Market Flash

Bloomberg News reported on July 14 that China’s intensive testing of COVID-19 for meat, seafood and other products has increased the clearance time of some major ports to three times in the past, triggering concerns about delays in global trade flows.

• custom
• China
• trade
• COVID-19

On the morning of July 14, the State Council Information Office held a press conference, and Li Kuiwen, spokesperson of the General Administration of Customs and director of the Statistics and Analysis Department

• Foreign Trade
• export

Recently, as 18 employees were diagnosed with the new crown, a production base of Lupin Pharmaceuticals, India, which manufactures generic asthma and diabetes drugs to the United States, was closed.

• pharmaceutical
• India
• factory
• COVID-19

With the continuous strictness of the national environmental protection policy and the increasing awareness of residents' environmental protection, the requirements of the downstream pigment industry for product safety and environmental protection are con

• pigment
• industry
• environmental protection

Transcripts are hard to come by. Through the latest interpretation of the General Administration of Customs, it is not difficult to see that the main factors supporting imports and exports are twofold

• Foreign Trade
• comment
• situation

Lucas Sieuzac, senior perfumer of global perfume company Eurofragrance, predicted that the two types of fragrances, vegetables and fresh spices, will set off a wave in the perfume industry in the next few years

• spice
• perfume
• cosmetics

In recent years, ingredient manufacturers have found that customers and consumers from Europe are increasingly demanding "sustainable" food products. Some food ingredient suppliers report that, driven by increasing consumer awareness

• food&beverage
• sustainable
• industry
• plant based

Consumer experience insight company Revuze used artificial intelligence (AI) platform to analyze more than 630,000 online reviews of the perfume industry, which led to the trend of consumers' preference for perfume in the first half of 2020.

• fragrance
• trend
• market

Stone-like coating, also known as liquid stone, stone-like paint, is generally used to imitate the effect of exterior stone. Its rich stone-like coating has a natural and natural color.

• Painting&Coating
• industry
• China

According to Norway’s Rystad, under the influence of the second wave of outbreaks, the global daily oil demand may be reduced by 2.5 million barrels this year.

• oil
• demand
• COVID-19

Cleaner, stronger performance, sustainable development is one of Teijin's long-term development goals. Teijin's long-term goal has made tremendous progress as Teijin Furuiite

• Teijin
• stretchable fibers
• plant

China Biomedical Industrial Park is constantly developing with the development of advanced innovation development zones. In the early 1990s, the country made a strategic decision to accelerate the development of advanced innovative technology industries.

• Biomedical industry
• Analysis
• statistics

According to data released by the Brazilian National Petroleum Agency (ANP), Brazil’s ethanol production reached a record high in May due to a record sugarcane harvest and a rebound in biodiesel production from the low point of the Covid-19 epidemic.

• Brazil
• Painting&Coating
• Ethanol

Recently, the Medical Insurance Chamber of Commerce has released the "China Dietary Supplements Industry Development Report (2020)".

• China
• Export
• extraction
• Amino Acid
• vitamins

"Water-based flexible ceramic anticorrosive coating" launched by Shenzhen Yilong Technology Co., Ltd., "Chartek2218 epoxy intumescent fire retardant coating" launched by AkzoNobel Protective Coatings (Suzhou) Co., Ltd.

• paint industry
• innovation
• business

The National Bureau of Statistics released the PPI (Industrial Producer Price Index) data for June 2020 on July 9, showing that in June, the national industrial producer price fell 3.0% year-on-year and 0.4% month-on-month

• chemicals
• June
• price
• data

Market research shows that the global waterborne coatings market is worth US$77.4 billion in 2018 and is expected to grow at a compound annual growth rate of 4.9% from 2019 to 2027. By 2027, the value of the market will reach 120.03 billion US dollars

• Waterborne coating
• market

The US "Coatings World" magazine recently announced the 2020 global ranking of paint and coating manufacturers. The top three are still PPG, Xuanwei and Akzo Nobel.

• ranking
• Painting&Coating

China Tianjin Shipping Index (TSI), an indicator of northern China's ocean freight rates for both international and domestic shipping markets, stood at 621.53 points Tuesday, up 0.92 percent compared with the previous working day.

• shipping
• China
• Port

China's bulk commodity market saw slower growth in June amid shrinking sales, industrial data showed.

• China
• business
• bulk
• commodity