend is especially more evident in the wholesale sector, where the discount range is up to 4.1%, while the discount range in the retail sector is 2.6%...
Shanghai container export price index SCFI continues to rise
23 April 2024
The latest Shanghai Containerized Freight Index (SCFI) shows that while most major routes remain stable or slightly decline, rates for Asia-South America and West Africa routes have surged strongly, driving a 0.7% weekly increase in SCFI - the third consecutive weekly rise. The Far East-South America route saw the most significant increase, with TEU prices soaring to $4,153...
Japans exports will grow in March 2024, and the trade deficit will continue
April 22, 2024
根據(jù)日本財(cái)務(wù)省 4 月 17 日公布的數(shù)據(jù)，日本 3 月份出口額同比增長(zhǎng) 7.3%，這已是其出口連續(xù)第 4 個(gè)月實(shí)現(xiàn)增長(zhǎng)。出口增長(zhǎng)主要得益于汽車和半導(dǎo)體的強(qiáng)勁出貨，日元走軟和中國需求回升也是推動(dòng)出口增長(zhǎng)的重要因素。 日本在全球供應(yīng)鏈中扮演著重要的角色...
Argentina relaxes import restrictions to promote economic recovery
15 April 2024
As the Argentine government recently announced a series of favourable policies to ease import restrictions and boost the economic recovery, the South American great country’s importers and global exporters had new opportunities.On April 8, the Argentine Ministry of Economy lifted the strict “red channel” customs inspection obligation for a number of products, which mainly include textiles, shoes and electrical appliances.
The economy of Chinas light industry has rebounded, with remarkable performance growth in 2023
12 April 2024
Data released by the China Light Industry Federation recently showed that the domestic light industry economy continued to show a good trend of recovery, thanks to the macro policy implemented by the government and the steady growth of the consumer market. In the two months before 2023, the size of light industry enterprises achieved significant performance growth, which is reflected not only in the increase in operating income and profits, but also in the increase in output and market performance.
A new chapter in China-Australia trade relations: wine tariffs removed
April 9, 2024
In today’s increasingly close global trade relations, the new progress in China-Australia trade relations has been noticed. Recently, with China’s Ministry of Commerce announcing the end of the anti-dumping and anti-subsidy duties on imports related to Australian wines from March 29, the trade barriers between China and Australia have been significantly reduced, this news has undoubtedly brought a wind to the Australian wine industry.
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