XINDE MARINE NEWS
China Shipping bulletins on April 17,2020 xinde marine news 2020-04-17 16:43


1.China's gross domestic product stood at 20.65 trillion yuan in the first quarter of 2020 amid COVID-19 impact, down 6.8 percent year on year.
 
2.It's a good opportunity for China to top up its strategic crude reserve as its reliance on imported crude has been increasing from year to year.
 
3.OOCL together with its Ocean Alliance partners, has made changes in their transpacific service, to take effect late April or early May.
 
4.Soybean crushers in southern China have begun to receive beans again from South America, easing a supply shortage in the world’s top market.
 
5.China's Commerce Ministry says the nation's imports and exports improved in March, without elaborating.

6.OPEC released its much anticipated April monthly report and braces For Oil Market’s “Historic Shock”.

7.Northeast China city of Suifenhe near the China-Russia border has stepped up its checks on means of freight transportation.

8.Iron ore futures closed lower on Thursday in daytime trading at the Dalian Commodity Exchange (DCE).

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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