News

1. Germany’s commodity exports decreased by 0.9% month on month in July
According to the latest data released by the German Federal Bureau of Statistics on September 4th local time, after adjusting for workdays and seasons, the export value of German goods in July was 130.4 billion euros, a decrease of 0.9% month on month; The import volume was 114.5 billion euros, an increase of 1.4% month on month. Compared to July 2022, Germany’s exports and imports of goods in July decreased by 1.0% and 10.2% respectively year-on-year.

2. Brazil’s sugar exports hit a new high in August
Brazil exported 3.8185 million tons of sugar in August, the highest level in previous years and a significant increase of 25.7% compared to the same period last year. Brazil exported a total of 13.3183 million tons of sugar from April to August during the 2023/24 squeezing season, an increase of 19.11% year-on-year.

3. The area of forest fires in Canada this year has reached 163000 square kilometers
According to data released by the Canadian Fire Department on September 3rd Beijing time, the area of forest fires in Canada this year has reached 163000 square kilometers, and there are 1087 burning forest fires throughout Canada, of which more than 700 are in a state of loss of control.

4. The Japanese government plans to add 20 billion yen to support fishery enterprises
According to reports from Kyodo News Agency and Japan Broadcasting Association (NHK), the Japanese government plans to add approximately 20 billion yen (approximately 993 million yuan) in funding to the existing aid fund. At present, the Japanese government has established a fund of 80 billion yen, of which 30 billion yen is used for image damage countermeasures and 50 billion yen is used for sustained support for fisheries.

5. 187000 new jobs added in the United States in August, with the unemployment rate rising to 3.8%
The US Department of Labor released data on September 1st, stating that 187000 new jobs were created in the non agricultural sector in August, with an unemployment rate of 3.8%, an increase of 0.3 percentage points compared to the previous month.

6. Panama Canal Queue Free Auction Prices Soaring
Recently, auction prices for queue free transactions during Panama Canal transit have skyrocketed, with a shipowner bidding $2.4 million. The Panama Canal Authority’s auction of spot transit allows non booked shipowners to skip queues, but due to the daily transit limit of 32 times for the waterway, bids have recently skyrocketed.

7. The export value of Korean lip makeup products increased by 63.5% year-on-year in the first seven months
On September 4th, the South Korean Customs Agency stated that the export value of Korean lip makeup products increased by 63.5% year-on-year in the first seven months of this year, reaching a new record high of 198 million US dollars.

8. Macau will ban the import of non degradable plastic food cups and plates from next year
According to the website of the Macao Special Administrative Region Government on September 4th, the Macao Special Administrative Region Government has introduced plastic reduction measures in sequence. Following the introduction of control measures for disposable foam tableware, non degradable disposable plastic catering straws, beverage mixing rods, knives, forks, and spoons, the Macao Special Administrative Region Government, in accordance with the provisions of Article 5, Paragraph 1 (5) of Law No. 7/2003, as amended by Law No. 3/2016, has issued the Chief Executive’s Order No. 146/2023, The import of non degradable disposable plastic food dishes, cups, and disposable foam food trays is prohibited. The relevant Chief Executive’s instructions will take effect from January 1, 2024.

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