China Trade Import Export/RCEP/OBOR-221107-Abbizi Daily News

Trade India allows limited exports of sugar (including raw, refined and white sugar) from November 1 (2022) to October 31 next year(2023). It is reported that sugar mills located across the country have been granted separate export quotas, with total exports of no more than 6 million tonnes as of May 31, 2023. India had announced on November 4 (2022)that it would extend the sugar export ban until October 31 next year. The restriction does not apply to quota exports of sugar to the EU and US. The China-Africa cross-border e-commerce B2B platform will be launched soon. New [...]

2022-11-07T02:02:10+00:00November 7th, 2022|Categories: Abbizi Daily News - Trade Biz Eco Industry Exp Imp, Blogs|0 Comments

China Trade Import Export/RCEP/OBOR-221106-Abbizi Daily News

China Industry China-Africa Joint Research Center: The local white corn variety tested using Chinese planting management technology has a yield of 2,700 kilograms per acre, which is about 50% higher than the yield of similar corn in the surrounding area. Maize is an important staple food in Kenya, but its production is not self-sufficient. China Securities Journal: Since October 11, the main contracts of rebar and iron ore futures have fallen by about 8% and 11% respectively. China Iron and Steel Association: Since the second quarter, the operation of the steel industry has shown an obvious downward trend. [...]

2022-11-06T04:37:42+00:00November 6th, 2022|Categories: Abbizi Daily News - Trade Biz Eco Industry Exp Imp, Blogs|0 Comments

China Trade Import Export/RCEP/OBOR-221105-Abbizi Daily News

Industry Strategy Analytics: Wi-Fi system shipments will grow at an annual rate of 7.5% from 2022 to 2027 as Wi-Fi gains popularity in smart homes, home entertainment, and other applications. Growing shipments and the transition to newer Wi-Fi standards and higher initial radio chip prices will collectively propel the Wi-Fi chip market to over $20 billion by 2027. Transaction prices of LCD modules for smartphones are falling. The preferential price of large orders from July to September dropped by nearly 20% year-on-year, and the month-on-month decline hit a recent high. Judging from the preferential price of large orders [...]

2022-11-05T04:57:09+00:00November 5th, 2022|Categories: Abbizi Daily News - Trade Biz Eco Industry Exp Imp, Blogs|0 Comments

China Trade Import Export/RCEP/OBOR-221104-Abbizi Daily News

Trade alert Household electric kettle: Argentina makes preliminary anti-dumping ruling. The preliminary ruling sets a minimum FOB price limit (FOB) of US$12.46/piece for the products involved, and imposes the difference as a temporary anti-dumping duty on the products involved whose declared price is lower than the minimum FOB limit price, valid for four months. The MERCOSUR customs code of the product involved is 8516.79.90. Trade The fifth CIIE attracted 145 countries, regions and international organizations. China has added 29 import trade promotion innovation demonstration zones. On November 3, the Ministry of Commerce, the National Development and Reform Commission, [...]

2022-11-04T01:31:12+00:00November 4th, 2022|Categories: Abbizi Daily News - Trade Biz Eco Industry Exp Imp, Blogs|0 Comments

China Trade Import Export/RCEP/OBOR-221103-Abbizi Daily News

Trade Vortexa: Russia overtook Saudi Arabia and Iraq to become India's largest oil supplier in October. Russia supplied India with 946,000 barrels of oil per day in October, the highest for the month and accounted for 22% of India's total crude imports. Meanwhile, Iraq accounted for 20.5% of October's supply and Saudi Arabia 16%. The freight rate on the US-Western route fell below the US$2,000 mark. According to the latest data released by the Shanghai Shipping Exchange, the freight rate of the Shanghai Port to West America route fell below the US$2,000/FEU (40-foot container) mark, gradually returning to [...]

2022-11-03T09:02:56+00:00November 3rd, 2022|Categories: Abbizi Daily News - Trade Biz Eco Industry Exp Imp, Blogs|0 Comments

China Trade Import Export/RCEP/OBOR-221102-Abbizi Daily News

Trade Maersk announced the adjustment of Shanghai to global export service fee. Maersk's official website has released the latest rate announcement. From November 1, 2022, the export service fee from Shanghai to the world will be adjusted. The charging standard for all 20-foot containers is 290 yuan; 40-foot containers are 309 yuan; 45-foot high containers It is 358 RMB. ONE announced its results, with a net profit of $11 billion. Industry A number of brand dealers said that due to factors such as supply chain shortages, rising chip prices, and rising battery raw material prices, all A00-class models [...]

2022-11-03T04:51:39+00:00November 3rd, 2022|Categories: Abbizi Daily News - Trade Biz Eco Industry Exp Imp, Blogs|0 Comments

China Trade Import Export/RCEP/OBOR-221101-Abbizi Daily News

Trade Korea Customs Service: South Korea's passenger vehicle exports in the third quarter increased by 30.1% year-on-year to US$12.63 billion, a record for a single quarter. This is due to the improvement in the supply of automotive chips, coupled with the strong export performance of new energy vehicles. The export value of new energy vehicles increased by 42.3% year-on-year to US$4.047 billion, the highest in a single quarter. 23 Chilean ports were paralyzed by a strike by workers. Recently, in Chile, in South America, about 6,500 workers affiliated with port unions in 23 ports launched a 48-hour general [...]

2022-11-01T03:57:26+00:00November 1st, 2022|Categories: Abbizi Daily News - Trade Biz Eco Industry Exp Imp, Blogs|0 Comments

China Trade Import Export/RCEP/OBOR-221031-Abbizi Daily News

Trade Data show that in September, Zhejiang Tongxiang Puyuan sweater market achieved a transaction volume of 12.3 billion yuan, an increase of 30% over August. From January to September, the transaction volume reached 56.89 billion yuan. China's port cargo throughput achieved positive growth in the third quarter. According to data released by the Ministry of Transport, in the first three quarters, the cargo throughput of ports nationwide was 11.55 billion tons, a year-on-year increase of 0.1%. Among them, the third quarter turned from a year-on-year decrease of 2.9% in the second quarter to an increase of 1.8%. Completed [...]

2022-10-31T05:42:06+00:00October 31st, 2022|Categories: Abbizi Daily News - Trade Biz Eco Industry Exp Imp, Blogs|0 Comments

China Trade Import Export/RCEP/OBOR-221030-Abbizi Daily News

Trade It is reported that the Indian government has extended sugar export restrictions until October 2023. Industry China Cui Dongshu, Secretary General of the Passenger Federation: China's gasoline consumption has fluctuated at a high level since it reached 126.44 million tons in 2018. Gasoline consumption in 2021 is 2-3 percentage points lower than that in 2019 and 2018, and the period from January to August in 2022 is lower than the same period in 2021, reaching 6.4% . According to the development trend of fuel vehicle ownership and the growth trend of new energy sources, domestic gasoline consumption [...]

2022-10-30T04:02:16+00:00October 30th, 2022|Categories: Abbizi Daily News - Trade Biz Eco Industry Exp Imp, Blogs|0 Comments

China Trade Import Export/RCEP/OBOR-221029-Abbizi Daily News

Industry Affected by factors such as shortage of parts and supply chain obstruction, there is a certain lag in the completion of annual sales of car companies. As of the third quarter, BYD has achieved 79% of its annual sales target, while Tesla still has 40% of its sales target unfinished, and 30% of automakers have achieved less than 50% of their annual sales target. The European Commission, the European Parliament and EU member states have reached an agreement to ban the production of new gasoline-powered vehicles from 2035. The agreement requires EU carmakers to achieve zero-emissions targets [...]

2022-10-29T08:27:28+00:00October 29th, 2022|Categories: Abbizi Daily News - Trade Biz Eco Industry Exp Imp, Blogs|0 Comments