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Page 201 - தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

supply: Asian factories are hit by virus, Europe fights supply squeeze

Synopsis Factories reported that they are being held back by supply constraints and were forced to dip into inventories. Producers raised their goods prices by the most in record. iStock Exports from South Korea, a bellwether for global trade, rose more than expected in June continuing a rally that has officials expecting shipments to reach record highs this year. Asia’s manufacturers are seeing the area’s economic recovery stumble as the pandemic weighs on output and vaccinations lag other regions, increasing their reliance on exports to the rest of the world. At the same time, Europe’s booming economy is battling a supply squeeze that is pushing up prices and running down stockpiles.

China steel market expected to weaken in July amid rising inventories: Platts Analytics

China steel market expected to weaken in July amid rising inventories: Platts Analytics Chinese steel orders, output and prices are all set to soften this month, while inventories will continue to climb due to the seasonally weaker time of year, according to S&P Global Platts Analytics’ China Steel Market Expectations for July. New orders, production and prices have been given a score of two out of five for July, while inventory was awarded a score of four out of five. The scores range from one (lower) to five (higher) to determine the likely market trends in the coming month.

COVID-19: Nigerians suffer food price surges amidst dwindling income

COVID-19: Nigerians suffer food price surges amidst dwindling income
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