Covid-19 and Vaccine

  • Health Commission: As of June 10, China’s new crown vaccine has received 845 million doses, covering 622 million people, ranking first in the world in terms of doses and the number of people covered.

Industry

  • China Automobile Association: In May, the installed capacity of power batteries in China was 9.8GWh, up 178.2% year-on-year and 16.2% month-on-month. Among them, ternary batteries installed a total of 5.2GWh, a year-on-year increase of 95.3%, and a month-on-month increase of 1.0%; a total of 4.5GWh of lithium iron phosphate batteries were installed, a year-on-year increase of 458.6% and a month-on-month increase of 40.9%.

Trade & Shipment

  • The biggest increase in container prices is the U.S.-Canadian route and the European route, especially on some U.S. routes. Compared with before the epidemic, the price has doubled by 10 times. At present, not only boxes are in short supply, but cargo space is also in short supply. In Shanghai, the shipping space must be booked at least one week in advance, and the freight rate is different every day.
  • Bloomberg: Japanese aluminum buyers have agreed to pay a premium of US$185 per ton above the London benchmark price in the next quarter, the highest in six years. Japan is the largest aluminum importer in Asia. The industry expects that the increase in procurement costs may be passed on to users such as local Japanese automakers in a few months.

World

  • Blue Origin: As of June 10, local time, bids for tickets for the New Shepard spacecraft have reached 4 million U.S. dollars. One of the six seats of the New Shepard spacecraft is currently being auctioned. The spacecraft is expected to be launched on July 20, and the entire journey takes 11 minutes. This will be the first space tourism flight of Blue Origin.
  • Currently, the Tokyo Olympic and Paralympic Games have sold 42% of the total.