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Recently, UnionLink Cross-Border Intelligent Transport signed a strategic cooperation agreement with UPS (United Parcel Service). Zhou Jianming, Deputy General Manager of UnionLink Cross-Border Intelligent Transport, and Wu Yushan, Director of Supply Chain Business Development at UPS, represented both parties in completing the signing. UnionLink Cross-Border Intelligent Transport's General Manager Zeng Tianwang, Operations Director Jiang Xianbin, UPS Asia-Pacific Project Customer Sales Director Wei Chao, and Business Development Department Key Account Manager Su Jiannan, along with other representatives from both sides, attended the signing ceremony. The two parties engaged in in-depth discussions on topics such as the construction of cross-border supply chain service systems and empowerment paths for vertical industrial belts, jointly outlining a new blueprint for cross-border logistics cooperation characterized by complementary advantages and industrial synergy.
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The main crude oil futures contract fluctuated during the week this week. As of Friday's close, the SC crude oil main contract closed at 566.3 yuan/barrel, down 0.65% from last Friday's close.
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On January 16, 2024, Zou Xiaoxue, Vice President of Tu Duoduo of Guolian Co., Ltd., Zhang Wei, Automotive Equipment Industry Chain Chain, and Wei Lifeng, Director of Technology Department Three, were at the Duoduo cross-border cloud warehouse located at No. 8 Yuwan Road, Qianwan Free Trade Port Zone, Qingdao. Under the leadership of Zhang Yebin, deputy general manager of the public service platform of China (Qingdao) Cross-border E-commerce Comprehensive Pilot Zone, Gao Yuting, business manager of the Industry Promotion Department of Qingdao Free Trade Zone Management Committee, Liu Ju'an, general manager of Shangang Overseas Supply Chain (Qingdao) Co., Ltd. Witnessed by industry experts, the "Strategic Cooperation Agreement of "Warehouse Network Layout, Thousands of Stores Linkage" was signed with Yang Jin, General Manager of Yi Auto Parts.
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As of the close of Friday on the futures market, the methanol contract has slightly reduced its position today, with 5,161 positions in the weighted methanol contract and 4,966 positions in the 05 main contract. The weighted contract, the intraday trend, fluctuated downward throughout the day, closing down 0.8% overall.
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CBOT soybean futures dipped 0.7% as favorable Midwest weather forecasts led to technical selling, impacting August and November benchmark contracts' prices.
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Soybean and rapeseed meal prices rise driven by futures gains, with market trends impacted by global soybean acreage, weather conditions, and robust Brazilian output.
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Global oilseed crush volumes are projected to hit 580M tonnes by 2025/26, driven by robust soybean demand, with significant growth centered in key producing regions.
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Argentina's 2025/26 soybean harvest reaches 97.2% completion with improved yields but reduced planting area, forecast unchanged at 50 million tonnes.
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May 2026 U.S. soybean crush volume fell 1.45% from April and missed market projections, despite strong biofuel-driven demand and rising crush margins, says NOPA.
