Covid-19

  • Australia extends the closure of international borders for 3 months.Recently, the Australian government announced that it will close the international border for one year and extend the closure for at least 3 months until June 17, continue to implement a self-isolation policy to strictly prevent and control the new crown epidemic.
  • On March 1, Iran suspended round-trip flights with 32 countries and prohibited entry of passengers from the above-mentioned countries (the above-mentioned 32 countries include: United Kingdom, South Africa, Angola, Argentina, Bolivia, Botswana, Brazil, Burundi, Cape Verde, Chile, Colombia, Congo (Kinshasa), Ecuador, Swaziland, French Guinea, Lesotho, Guyana, Malawi, Mauritania, Mozambique, Namibia, Panama, Paraguay, Peru, Rwanda, Seychelles, Suriname, Tanzania, Uruguay, Venezuela, Zambia, Zimbabwe.)
  • Japan will implement stricter anti-epidemic measures for immigrants from 13 countries including Germany, Brazil, the UAE, and Nigeria from March 5 to prevent the spread of the mutant virus.
  • The number of confirmed cases in France reached 3.81 million, and more provinces may face “lockdowns” over the weekend.
  • The death toll from the new crown in Germany exceeds 70,000, and the government spokesperson emphasized that “unblocking” should be cautious.
  • Turkey reported that nearly 10,000 people tested positive for the new coronavirus on March 1.

Industry

  • Non-ferrous Metals Industry Association: Polysilicon prices continued to rise this week. The domestic single crystal compound feed price range is 105,000-114,000 yuan/ton, and the average transaction price is 110,800 yuan/ton, up 4.23% month-on-month; the single crystal dense material price range is 103,000-112,000 yuan/ton, and the average transaction price is 108,000 yuan/ton. Tons, up 4.45% month-on-month, both hitting new highs in recent years.
  • Sensor Tower: In February, in the global App Store and Google Play revenue rankings, 34 Chinese mobile game publishers were shortlisted in the TOP100 global mobile game publisher revenue list, with a total of more than 2.24 billion US dollars in revenue, accounting for the global TOP100 mobile game publisher revenue Of 40.2%. The top three are Tencent, NetEase, and Mihayou.
  • Strategy Analytics: Although the COVID-19 epidemic has caused severe challenges in the market, global smart speaker sales in 2020 exceeded 150 million, setting a record.
  • South Korea’s three major shipping companies received nearly US$5.3 billion in orders in the first two months. In the first two months of this year, the three major shipbuilding companies including Hyundai Heavy Industries Group, Samsung Heavy Industries, and Daewoo Shipbuilding have received a total of US$5.26 billion in new ship orders, accounting for 17.3% of the US$30.4 billion in operating orders this year.
  • Brazil has more than 300 million online shopping transactions in 2020.

Company

  • BYD: In February, the sales of new energy vehicles were 10,355, compared with 2,803 in the same period in 2020; the cumulative sales from January to February were 30,533, a year-on-year increase of 207.30%.
  • Geely and Baidu established a new joint venture company named Jidu Automobile. The new company has a registered capital of 2 billion yuan. Baidu and Geely hold 55% and 45% of the shares in the new company, respectively. The company’s business scope: technical services for new energy vehicles and related parts; manufacturing of auto parts and accessories; sales of new energy vehicles; wholesale of auto parts and accessories, etc.

Import & Export

  • Brazil will gradually reduce bicycle import tariffs. Recently, the Brazilian Chamber of Foreign Trade announced a resolution that will gradually reduce bicycle import tariffs. From March 1st, tariffs will be reduced from 35% to 30%, from July 1st to 25%, and from December 31st to 20%. Daniel Gus, executive chairman of Aliança Bike, said that the total amount of imported bicycles has never exceeded 8% of the national production, and tariffs should be reduced.
  • Tanzania may no longer issue sugar import licenses. The Minister of Agriculture of Tanzania, Adolf Mukenda, recently stated that sugar import licenses will be issued normally in 2021, but from 2022, unless the Tanzania Sugar Industry Committee deems it necessary, the Tanzanian government No more import licenses will be issued.