The UN Secretary-General's Global Food, Energy and Financial Crisis Response Group (GCRG) issued its third report on Tuesday, warning that soaring energy prices are exacerbating the cost-of-living crisis for hundreds of millions of people as the conf…
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 peacock eel…
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.…
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…
The soaring price of iron ore and the soaring price of steel have severely compressed the profits of China manufacturing industry. The price increase of raw materials has threatened China economic security. China is the world largest producer of stee…
Soaring 514%! Resin, yellow phosphorus, and bisphenol A chemical raw materials have soared! Recently, lithium hexafluorophosphate has continued to sprint to a high level. The current mainstream quotation in the market is 360,000-430,000 yuan/ton, an…
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…
Since the outbreak of the epidemic, the international economy has not been able to emerge from the shadow of the epidemic. In addition to our country has emerged from the epidemic quagmire, many countries are still in the epidemic, and the economy is…