The world’s biggest exporter reported another month of dismal trade figures for June. Chinese exports declined 13% year-on-year in the month to $285.3 billion, and imports fell 6.9% to $214.7 billion.
The decline was driven by a massive drop in consumer spending in the U.S. and Europe, caused by inflation, fallout from the Covid-19 pandemic, and…
Correlations between urea and natural gas pricing can exist during periods when supply and demand disruptions are not driving prices.
This is logical given that the urea value chain starts with natural gas. Using statistics from Trade Data Monitor, Baltic country (Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Russia, and Sweden) natural gas import prices…
The world was rocked in 2022 by Russia’s invasion of Ukraine, punishing inflation, and slackening demand in the U.S. and Europe. That’s dampened expectations for exports and imports in 2023. Global trade growth will slow to 1%, according to the World Trade Organization, because of inflation, higher interest rates, weaker demand in the U.S. and…
