China

China

26 Dec 2014
China, Serbia and Hungary have signed a memorandum of understanding to build a new 230-mile rail link between Belgrade and Budapest with construction work expected to start by the middle of next year.
Japan continued to be the top volume and value market for U.S. beef in November.
14 Jan 2014
U.S. red meat exports were “solid” in November as beef sales set a new value record and pork exports posted their strongest month year-to-date...
China’s Market Share of U.S. Imports by Value. Source: U.S. Census Bureau, CEIC, Barclays Research
14 Jan 2014
China’s export competitiveness may be stagnating or eroding in key low-end commodities such as footwear, toys and furniture, but in consumer appliances and electronics, which require more technology in manufacturing, China is increasing its market share, according to a Jan. 7 report by Barclays out of Hong Kong.
13 Jan 2014
The major risks to Asian economic and trade growth this year lie in Europe and the U.S., according to one leading Asia based analyst.
Shanghai Containerized Freight Index, U.S. West Coast, week ending Jan. 10, 2014. Source: Shanghai Shipping Exchange
10 Jan 2014
Spot container rates from Asia to the U.S. East and West coasts measured by the Shanghai Containerized Freight Index increased in the week ending Jan. 10, the second straight week of climbing rates and the third in the past four weeks.
09 Jan 2014
Shipping lines could find the intra-Asia trades an unhappy hunting ground in 2014 after a similarly tough 2013. But the long-term outlook remains positive.
08 Jan 2014
China is reportedly allowing more U.S. dried distiller grains into the country after rejecting roughly 661 short tons of corn-based DDGS and 2,205 short tones of regular corn, both containing an unapproved genetically-modified strain.
07 Jan 2014
The P3 Network is likely set for smooth regulatory sailing in Europe and the U.S., but it’s unclear what Chinese regulators have in mind for the alliance involving the three largest global container lines.
GMO lettered on ear of corn
02 Jan 2014
China isn’t expected to approve a genetically modified strain found in corn and corn-based dried distillers grains with solubles until late spring, forcing some U.S. exporters to seek new markets or hold off on shipments, an agriculture analyst said today.
Ocean carrier rate revision roundup
31 Dec 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in January and February.
Cornfield with storm looming
27 Dec 2013
U.S. corn exporters are bracing for a potential slowdown in shipments to their top foreign customer after Chinese authorities reportedly rejected imports of corn and corn-based dried distillers grains with solubles, citing the presence of an unapproved genetically modified strain.