Global textile markets face cotton supply and demand challenges
April 1, 2024
Against the backdrop of a complex and ever-changing global economic situation, the global textile market is facing increasing challenges, particularly with the profound impact of cotton supply-demand dynamics and price fluctuations. According to the latest forecast by the International Cotton Advisory Committee (ICAC), global cotton production for the 2023-2024 season has been revised downward, while the reduction in consumption is relatively smaller, leading to a decrease in ending stocks...
The impact of the Baltimore Bridge collapse on global supply chains
29 March 2024
At 1:27 AM on Tuesday, March 26th, U.S. Eastern Time, a shocking accident occurred in Baltimore, when the container cargo ship Dali crashed into the Francis Scott Key Bridge, causing the bridge to collapse in just a few seconds, which is not only a major transportation hub for Baltimore but also for the entire state of Maryland.
The EU has made major revisions to agricultural policies to ease farmers protests
28 March 2024
近日，歐盟所在地比利時首都布魯塞爾再次迎來農民的拖拉機示威活動，這已是自今年年初以來的第三次此類抗議。約250輛拖拉機占領了歐盟機構附近的街區，場面壯觀。 與此同時，歐盟農業和漁業委員會正在聯盟大樓內就修訂共同農業政策(CAP)的部分內...
Shanghai Pujiang Customs seized unlicensed export control items Hafnium oxide case
March 27, 2024
日前，上海浦江海關查獲一起無證出口管制物項鉿化合物氧化鉿案件，當事企業長沙市啟睿新材料有限公司被處以47.3萬元的罰款。 根據海關通報，該公司分別于2021年12月14日、2022年6月30日、2022年10月9日、2022年10月31日向海關申報出口"氧化鉿粉末"，...
The EU is planning a large-scale customs reform that will affect the tax system for cross-border e-commerce
March 26, 2024
為應對跨境電商給歐盟海關帶來的巨大壓力，歐盟正醞釀自1968年以來最大規模的海關改革。 2月22日，歐盟內部市場委員會通過了關于歐盟海關法改革的立場草案。上海海關法專家朱秋沅表示，這基本上可視為一次全面大修，并將形成多項新機制。 根據...
The United States is considering restrictions on Chinas shipbuilding industry, South Korea may benefit
March 25, 2024
在美國工會的持續施壓下,美國政府近日表態或對中國造船業采取限制措施。分析人士指出,這一舉措雖然直接目標是遏制中國在該領域的發展,但也可能為韓國等競爭對手在全球造船市場贏得更大份額創造機會。 事態源于3月12日,美國五大工會組織向拜登政府...
The South Korean government has promised to support the semiconductor industry and strive for an export target of US1120 billion
22 March 2024
韓國產業通商資源部長官安德根上周四承諾,政府將繼續大力支持半導體產業發展,加快開發高帶寬存儲器和人工智能芯片等領域,力爭實現每年1200億美元的芯片出口目標。 在參觀韓國主要芯片制造商SK海力士位于全羅南道新建廠址時,安德根表示,政府計劃制...
EU plans to impose tariffs on Russian white grains to ease farmers’ dissatisfaction with Ukrainian products
March 21, 2024
According to internal sources, the European Commission is considering imposing import tariffs on grain from Russia and Belarus, attempting to appease some member states and European farmers dissatisfied with the influx of Ukrainian agricultural products. Reports suggest the EC will propose €95 (approximately $103) per ton tariffs on grain from Russia and Belarus, with oilseeds and their derivatives...
South Koreas auto exports decreased in February, and new energy vehicles were hit
March 21, 2024
The latest data released by the Ministry of Industry and Commerce on March 19 revealed the challenges facing the countrys automotive export industry. According to the report, in February this year, South Koreas automotive exports reached $51,6 billion, down from the same rate by 7.8%, showing a declining trend for three consecutive months, reaching the lowest level since January 2023 ($49,8 billion).
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