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Clothing is the most popular holiday shopping category in Canada

Unlike last year, consumers are likely to spend more this year as the pandemic has eased and people are returning to pre-pandemic holiday traditions, including parties and gift-giving. After a survey of 2,500 consumers, RCC expects Canadians to spend an average of $792 on holidays this year, compared with $693 last year. Based on past experience, consumers actually spent much more than they planned, so actual spending could exceed…

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The shipping price has gone up to 35! Seller tears: can not afford

After the National Day holiday, shipping prices quickly ended the short slide, began a strong rebound. According to the latest feedback from a number of sellers and freight forwarders, the current price of Meisen has risen to more than 30 yuan /kg, the highest quoted at 35 yuan /kg, exceeding the level before the end of September price drop, hit a new high, the sellers who witnessed the history…

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India’s manufacturing recovery has been hampered by a severe power shortage crisis that has left northern states without electricity for 14 hours a day

After the second wave of COVID-19, India’s economy has gradually recovered and its power demand has increased sharply. The wind of energy crisis is also blowing towards India. Soaring coal prices have caused a coal rush in an economy that relies on coal for 70 percent of its electricity. Some power plants have run out of coal, leaving the country short of electricity. According to data provided by The…

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Demand for Russian autumn and winter clothing is surging, with consumers spending more than 20,000 rubles

In September 2021, the number of clothes and shoes purchased online by consumers increased by 77 percent compared with the same period last year. At the same time, online sales increased by 93 percent, with the average value of each order reaching 1,745 rubles. The number of buyers and the number of online stores increased by 66% and 13%, respectively, compared with the same period last year. Women are…

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80,000 containers backlog! Port congestion, goods may be delayed until the Spring Festival shelves

Matson shipping’s price hike and Amazon’s storage capacity limit have exacerbated the already dire logistics problems, which have not been alleviated. It is reported that the third largest container port in the United States, the port of Savannah cargo backlog is serious, there are 80,000 containers backlog at the port, more than half before. This undoubtedly aggravates the difficulty of replenishment for sellers in the peak season. Not to…

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Lower shipping prices between China and the United States, The export of home appliances should seize the opportunity

Shipping rates between China and the US have fallen since the end of September. The latest Global-Baltic Container Freight Index (FBX) shows that the Asia-West America freight index has fallen to $17,377 per FEU from over $20,000 per FEU in early September. After freight rate appears to be adjusted, businessmen have to seize the time to ship. Some operators of Yiwu International Trade City said that only 30% of…

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German media lauds’ astonishing growth ‘in China’s exports

On October 13, German media hailed China’s “astonishing growth” in Exports in September. In dollar terms, China’s exports rose 28.1 per cent in September from a year earlier, surprising industry experts, Germany’s T-Online portal reported, citing the latest figures from China’s General Administration of Customs released on the same day. China’s exports, the world’s second largest economy, have continued to grow both year-on-year and month-on-month: in August, China’s exports…

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“Made in Shenzhen” is popular in the international market, and the export of consumer electronic and electrical products is growing significantly

Shenzhen continued to promote cross-border trade facilitation, with imports and exports increasing by nearly 20% year-on-year in the first half of this year. In the first half of this year, GDP grew by 12.7% year on year. Major indicators such as industry, consumption, investment and imports and exports continued to rebound. In the first year of the 14th Five-year Plan, the Chinese economy has delivered a semi-annual report of…

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Recently, the continuous rise of shipping prices seems to be cooling trend

Shipping prices fell slightly before October 1 this year. According to data released by the Shanghai Shipping Exchange on September 30, China’s export container freight Rate Index (CCFI) was 3,220.55 points, down 0.5% from the previous period; The Shanghai export container freight Index (SCFI) fell 0.6 per cent to 4,614 points. Since this year, high upstream raw material prices and shipping prices have been the pressure on foreign trade…

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Why does China depend on foreign imports for its abundant oil reserves

China’s oil and natural gas reserves have become the world’s largest, according to a recent survey. So what are our oil and gas reserves? According to a survey, Korea has 30 billion barrels of oil reserves. So how much oil is that? Barrels may be confusing to many people, but in terms of mass units, it’s 4 billion tons. China’s oil reserves rank 12th in the world. However, compared…

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In the first half of this year, the trade volume between Hubei and Japan increased by 75%

At present, hubei and Japan are actively exploring third-party market cooperation in the green and low-carbon field. In 2020, the total import and export volume between Hubei and Japan reached 5.39 billion US dollars, making Hubei the second largest single market trading partner. “As a pilot province of carbon emission trading and the location of the national carbon emission registration system, Hubei welcomes the great benefit of promoting the…

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China exported 70 million tons of crude steel this year

Since this year, China’s steel exports momentum is relatively strong. General Administration of Customs statistics show that the national steel exports in the first half of the year increased 30.2% year on year, the realization of the fall to rise. After entering the third quarter, although the relevant authorities adjusted export tariffs, but the national steel exports continue to speed up, including July steel exports up 35.6% year on…

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The Impact of Curtailed Production on China’s Economy

China current round of large-scale power rationing and production shutdowns will have an impact on the economy to a large extent depending on its duration. Caixin reporters combed through public information and found that most regions did not announce a clear time limit for electricity and production. Provinces such as Jiangsu and Zhejiang are tentatively set to the end of September, while Yunnan is susceptible to yellow phosphorous, aluminum,…

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Does power rationing have an impact on the home appliance industry

Recently, news about power cuts in many places across the country dominated the screen, and individual home appliance brands even used this as an excuse to raise prices for their products. Distributors who were a little dizzy by the price jump of home appliances are at a loss at this time, worrying that the price of home appliances will really increase again because of this. “Home appliance people” will…

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Preparations for customs clearance of the first China-Europe train in Shanghai have been completed

Shanghai Customs announced on the 24th that after more than a month of intensive preparations, it has completed preparations for the first China-Europe train in Shanghai. The “Shanghai”, a new member of the China-Europe Railway Express, launched from Shanghai, is expected to officially open on the 28th, with the destination of Hamburg, Germany. According to Chai Yan, deputy chief of customs at Shanghai Customs, the first train of the…

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Energy consumption dual control power limit and shutdown A number of raw materials may rise in price

After the completion of the “dual control” target in the first half of this year, various localities have accelerated the pace to promote the “dual control” of energy consumption. Industry enterprises have restricted production and stopped production. On September 23, some listed companies replied to investors’ questions about the impact of power cuts, shutdowns and production shutdowns. The process of carbon neutrality has shown pain in the pull of…

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Inspection Standard of Wire Rod

Wire rod is also called wire, usually refers to a small diameter round steel plate. On the site common diameter 6, 8, 10, 12 mm, in the majority of low carbon steel, generally not used for reinforced concrete structure of the main reinforcement, mostly used for reinforcing steel sleeve, and small diameter for brick structure in the “brick reinforcement”. There are many varieties of wire rod, carbon steel wire…

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