Global oil tanker freight rates soar Daily income of shippers more than 500 times! Longer distances are reducing ships' available capacity and pushing up freight rates. Shipowners who deliver…
Soaring cooking oil prices could have an impact on the market for the eel sauce ingredients…
Due to the global shortage of automotive chips, in the past year, the price of STL9369, the core chip of the body electronic stability system produced by STMicroelectronics, has skyrocketed from 20 yuan to 2,800 yuan (excluding tax), a year-on-year i…
In March, U.S. inflation hit a 40-year high. According to data released by the U.S. Bureau of Labor Statistics, the consumer price index (CPI) rose 7.9% year-on-year and 0.8% month-on-month. The data also showed that U.S.…
The biggest blow to Europeans in March 2022 will be the soaring energy costs and the doubling of living pressures. For example, some Poles, who have been hit by energy prices, are willing to choose to cut wood, cut wood, and burn cooking smoke for he…
Iron ore prices have been surging since early March, with weekly gains of 21% in the first week of the month. Since November 18, 2021, the price of 62% grade Australian fine ore ($87.2 / ton) fell to the "freezing point" since the second half of 2020…
Globalmarket research organization TrendForce released a report today, pointing outthat due to the impact of supply chain shortages, the global smartphoneproduction in the third quarter of this year increased by only 5.7% to 325million units, which i…
The global economy in the post-epidemic era is recovering upwards, coupled with loose global monetary and fiscal policies, leading to an overall increase in global commodity prices, including steel. Although the prices of raw materials such as iron o…
The cold air-conditioning year of 2021 is about to come to an end. Affected by the increase in raw material prices and energy efficiency levels, the average price of air-conditioning products has increased significantly in the first half of the year.…
In the first half of 2021, the prices of various commodities have soared. The rise in the price of industrial raw materials is bound to be transmitted to the downstream, and the high cost will inevitably bring an increase in business risks to enterpr…