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
根據日本財務省 4 月 17 日公布的數據,日本 3 月份出口額同比增長 7.3%,這已是其出口連續第 4 個月實現增長。出口增長主要得益于汽車和半導體的強勁出貨,日元走軟和中國需求回升也是推動出口增長的重要因素。 日本在全球供應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.
Red Sea shipping crisis drives growth in air cargo demand
8 April 2024
In the context of blocked Red Sea shipping, the global shipping industry faces huge challenges, while the air cargo sector has unexpectedly met an increase in business volume. According to the Wall Street Journal, retailers and manufacturers are increasingly relying on air cargo to transport goods in order to avoid delays and uncertainty in shipping.
Baltimore Port opens temporary alternate shipping lane after closure
3 April 2024
近日,美國馬里蘭州巴爾的摩"弗朗西斯·斯科特·基"大橋發生坍塌事故,導致巴爾的摩港陷入關閉狀態,港口海上交通受阻。為了盡快恢復正常的海上交通,美國官方宣布,海岸警衛隊正在大橋附近為商業船只開辟一條臨時備用航道。 巴爾的摩港是美國東海岸最...
Global shipping industry faces rising shipping costs and additional charges
2 April 2024
Recently, the global shipping industry has faced an uptick of shipping charges and additional charges again. Several major shipping companies, including Hapag-Lloyd, Mediterranean Shipping Company (MSC), Delta Shipping (CMA CGM), South Korean Shipping (HMM) and Walmart Shipping, have announced the upgrades of GRI (Integral Rate Rate Rate) and FAK (Free Shipping) from April 1 to May 1 this year.