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• Excess capacity! Weak demand for European and American goods 2023-08-28

  Since last year, global central banks have entered a cycle of interest rate hikes, and high interest rates have caused a rapid reversal of the economy, leading to a downturn in the container shipping industry, which had a strong demand during the epidemic. Not only have flights been cancelled, but multiple ships have also been stranded in ports because they need to spend more time gathering goods and wait for better returns. According to CNBC, this summer has been quite painful for routes from Asia to Europe and even other regions, and hopes for the third quarter of the traditional peak season are gradually fading. Data shows that 13 voyages have been cancelled or delayed since July, and it will be difficult to alleviate them in the coming months. At the same time, the demand of major economies in Europe and America is weak, and the volume of goods is not improving for a long time. Taking the recent July US cargo volume data as an example, according to the data, the total import volume of US sea freight decreased by 12% year-on-year, a decrease of 10% compared to 2021, and a decrease of 1% compared to the same period in 2019 in normal years. The degree of impact varies in different regions. The East Asian region is the main source of imports to the United States, with a significant decrease of 15% year-on-year in goods volume. This is mainly because China holds the largest proportion among East Asian countries, while China's sea freight volume is decreasing. Even compared to 2019, the volume of goods in East Asia has decreased by 9%. The second ranked Southeast Asian region has been affected by the US destocking, with a year-on-year decrease of 4%, but the decline is far below the overall market level. The difference is that compared to the same period in 2019, it increased by 31%, once again proving that Southeast Asia has become the largest beneficiary of the US market in th

• Sea freight continue to decline? 2023-06-24

  Due to disappointing progress in destocking in the United States and Europe, shipping analysts are pessimistic about the outlook for liner shipping. In fact, MSI's June Horizon container ship report predicts that unless demand "rebounds enough to offset the upcoming large-scale capacity investment," the industry will face "challenges" in the second half of the year. The agency warned: "In addition, the Global macro environment is still far from improving, and monetary policy continues to tighten significantly, which we expect will lead to recession in Europe and the United States." The company added that it is expected that shipping costs will only slightly increase by the end of the third quarter, with a risk bias towards a downward trend. Due to the Dragon Boat Festival holiday, the latest Shanghai export container freight index (SCFI) was also released on the 21st ahead of schedule. There was a strong wait-and-see atmosphere in the market. SCFI container freight rates fell three times in a row, and the freight rates from the Far East to West America and from the Far East to East America declined less than the previous week. The decline of the US line has converged to 2%, while the decline of the European line has narrowed to around 1%. It is worth noting that the freight rates of major routes in Europe and America have fallen below the important integer level, with the US West Line losing $1200 per 40 foot container and the European Line losing $800 per 20 foot container.

• Ranking of National Port Throughput from January to April 2023-06-02

  On May 30th, the Ministry of Transport released national port cargo and container throughput data for January April 2023. From January to April 2023, the total cargo throughput of ports in China reached 5.278 billion tons, a year-on-year increase of 7.6%, including 1.607 billion tons of foreign trade cargo throughput, a year-on-year increase of 8.1%; The container throughput reached 95.43 million TEUs, a year-on-year increase of 4.8%. According to data released by the General Administration of Customs, the total import and export value of China's goods trade in April this year was 3.43 trillion yuan, a year-on-year increase of 8.9%. Among them, exports reached 2.02 trillion yuan, a year-on-year increase of 16.8%; Import reached 1.41 trillion yuan, a year-on-year decrease of 0.8%. However, contrary to the booming foreign trade export data, the manufacturing Purchasing Managers'Index (PMI) recorded 49.2 in April, falling below the boom and bust line; In April, the Xinhua Pan Asian Shipping China Domestic Container Freight Comprehensive Index fell both year-on-year and month on month. Against the backdrop of cold and hot trade, Chinese ports still delivered a good "transcript" in April. However, behind the surface prosperity, various ports also noticed changes in the market and sounded the "alarm bell" to face challenges.

• The sea freight market has experienced another storm 2023-04-21

  The sea freight market has experienced another storm, with freight rates rising twice a month. At a critical moment in the countdown of the new year's long contract on the US route, shipping companies are planning to raise spot freight rates for the second time to increase bargaining chips and strive for a higher long contract price. Like other major shipping companies, Evergreen, Yangming, and Wanhai are optimistic about the rebound in demand in the second half of the year and have announced that they will comprehensively raise freight rates again on May 1st. However, the customer's acceptance will determine whether a higher freight increase will be achieved. Evergreen and Yangming have recently issued another notice to their customers, stating that starting from May 1st, they will charge an additional GRI (Comprehensive Rate Surcharge) fee for the Far East North America route. It is expected that 20 foot containers will increase by $900 and 40 foot containers will increase by $1000, equivalent to a 60% increase in current freight rates. picture Major container ships around the world are still implementing reduction and deceleration strategies. As global cargo volume begins to recover, major shipping companies have announced that they will start charging GRI surcharges on April 15th (originally planned to increase the freight rate by $1000, but ultimately only by $600). EVA and Yangming have recently issued another notice to logistics practitioners and customers, and will charge GRI again starting from May 1st. In addition, logistics practitioners point out that global maritime industry insiders generally believe that freight rates should return to a reasonable level. Currently, the Far East North America route, which is in full swing of negotiations, has seen situations where no one is willing to sign contracts that are losing money. Long term customers hope that shipping companies are will

• How is the economy this year as the United States cuts orders by 40% 2023-02-23

  There are many reasons for the decline of trade orders. One is the fierce international competition, the second is the global economic downturn, and the third is the promotion of certain forces. In this year, the trade orders exported by the United States to us have dropped by 40% compared with last year. At the same time, several countries that have trade with us have also begun to reduce their orders to us. For a long time, China and the United States have maintained close economic and trade relations with each other in terms of manufacturing, especially in terms of foreign trade. The trade orders exported by the United States to China account for a large proportion of China's foreign trade, but in recent years, due to various reasons, the United States intends to reduce its trade orders with China. In the history of Sino-US trade, this year's trade volume is the lowest, and it has a great impact on our economy. In such an environment, many large foreign trade enterprises are facing huge financial pressure, and many enterprises are trying to reduce costs. If China wants to continue to maintain the status of foreign trade, it cannot adopt the old way of reducing costs. What we need to do now is to transform the industry, because only in this way can we improve our manufacturing capacity. With technology and technology, we don't have to worry about foreign orders.

• Global port container vacancy 2023-02-16

  "The latest data of Container xChange, the global container trading platform, shows that in the sixth week of 2023 (February 5-11), the 40ft container CAx (container availability index) of Shanghai Port It reached 0.64, which has been above 0.6 for 11 consecutive weeks. CAx index can quantify the container availability of major ports in the world. When the value of CAx is greater than 0.5, it indicates that the container equipment is surplus, and when it is lower than 0.5, it indicates that the equipment is insufficient. In the period when one box was hard to find, the value of Shanghai Port was below 0.1 for a long time. " Container xChange: Chicago Port: 0.85 Singapore Port: 0.72 Hamburg Port: 0.82 Antwerp Port: 0.79 Durban Port: 0.83 In 2020-2022, international shipping was tight, and containers were in short supply. Shipping companies and even cargo owners bought containers in large quantities. The reason for the accumulation of containers now is the decline of exports and the excessive increase of containers in previous years. By 2023, the logistics capacity of foreign ports has recovered, and the empty containers that had been piled up in the storage yard have been shipped back to China in large quantities. Now the container factories may face a temporary shutdown. For this reason, many container factories are unwilling to expand their production lines when the container order

• The RMB exchange rate against the US dollar fell below the 7.2 threshold for the first time since February 2008 2022-09-28

  The exchange rate of onshore and offshore RMB against the US dollar continued to decline significantly. According to the data of China Foreign Exchange Trading Center, on September 28, the central parity rate of RMB against the U.S. dollar was 7.1107, down 385 points, a new low since June 2, 2020. Since this year, the central parity rate of the RMB against the US dollar has fallen 11.53%. After the middle price came out, the offshore RMB exchange rate against the U.S. dollar, which more reflected the expectations of international investors, immediately fell below 7.2, then further fell below 7.21 and 7.22, and fell more than 400 points within the day. As of press release, it was as low as 7.2279. Since the beginning of this year, the RMB has fallen 13.4% against the US dollar in the offshore market. The RMB exchange rate against the US dollar is also weak in the onshore market. At 9:30 on September 28, the spot exchange rate of the RMB against the US dollar opened at 7.1800, and then fell below the 7.20 threshold, more than 400 basis points lower than the day before. Wind data showed that this was the first time that the RMB fell below this threshold since February 2008.

• Analysis of the plastic market: the crude oil fell and the market continued to decline 2022-08-22

  PP powder: the market price of PP powder fell this week. In terms of international oil prices, affected by the weak outlook for fuel demand, the risk assets under pressure from the prospect of the Federal Reserve's aggressive interest rate increase, and the market's concern that the economic recession will dampen the oil market demand, the international oil prices fluctuated and fell this week. Pet: the PET bottle chip market fluctuated slightly this week, the polyester double raw materials rebounded slightly, and the cost side support was acceptable. Among them, the PTA price was 5835 yuan / ton, down 255 yuan / ton from 6090 yuan / ton at the end of last week, and the ethylene glycol price was 4015 yuan / ton, down 375 yuan / ton from 4390 yuan / ton at the end of last week. PE: the domestic PE market is weak this week. The crude oil price showed an obvious downward trend. After the opening of the futures market, it fell sharply, while the petrochemical price fell more and less. From the market price, as of the end of this week, compared with the end of last week, LLDPE fell by 150-250 yuan / ton, PP grain: this week's PP market is weak. In terms of international oil price, affected by the weak prospect of fuel demand, the risk assets under the pressure of the prospect of aggressive interest rate increase by the Federal Reserve, and the market's fear that the economic recession will hurt the oil market demand, the international oil price fluctuated and fell this week, and the increase in oil price since the war between Russia and Ukraine was completely wiped out. The futures market is weak, the ex factory price of petrochemicals is partially lowered, the offers of traders are weak, the market wait-and-see mood remains, the downstream just needs to dominate, and the transaction is flat. PP Products:

• Effective stimulation of the vitality of foreign trade market subjects 2022-08-09

  On August 7, the General Administration of Customs released data showing that in the first seven months of this year, the total import and export value of China's goods trade was 23.6 trillion yuan, a year-on-year increase of 10.4%. Among them, the export was 13.37 trillion yuan, a year-on-year increase of 14.7%; Imports reached 10.23 trillion yuan, up 5.3% year-on-year. In the first seven months of this year, China's foreign trade grew at a faster pace, with both quantity and quality rising, mainly showing the following characteristics-- The import and export of general trade increased and its proportion increased. In the first seven months, China's general trade imports and exports reached 15.17 trillion yuan, an increase of 14.5%, accounting for 64.3% of China's total foreign trade, an increase of 2.3 percentage points over the same period last year. China's imports and exports through bonded logistics reached 2.87 trillion yuan, an increase of 9.3%. Among them, exports were 1.08 trillion yuan, an increase of 15.6%; Imports were 1.79 trillion yuan, an increase of 5.9%. From the single month data, in July, China's total import and export value was 3.81 trillion yuan, an increase of 16.6%. Among them, exports were 2.25 trillion yuan, an increase of 23.9%; Imports were 1.56 trillion yuan, an increase of 7.4%; The trade surplus was 682.69 billion yuan, an increase of 90.9%. From the regional perspective, the foreign trade of the Yangtze River Delta region continued to recover rapidly. In the first seven months, the import and export of three provinces and one city in the Yangtze River Delta increased by 11.7% year-on-year, 2.5 percentage points faster than that in the first half of the year; In July, the year-on-year growth rate was 25.7%, and the contribution rate to the growth of national foreign trade exceeded 50%. From the perspective of major trading partners, in the first seven months, A

• 50% off!Shipping prices of European and American routes plummeted! 2022-07-29

  The stability of the international situation is particularly important for the development of the foreign trade industry. During the epidemic, shipping prices also rose with the tide, and foreign traders suffered. If you are determined to reduce profits, you should also ship large goods to Europe and the United States. Of course, shipping companies are also crying bitterness, because their orders are also decreasing, and they have to lay off staff to reduce expenses. During the epidemic period, the foreign trade industry was relatively conservative. Nowadays, the sharp decline in shipping prices on European and American routes is also good news, because China has the largest number of people engaged in foreign trade in the world. They need low-cost shipping very much, and large goods usually do not go by air. And during the epidemic, most foreign trade companies will choose to go by sea, because the increase in air transport prices is more exaggerated, which is not in line with the return on investment. The price reduction of shipping is very good for foreign traders, because they can deliver more goods at the same cost. And more sea routes may be opened, and there will be more choices for foreign traders. Such a variety can be called the "spring" of foreign trade people. However, we should not be overly optimistic. During the epidemic period, China exported more goods, which was almost dominated by one country. But after the epidemic improved, the world began to open its doors to business, and there were more competitors. The cake gets bigger and more people share it.

• Shanghai's trade import and export continued to stabilize and rebound 2022-07-19

  Shanghai's foreign trade stood the test of the epidemic in the first half of this year. Although the import and export fell sharply and deeply in April, with the acceleration of the resumption of work and production in Shanghai, the industrial chain supply chain tends to be repaired, the social operation gradually returns to normal, and the import and export continue to stabilize and rebound. In the first half of the year, Shanghai's foreign trade showed the following highlights: First, the two major market players, foreign capital and private enterprises, remain energetic. Since the outbreak of this round of epidemic, Shanghai has successively issued a number of white lists of key foreign trade enterprises, fully supporting foreign trade leading enterprises, important supporting service enterprises, as well as "specialized, refined, special, new" and other small and medium-sized enterprises to resume import and export business, while mobilizing all forces to actively help foreign trade enterprises solve epidemic prevention, employment, logistics, capital and other problems. Second, the advantages of open platforms such as the comprehensive bonded zone have been further highlighted. The Shanghai opening-up platform gives full play to the functions of efficiently allocating domestic and foreign resources and connecting domestic and foreign markets smoothly, realizing the superposition of advantages of industrial agglomeration and convenient ports, and has played a significant role in resisting the huge impact of the epidemic. Third, the advanced manufacturing industry led the city's export recovery. Shanghai has gathered a large number of advanced manufacturing industries and technological subjects, forming a considerable industrial cluster, and high-tech products play an important role in the city's exports. Fourth, the import an

• Development trend of China blood collection Lancet 2022-06-30

  In recent years, the development of peripheral blood collection instruments, insulin pen matching needles and other injection and puncture instruments has reflected the development trend of product design safety, portability, convenience and simplification, and slight pain in puncture and infusion. Peripheral blood collection instruments and insulin pen matching needles are disposable injection and puncture consumables, which are mainly used for medical staff and patients with diabetes. From a market perspective, they are characterized by large consumption, high degree of marketization and fierce competition; From the perspective of users, it has a high demand for the stability, safety and convenience of the product. A. Convenience Production enterprises with independent R & D strength, through the core technology accumulated in product design and other aspects, continue to realize the portable, convenient and simplified design of products, which is conducive to reducing product costs, improving product quality, facilitating daily carrying and transportation, reducing operation steps, and facilitating the use of doctors and patients. B. Security Due to sharp knife edges and needle tips, injection puncture instruments often face medical accidents such as accidental injury and cross infection caused by improper use and operation errors. Injection puncture instruments with safety self destruction devices can better solve the above problems, and effectively prevent the reuse of disposable consumables. With the continuous promotion and improvement of the global economic level and the process of medical standardization, safe devices such as the matching needle of safe insulin pen will have a broader market space. C. Mildly painful In the process of use, injection puncture instruments need to penetrate human tissues to achieve their clinical use. The sensory nerve endings of human body are widely

• China's Current Industry of Peripheral Blood Lancet 2022-06-20

  Peripheral blood collection, also known as skin puncture blood collection, is usually performed at specific parts such as fingers and heels to collect capillary blood for examination. During peripheral blood collection, the puncture instruments used to puncture the skin to obtain peripheral blood samples are collectively referred to as peripheral blood collection instruments, including peripheral blood collection needles, heel blood collection devices and blood collection pens used with blood collection needles. The most widely used lancet including: Twist type/stainless steel lancet/safety press active type etc According to the estimates of marketsandmarkets, at present, the market scale of the global peripheral blood collection device industry is about 1billion US dollars, and the number is about 50billion person times; Among them, peripheral blood collection devices used in the field of blood glucose detection account for about 75%, while other application fields mainly include clinical tests such as hemoglobin, blood routine, neonatal disease screening, etc. In the domestic market, the market scale of terminal blood collection devices in China is about 10% of that in the world. With the increase of the number of patients with diabetes and the improvement of the diagnostic rate, the frequency of blood glucose monitoring and the standardization of blood sampling have increased, which will continue to increase the demand for peripheral blood collection devices. According to the data, China is the largest country in the world with diabetes, reaching 130million in 2020, accounting for about 10% of China's total population. The prevalence of adult diabetes is as high as 11

• Devaluation of multinational currencies 2022-06-06

  Recently, the talk of "Asian currency war" has suddenly "quietly prevailed" in the domestic financial circle, which refers to the recent general weakening of the domestic currencies of major Asian economies: For example, the exchange rate of the yen against the US dollar "returned to the lowest level in 20 years", The exchange rate of the Korean won against the US dollar once entered a "free fall" depreciation track, The Indian Rupee also fell to an all-time low,Our RMB is also under considerable depreciation pressure. Yen On May 23, the data released by the Bank of Japan showed that the real effective exchange rate of the yen fell to 60.9. According to the estimation of the Bank of Japan, this is the new low in the past 51 years. Over the past three months, the yen has been the weakest among the currencies of the group of 10 (including 11 countries including Belgium, the Netherlands, Canada, Sweden, France, Switzerland, Germany, the United Kingdom, Italy, the United States and Japan). Since March this year, the yen has depreciated by 11% against the US dollar. In fact, the yen has been in a long depreciation cycle in the past decade. Today, the dollar is 128 yen, compared with 77 yen a decade ago, the yen has depreciated by nearly 50%. South Korean won The Korean won has fallen 7.7% against the US dollar this year, making it one of the worst performing currencies in the Asian market. In April, the exchange rate of the Korean won fell by 3.5%. On May 12, the exchange rate of the Korean won fell by 1% to close at 1288.50 won against the US dollar, the lowest closing level since July 2009. At that time, South Korea was in the throes of the global financial crisis. The depreciation of the Korean won will lead to an increase in import prices, which will further worsen inflation. The Bank of Korea said that the import price index in March was 148.80, the highest

• Paper, which can be seen everywhere in life, is ushering in a wave of "rising price tide" 2022-04-21

  Recently, paper enterprises have announced price increases, involving cultural paper, cardboard, household paper and other types. Why do many types of paper collectively raise prices? "Wood pulp is the price rise of downstream products. The biggest driving factor is that the price of upstream wood pulp continues to be high." Yin Ting, an analyst at Zhuo Chuang information, told Zhongxin finance and economics that although energy price is an influencing factor, according to the recent monitoring, the impact of energy price increase on the market is not particularly large, and the cost increase is mainly concentrated in slurry. "The Chinese market is highly dependent on the import of pulp, and the import dependence of wood pulp is more than 60%. In particular, coniferous pulp is basically imported." Yin Ting said that the maintenance and other dynamics of some foreign pulp mills will affect the supply and transmit to China, which will lead to the rise of pulp prices. How will the paper price follow? The price increase letters from major paper enterprises came like snowflakes, which also made people worry that the subsequent paper prices will go higher and higher. In fact, since the end of last year, the price of pulp has been rising, and now it is still at a high level. Our best-selling Hygienic Products, such as Diapers, Sanitary Napkin and Under Pad, also face some challenges in quotation because the main material contains wood pulp. Of course, on the basis of ensuring quality, it has always been our purpose to give the most affordable price to our long-term customers. I hope this wave of rising pulp prices will pass as soon as possible.

• The high level of sea freight dropped 2022-04-12

  Although the cost of fuel has soared, the international sea freight, which was originally high, has dropped significantly in the near future. One of the reasons behind this is that the upgrading of epidemic prevention and control in some parts of China has led to the obstruction of the supply chain, which has changed and adjusted the market supply-demand relationship that was originally "hard to find in one box". At the same time, changes in the international situation have also had an impact on the global consumer market. The actual shipping price of container ships has dropped by an average of about 20% since the Spring Festival. The freight rate from China to the west of the United States has dropped from about 12000 US dollars to 8000 US dollars, more than 30%, and the decline in the European line is even greater. " Zhou Shihao, CEO of China's one-stop international logistics service platform "where to go", pointed out that the main reason for the decline was that the originally tight supply and demand situation of transportation capacity had changed. "There are still so many ships on the market, but the export volume is expected to decline by 30% ~ 40% recently". Prior to this, Zhou Shihao predicted that the shipping price would remain high and volatile in the next two years. The recent emergency obviously changed this trend and triggered the largest decline since the outbreak of the epidemic in 2020. According to the news released by Shanghai Shipping Exchange on April 2, the epidemic has spread in some parts of China recently, but it is generally controllable. China's export market remains stable. This week, China's export container transportation market was generally stable, and the freight rates of many ocean routes fell from a high level. On April 1, the comprehensive freight rate index of Shanghai export containers released by Shanghai Shipping Exchange was 4348.71 points, compared with 4434.07 p

• price rise pressure of raw materials 2022-03-22

  For textile enterprises, due to the sharp rise in oil prices caused by the Russian Ukrainian war, the prices of fiber raw materials are rising, and the rise in costs is difficult to be transmitted to end products in the short term. On the one hand, the purchase of raw materials cannot be in arrears, and the payment of finished products cannot be collected in time. Both ends of the enterprise's production and operation are squeezed, which extremely tests the development toughness of the industry. An industry person who has received orders from Europe and the United States for many years also told reporters that now domestic powerful trading companies receive orders, which are basically arranged in two production bases at home and abroad, and large orders are produced abroad as much as possible. "For example, we made orders for French fashion brand Morgan and American Levi's And gap's Denim orders are generally produced in overseas bases such as Bangladesh, Myanmar, Vietnam and Cambodia. These ASEAN countries have relatively low production costs and can enjoy some preferential export tariffs. Only some orders with small batch and relatively complex process are retained in China. In this regard, domestic production and processing has obvious advantages, and the quality can be recognized by buyers. We balance the company's overall foreign trade operation through such arrangements. " He said. Professionals from a well-known textile machinery equipment manufacturing enterprise in Italy said that now the manufacturing industry is generally global manufacturing. As a mechanical equipment manufacturer, the prices of various raw materials such as copper, aluminum and steel required for the production of precision equipment are rising, and the production enterprises are under great cost pressure.

• Impact of local epidemic on foreign trade export 2022-03-17

  China's foreign trade has maintained a double-digit growth in the first two months of this year. According to the data released by the General Administration of Customs on March 7, from January to February this year, China's total import and export value was 6.2 trillion yuan, a year-on-year increase of 13.3%. Among them, the export was 3.47 trillion yuan, an increase of 13.6%; Imports reached 2.73 trillion yuan, an increase of 12.9%. The structure of foreign trade has also been continuously optimized. The data show that the import and export of China's private enterprises have increased rapidly and the proportion has increased. In the first two months, the import and export of private enterprises reached 2.99 trillion yuan, a year-on-year increase of 16.1%, accounting for 48.2% of China's total foreign trade, an increase of 1.1 percentage points over the same period last year. The first financial reporter interviewed a number of foreign trade enterprises and learned that at present, most enterprises can hold orders for production for more than one month, but compared with last year, the demand for orders this year has decreased and the growth rate has slowed down. At the same time, in terms of production, due to the recent sporadic epidemic in many places in the country, the industrial chain and supply chain are also affected in the short term. Since March this year, the frequency of local epidemics caused by imported epidemics has increased significantly, and the scope of the epidemic has been expanding. From March 1 to 14, the cumulative number of infected people reported in the local epidemic has exceeded 15000, affecting 28 provinces. Taking Shenzhen as an example, the city's buses and subways were suspended; A series of prevention and control measures, such as closed management, were implemented in community communities, urban villages and industrial parks in the city from the 14th to t

• Ukrainian Russian conflict subverts the global shipping industry, and the shipping rate may rise by two to three times 2022-03-08

  The war between the Ukrainian and Russian countries could subvert the global shipping industry, which is recovering from the new crown pneumonia epidemic. As the sanctions began to have an impact on trade, the largest shipping container groups Maersk (amkby. US) and Mediterranean Shipping have suspended business reservations to and from Russia. On the one hand, strict cargo inspection has caused great trouble to the cargo shipper. The relevant inspection needs to ensure that the shipper has not violated the sanctions of the EU and the UK. In addition, the company also stopped operation due to the uncertainty of safety in relevant waters. For example, a ship carrying crude oil or liquefied natural gas may be sanctioned a few days after departure, which will cause the goods to stay at sea and the company has to bear the cost. Glenn koepke of fourkites, a supply chain consultancy, said that shipping rates could even double or triple from the current price of $10000 per 40 foot container. On the other hand, with the closure of airspace, the situation will get worse. Air transportation is a key freight alternative to sea transportation. As the EU, Canada and the United States have closed their airspace to Russian Airlines, this will prompt Russia to take retaliatory measures. For a long time, Japan has been playing an important role in the air transportation business from Asia to Europe and the Americas, but some Japanese airlines have completely stopped their freight routes to Europe. At the same time, the sanctions also affected the operation of the Siberian Railway, which is a channel for Chinese goods to Europe through Russia. In addition, according to the International Chamber of shipping, Russian and Ukrainian seafarers account for one seventh of the global shipping workforce. These important staff are not easy to replace, and the flight ban makes it more difficult for relevant personnel to travel to and from the port. I

• European countries and Russia ban each other's flights,Increase in air transport costs 2022-02-28

  On Sunday (February 27), local time, Germany joined the camp after the United Kingdom, the Czech Republic, Poland, Romania, Lithuania, Latvia, Estonia, Bulgaria and Slovenia successively banned Russian aircraft from entering their airspace. German transport minister Volcker wiesin said that Germany has ordered a ban on Russian aircraft from entering the country's airspace. A spokesman for the German Ministry of transport said that restrictive measures were currently being prepared. The flight ban applies to all Russian Airlines, including Aeroflot. KLM also suspended flights to and from Russia. KLM said the decision was made because of the sanctions announced late Friday, which prohibit the delivery of any aircraft parts to Russia, even if they are used by the airline itself. Russia is also unwilling to show weakness in the "no fly" sanctions imposed by many European countries. As of Saturday local time, the Kremlin has banned aircraft from Britain, Bulgaria, Poland and the Czech Republic from entering its airspace. A Russian Airlines flight from Moscow to Budapest made a significant detour over northern Europe and the Baltic Sea on Saturday morning, adding 70 minutes to the journey, according to flighttradar24 tracking data. The restrictions imposed by Moscow have brought operational difficulties to British Airways. Normally, British Airways will use Russian airspace when flying over northern Russia and entering parts of Asia, including China and Japan, but now they have to choose to bypass. Virgin Airlines suspended the cargo route between London and Shanghai, while British Airways confirmed that it would change its route to avoid Russian airspace, which would lead to longer flight time and higher fuel cost. An industry executive said that mutual "no flights" would be "disastrous" for the aviation industry. British Airways CEO Sean Doyle said on Friday that the

• WHO:The world should actively respond to the epidemic 2022-02-17

  More than two years have passed since the outbreak of the epidemic. With the continuous development of the epidemic, mankind has accumulated a lot of experience in dealing with the epidemic. However, since the emergence of the Omicron mutant strain, many countries around the world have ushered in a new wave of epidemic. According to a number of studies at home and abroad, Omicron has various characteristics such as strong infectivity and weak pathogenicity. Therefore, some experts believe that the spread of Omicron may help humans achieve mass immunization at a lower cost. Some foreign experts also believe that COVID-19 is likely to end soon. In March this year, it is very likely that it will become a key node in the development of the epidemic. However, for now, the global epidemic has not yet come to an end. What the world did not expect is that although COVID-19 has not yet completely ended, some countries can hardly wait to announce the victory over the epidemic. This country is Sweden. Recently, Swedish Prime Minister Andersen said that although the epidemic has not officially ended, the pandemic has entered a new stage. The country's health minister Harlan Glenn said that the new crown will not continue to be identified as a disease harmful to the whole society, and the pandemic has officially ended. In fact, since the outbreak of the epidemic, the Swedish government has not taken mandatory blockade measures or ordered enterprises to stop operation. Basically, the epidemic prevention policies issued by the Swedish government are based on the principle of voluntariness. At present, the country has decided to abandon the remaining restrictive measures, which is equivalent to the country believing that the pandemic has ended in the country A pressing matter of the moment is that COVID-19 is still spreading globally. The virus also has the environment of mutation. The more deadly virus will not

• Omicron set off an epidemic tsunami in Europe 2022-01-03

  According to Agence France-Presse, covid-19 January 1st data show that since the beginning of the new crown epidemic, the number of new champions in Europe has exceeded 100 million, accounting for over 1/3 of the total number of infections worldwide. It is reported that in recent months, Europe has once again become the epidemic center and is fighting against the surge of cases caused by the highly transmitted Omicron variant. Agence France Presse's official statistics show that the number of new crown cases in 52 European countries and regions from the Atlantic coast to Azerbaijan and Russia has reached 100074753 in the past two years. There have been more than 4.9 million cases in the past seven days alone. It is reported that the number of new crown cases in France has exceeded 1 million in the past week, which is equivalent to 10% of all confirmed cases in France since the epidemic. The countries with the highest infection rate per 100000 people in the world are all in Europe. (compiled by / Wei Xiaohui)

• The epidemic has slowed down, and foreign trade orders have returned to Southeast Asia? Japanese customers: if you can do it in China, try to do it in China 2021-12-27

  After the COVID-19, the development of the global economy has been greatly affected. China's performance in the epidemic prevention and control is very bright, which makes our economy less affected. According to experts, COVID-19's multiple changes make people pay more attention to investment and pay more attention to the division and layout of the global industrial chain. Previously, when placing orders, buyers from different countries may only consider the price factor and place orders wherever it is cheap. However, after the epidemic, they began to consider the integrity and stability of the supply chain. Previously, due to the adjustment of China's industrial institutions and the impact of human cost factors, many foreign trade began to turn to Southeast Asia, and the "southeast flight" of foreign trade orders even became a trend. Until the advent of COVID-19, the world saw the resilience and competitiveness of China's supply chain, and a large number of foreign trade orders began to return to China. However, with the gradual control of the epidemic and the recovery of production capacity in Southeast Asian countries, will this trend of order return end? It is understood that in October, Vietnam finally lifted its strict epidemic prevention measures, resulting in a significant rebound in local exports, and making global shipping crazy again. According to a freight forwarding company in Yiwu, today's positions in Southeast Asia are very popular. Since November, they have risen from more than 1000 US dollars to 3000-4000 US dollars, up 10 times compared with 300-400 US dollars before the epidemic. However, even so, an Anhui garment import and Export Co., Ltd. said that even if the production capacity of Southeast Asian countries has returned to normal, some orders can be made by these countries, but this does not affect their company's business. Their company's performance has been overfulfilled this year, and new order

• Tide of power rationing in 10 province in China 2021-10-13

  After the Mid Autumn Festival, power rationing and shutdown became a hot topic. Even many listed companies issued announcements and had to stop production. From start-up, stop-up and stop-up to start-up, stop-up and stop for six, and even directly wait for notice. Local power outage and production restriction policies have been issued one after another. Without electricity, the production and operation of many enterprises have been greatly affected. Under normal circumstances, industries with high energy consumption and high pollution are mainly affected, but now even light industrial factories are also limited in power and production. The reasons for power rationing and shutdown are not complex. Two reasons lead to such results. First, the power shortage caused by the rise in coal prices. Second, dual control of energy consumption brought by carbon neutralization. 1. The increase of coal price is too large and the power is tight At present, the proportion of thermal power generation in China's power generation structure is still more than 70%, and thermal power uses coal for power generation. Due to the excessive increase in coal prices, a thermal power plant will now have a net loss of millions every day. The coal price has been high this year, and there is less coal stored in the power plant. The low coal storage in the power plant limited the power generation capacity of the power plant, and the power generation loss of the thermal power plant also undermined its enthusiasm for power generation. This makes the power supply tense. 2. Dual control of energy consumption, carbon neutralization and standard pressure Power shortage is on the one hand. The current power rationing and shutdown sweeping more than a dozen provinces across the country is mainly due to the dual control o