Covid-19 & Vaccine

  • Egypt became the first country in Africa to have vaccine production capacity. On the 9th local time, the Minister of Health and Population of Egypt, Harley, confirmed that the new crown vaccine produced in Egypt in cooperation with China Kexing Company will be available in late June. The vaccine produced in Egypt will first be used to ensure local demand, and the remainder will be exported to other countries in Africa.
  • Zhong Nanshan, China: China’s new crown vaccination rate is currently not high, and it is far from universal immunization.(Until May 8th, over a 300million vaccination is injected in China, China has 1.4billion people)
  • The European Commission has reached a new contract with Pfizer and the German Biotech Company, which will order 1.8 billion doses of the new crown vaccine by 2023. The European Union has provided more than 200 million doses of the covid vaccine to European people. Nearly 160 million Europeans have been vaccinated for the first time, more than 25% of the EU’s total population.
  • Pakistan will enter a national lockdown period during the Eid al-Fitr holiday from May 8th to 15th.

Trade & Shipment

  • CCTV Finance: Among the 21 ocean shipping routes in the world, the freight index of 16 ocean shipping routes has increased, while the freight index of only 5 ocean shipping routes has decreased. Among the major ports along the “Maritime Silk Road”, the freight index of 12 ports increased.
  • China’s foreign trade data in the first four months: exports increased by 38.8%, China and the United States increased by 50%, textiles increased by 41%, and electromechanical increased by 36.3%.
  • Passenger truck tires: Brazil made the second anti-dumping sunset review affirmative final ruling, and continued to impose a five-year anti-dumping duty on Chinese products involved in the case, with a tax amount of US$1.05~2.59/kg.
  • Vietnam’s import and export growth in the first four months reached a record high, reaching 103.9 billion US dollars, a year-on-year increase of 28.3%. There are 19 commodity categories with an export value of more than 1 billion U.S. dollars, accounting for 84.5% of the total export value.
  • Regular international freight routes from Wuhan to Mexico City have been opened.
  • CCTV Finance: Among the 21 ocean shipping routes in the world, the freight index of 16 ocean shipping routes has increased, while the freight index of only 5 ocean shipping routes has decreased. Among the major ports along the “Maritime Silk Road”, the freight index of 12 ports increased.
  • The out-of-control epidemic in India has hit the global shipping industry. Many ports have restricted Indian crew shifts and even refused ships to enter the port. 1.6 million freighter crews and 240,000 Indians.
    ZIM waives sea freight for medical oxygen delivered to India.

Industry

  • China-Europe Fashion Express”-the direct cargo charter flight route from Milan, Italy to Haikou is expected to open in mid-to-late May, which will end Europe’s most important fashion consumer goods production area-the history of no direct flights between the Italian Swiss industrial cluster and Hainan. Lombardy, Italy The products of high-end boutique manufacturers in the region can take as little as 36 hours from the factory collection to the international direct flight to the Hainan duty-free sales counter.
  • Post Office: In 2020, the average daily service of express companies is 450 million person-times, which is equivalent to one-third of people in the country enjoy express service every day; the per capita usage of express mail is about 59 pieces, an increase of 14 pieces year-on-year, a significant increase. It is estimated that the express delivery business volume will exceed 100 billion pieces in 2021, an increase of 20% year-on-year; revenue will exceed one trillion yuan, an increase of 18% year-on-year.
  • Lomon Baili: Starting from May 9th, the sales price of the company’s various types of titanium dioxide (including sulfuric acid method titanium dioxide and chloride method titanium dioxide) will be increased by 1,000 yuan/ton for various domestic customers on the basis of the original price. All types of customers will be raised by USD 150/ton.
  • In the past year, the price of toilet paper in the United States has risen by 15.6%. According to the industry, the price of pulp has risen from US$606 per ton in September last year to US$907 per ton in April this year. Never before in the history of the industry has seen such a substantial increase. Approximately 70% of the pulp used by US tissue manufacturers is imported from Brazil, and approximately 30% is imported from Canada.

Company

  • Elon Musk: China is the world’s largest automobile consumer market, and import tariffs will make car prices “very high”. These are the two most important reasons for the decision to build the first super factory outside the United States in China. In addition, the cars produced by the Shanghai Super Factory are of high quality.
  • GAC Group: In April, it produced 193,000 vehicles, a year-on-year increase of 8.0%; sold a total of 187,000 vehicles, a year-on-year increase of 12.5%. From January to April, a total of 672,000 vehicles were produced, a year-on-year increase of 51.4%; a total of 684,000 vehicles were sold, a year-on-year increase of 44.7%.
  • SpaceX plans to send four civilians to space next time for a three-day trip around the earth. The date is set for September 15.

World

  • Britain and India will sign a £1 billion investment agreement.
  • South Korea’s online shopping sales increased by 26.4% to 15.8908 trillion won (approximately 91.4 billion yuan). In the first quarter of this year, cross-border e-commerce sales in South Korea decreased by 23% year-on-year to 1.1782 trillion won.