In 2023, under the macro background of commodity pressure, overseas demand is sluggish, and energy prices continue to decline from high levels. Market demand shows structural changes, with new energy, new materials, new technology and other fields becoming growth points. Since the second half of the year, the market has been very cautious about the expectations of economic stimulus during the “Golden Nine Silver Ten” peak season and after important conferences, and our main export products have seriously declined.The price of Ferro silicon continued to decline in the first halfSEE DETAILS
Experienced explosive high freight rates in 2021, The freight rates for shipping entering the spiral downward channel in 2022, in 2023 The direction of shipping development will face multiple crises and challenges.Due to the pandemic, excess inventory and a decrease in global consumer disposable income have forced most consumers to downgrade their consumption, resulting in a decrease in demand for freight volume. Despite the continuous decline in shipping costs, the prospects for trade growth will be limited for at least the entire year 2023.It is also due to theSEE DETAILS
On the afternoon of Thursday, March 30th 2023 the China Automobile Distribution Association organized a symposium on the “China VIB Switchover ” for some automobile OEMs. The most stringent emission standard in history, China VIB, will be officially implemented on July 1st. Vehicle manufacturers and trade circulation enterprises are facing the problem of destocking. This meeting revealed that there are currently about 2 million non-RDE vehicles in China VIB inventory that have not been digested.Suggestions for participating enterprises:The switch to the production end will be strictly implemented in accordance withSEE DETAILS <span class="m...
We are glad to inform that on 11th Nov 2022, Huicheng International Trade Pte. Ltd. will be relocated to:Room 810 Building B, Luneng International CentreNo 52 Shi Bo Guan Road, Shanghai 200126, ChinaPlease note that our telephone and fax numbers will remain unchanged.