Asian exports

Asian Exports to the US Continue Year-Long Contraction

Credit: Greek City TImes

The latest data from the Japan Maritime Center (JMC) reveals a challenging year for Asian exports to the United States, as declining trends persist, with notable drops in August and over the January-August period. These developments shed light on the complex dynamics affecting global trade, driven by factors such as inventory levels and consumer demand. The container-newssource.

  • Asian exports to the US saw a 13.9% drop in August, marking a year of consecutive...

https://mfame.guru/asian-exports-to-the-us-continue-year-long-contraction/

Port Houston aims for more Asia imports amid congestion

Port Houston is positioning itself as a viable option for handling more containerized imports from Asia, thanks to congestion woes for importers on the West and East coasts.

Austin, Texas-based cooler and drink ware manufacturer Yeti (NYSE: YETI) is testing Port Houston as an alternative to the Port of Los Angeles and Long Beach or Port of New York/New Jersey for importing its shipments from Asia, according to Paul Carbone, Yeti’s CFO. 

“We’re seeing some elongated wait times coming through the...

https://s29755.pcdn.co/news/port-houston-aims-for-more-asia-imports-amid-congestion

US LNG Futures Mark Weekly Gain With The Slip Of Qatar-Asian Prices

Oil prices fell for a second day on Friday, retreating further from recent highs, as Texas energy companies began preparations to restart oil and gas fields shuttered by freezing weather and power outages, says an article published in MENAFN.

Crude futures session

Brent crude futures ended the session down $1.02, or 1.6 percent, at $62.91 a barrel, while US West Texas Intermediate (WTI) crude fell $1.28, or 2.1 percent, to settle at $59.24. For the week, Brent gained about 0.5 percent while WTI...

https://mfame.guru/us-lng-futures-mark-weekly-gain-with-the-slip-of-qatar-asian-prices/

Commentary: Intra-Asia trade waving economic distress flag

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

A recent “surge” in containers from China has created a plethora of bullish headlines signaling a possible turnaround. Well, don’t pop the champagne yet. The flow of trade within a critical supply chain trade route will tell you to put that bottle of bubbly back on ice.

A line of drayage tractors wait to be unloaded at portside.
(Photo credit: Jim...

https://www.freightwaves.com/news/commentary:-intra-asia-trade-waving-economic-distress-flag

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