[Tree] Plastic and wood plastic composite industries in Bangladesh
Version 0.81 (2024-04-18 03:23:30.563000)
updates: Integration of information about the wood plastic composite industry in Bangladesh
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Version 0.8 (2024-03-19 03:18:47.667000)
updates: Plastic exports from Bangladesh reach record high
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Version 0.79 (2024-03-13 05:18:06.042000)
updates: China's PX net imports expected to decline significantly
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Version 0.78 (2024-03-06 07:22:18.905000)
updates: India's plastic exports surged in December and January
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Version 0.77 (2024-02-25 07:21:05.981000)
updates: India's exports diversify into new markets in Africa, Central Asia, and Latin America
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Version 0.76 (2024-02-20 18:20:25.359000)
updates: Pakistan's regional exports increase by 21.68% in 7 months
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Version 0.75 (2024-02-19 04:18:51.937000)
updates: January exports rise by 3% despite Red Sea crisis, trade deficit narrows marginally
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Version 0.74 (2024-02-19 03:17:08.413000)
updates: Container leasing rates triple along US-China trade route
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Version 0.73 (2024-02-16 07:17:58.727000)
updates: Information about the decline in shipping rates from Asia to the US
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Version 0.72 (2024-02-15 03:54:35.254000)
updates: Surge in shipping costs from South Korea to Europe
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Version 0.71 (2024-02-15 03:16:27.791000)
updates: Shipping rates surge due to Red Sea crisis
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Version 0.7 (2024-02-06 17:17:47.595000)
updates: The Red Sea crisis disrupts global trade and raises concerns over inflation and supply chains
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Version 0.69 (2024-02-04 14:15:32.116000)
updates: India's trade has not been adversely impacted so far, but concerns remain over rising freight costs
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Version 0.68 (2024-02-04 12:13:26.790000)
updates: The German-PH Chamber of Commerce and Industry (GPCCI) and the Italian Chamber of Commerce in the Philippines expect that the rerouting of shipping away from the Red Sea will lead to higher goods prices. GPCCI President Stefan Schmitz stated that logistics prices are already rising as shipping lines increase their rates to avoid the Red Sea due to attacks on cargo ships by Yemeni rebels. He mentioned that the price increases will vary by product and could range from 10 to 14 days additional shipping time, resulting in millions of dollars per journey. The chamber is waiting to see how businesses will react to European plans to send naval vessels to protect shipping. Germany was the 12th largest trading partner of the Philippines in 2022, with total trade amounting to $4.71 billion. The Suez Canal, which accounts for around 12% of global trade or 30% of overall global container traffic, is on the northern end of the Red Sea. The Italian Chamber of Commerce in the Philippines Executive Director Lorens Ziller expects transport costs to double due to the crisis, with container costs potentially reaching $5,000 compared to the previous price of $3,000. He mentioned that this will affect products such as raw materials like coconut oil and microchips that the Philippines exports to Europe. Total trade between Italy and the Philippines amounted to $1.24 billion in 2022, with $832 million being Philippine imports.
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Version 0.67 (2024-02-04 10:14:56.469000)
updates: Integration of the Red Sea conflict and its impact on global supply chains and India's spices exports
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Version 0.66 (2024-01-25 09:05:53.653000)
updates: Impact of Red Sea crisis on agriculture commodities and marine food exports
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Version 0.65 (2024-01-25 09:05:24.075000)
updates: Impact of Red Sea crisis on India's spices export
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Version 0.64 (2024-01-24 18:53:35.990000)
updates: Integration of information about increased shipping costs and supply chain bottlenecks for oil shipments in the Red Sea
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Version 0.63 (2024-01-23 16:00:04.300000)
updates: China's exporters face mounting pressure due to the Red Sea crisis
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Version 0.61 (2024-01-22 03:48:31.609000)
updates: The Red Sea crisis has escalated with Houthi attacks on ships associated with Israel. The United States has responded and there are concerns about stability in the region. The disruptions in shipping have caused a 70% drop in container traffic since November. The oil market is also feeling the effects of the Red Sea crisis. Irish businesses are likely to face problems due to disruptions in shipping in the Red Sea. Ongoing attacks by Yemen's Houthi rebels on vessels crossing the Red Sea are set to have an imminent impact on Cypriot consumers. The shutdown of the Red Sea due to Houthi attacks is affecting global trade and leading to increased freight prices and supply bottlenecks. The disruptions have impacted the European market, with Middle Eastern crude shipments to Europe declining and Angolan crude seeing higher demand from China and India.
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Version 0.6 (2024-01-22 02:46:08.273000)
updates: Red Sea tensions escalate, US airstrikes on Houthis, decline in Suez Canal income, potential impact on global economy and Middle East stability
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Version 0.59 (2024-01-21 09:43:14.307000)
updates: The article provides additional details about the impact of Red Sea shipping disruptions on European oil supplies and the global oil market.
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Version 0.58 (2024-01-21 09:41:51.744000)
updates: New information on the impact of Red Sea conflict on global trade and imminent price hikes for consumers
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Version 0.57 (2024-01-21 09:39:56.239000)
updates: Added information about imminent price hikes for Cypriot consumers
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Version 0.56 (2024-01-21 09:38:23.619000)
updates: Updated information on the impact of Red Sea conflict on global trade and oil market
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Version 0.55 (2024-01-21 09:36:34.210000)
updates: The article provides additional details about the impact of the Red Sea unrest on shipping routes, prices, and container traffic. It highlights the concerns and challenges faced by Irish businesses due to the disruptions.
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Version 0.54 (2024-01-21 09:34:30.354000)
updates: The unrest in the Red Sea is disrupting shipments of produce, risking higher prices and food spoiling. Vessels loaded with foodstuffs are avoiding Houthi attacks by sailing around Africa, a longer and costlier route. Lengthier shipping times risk making perishable foods unsellable. Italian exporters fear kiwi and citrus fruits will spoil, Chinese ginger is getting pricier, and some African coffee cargoes were briefly delayed. Grain is being diverted from the Suez Canal and a livestock carrier bound for the Middle East has changed course. If disruptions worsen, they could stall the slump in food-commodity costs. The shipping issues are also a concern for Europe's exports of products like pork, dairy, and wine, as well as imports of tea, spices, and poultry. Some ship insurers are avoiding covering US and UK merchant ships against war risks in the southern Red Sea. Underwriters are seeking exclusions for vessels with links to the US, UK, and Israel. War risk rates have surged following the US and UK strikes, with cover costing about $1 million for a vessel worth $100 million.
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Version 0.53 (2024-01-21 09:34:05.761000)
updates: The article highlights the impact of Red Sea shipping attacks on China's exporters, including delays, increased costs, and the potential reevaluation of global supply chains. It also mentions the financial strain on companies, the disruption to the Lunar New Year preparations, and the potential delays in goods arriving on Western shelves. The article provides a comprehensive overview of the effects on global shipping, the oil market, Israel's economy, and the European economy.
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Version 0.52 (2024-01-21 09:33:27.661000)
updates: Detailed impact of Houthi attacks on global shipping
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Version 0.51 (2024-01-21 00:43:23.449000)
updates: Impact of Red Sea disruption on Europe's economy
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Version 0.5 (2024-01-20 18:51:11.113000)
updates: The oil market is preparing for a potential week-long interruption in the supply chain due to disruptions in the Red Sea. Shipowners, brokers, and traders have changed routes to avoid the zone that handles about 12% of global seaborne trade. At least six oil tankers have already avoided the southern Red Sea following US-led strikes against Houthi targets in Yemen. Western navies have warned vessels to stay away from the danger zone. The decision to sail to Asia instead of Europe has resulted in a spike in earnings. Danish tanker owner Torm reported an increase in voyages to Asia for transporting refined fuels, pushing earnings on large tankers from $35,000 a day to $60,000 a day. The market structure of Brent, used to price nearly 80% of the world's traded oil, hit its most bullish in two months. Middle Eastern crude headed to Europe has nearly halved in volume. The Red Sea crisis could have consequences for many months. [9bd3644e]
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Version 0.49 (2024-01-20 18:43:53.744000)
updates: Significant impact on Israel's economy and global shipping
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Version 0.48 (2024-01-19 01:44:01.038000)
updates: New report on negligible impact of Houthi attacks on oil prices
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Version 0.46 (2024-01-17 22:17:20.095000)
updates: Insurers refusing coverage for ships in Red Sea
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Version 0.45 (2024-01-17 04:20:30.050000)
updates: The Red Sea chaos has led to a decline in revenue for the Suez Canal in Egypt.
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Version 0.44 (2024-01-17 04:16:13.120000)
updates: Updates on Houthi attacks, impact on shipping flows, economic concerns
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Version 0.43 (2024-01-17 02:23:56.769000)
updates: The article provides additional information about the impact of the Red Sea crisis on Bangladesh's trade costs and highlights the rising freight charges and increased costs for the country. It also mentions the avoidance of the Red Sea by major container shipping companies and the potential disruption to key shipping routes and inflationary bottlenecks. The article reports on the recent missile attack on a Greek-owned bulk carrier in the Red Sea and the potential escalation of tensions in the region. The attacks on LNG shipments are also mentioned. The article emphasizes that the Red Sea crisis is expected to continue until Israel ends its war in Gaza.
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Version 0.42 (2024-01-16 18:19:33.767000)
updates: New information about a missile attack on a cargo ship in the Red Sea
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Version 0.41 (2024-01-16 16:27:27.312000)
updates: New information about another ship being hit in the Red Sea and the potential impact on prices and inflation
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Version 0.4 (2024-01-16 00:20:47.921000)
updates: Updated information on the impact of the Red Sea crisis on global supply chains and inflation concerns
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Version 0.39 (2024-01-15 09:22:40.596000)
updates: Added information about the impact on Israel's economy and the involvement of the US-led coalition
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Version 0.38 (2024-01-14 23:17:46.089000)
updates: Shipping costs rise by 600%, impacting major importers and causing product shortages
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Version 0.37 (2024-01-14 20:20:29.392000)
updates: The Red Sea conflict has caused a 40% increase in freight charges and a shortage of containers, impacting exporters. The crisis has disrupted the global supply chain and may lead to another container shortage worldwide. The conflict has intensified challenges for the government of Bangladesh, with high inflation and concerns about commodity prices. Shipping companies have suspended shipping through the Red Sea, leading to higher freight rates and a shortage of 40-foot containers. Some buyers are considering air freight or shifting orders to China for a shorter lead time.
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Version 0.36 (2024-01-14 00:18:22.270000)
updates: Red Sea turmoil sparks concerns about supply chain disruptions and potential shortages
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Version 0.35 (2024-01-13 16:18:57.410000)
updates: The Red Sea crisis is impacting Bangladesh's RMG sector and global trade, causing container shortages, increased delivery costs, and disruptions in the supply chain. Exporters are losing orders and seeking price adjustments. The crisis is exacerbating rising production costs and impacting companies like Tesla, Tesco, Next, Ikea, and Danone. Market analysts recommend reassessing portfolio allocation strategies.
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Version 0.34 (2024-01-13 01:20:27.233000)
updates: Integration of information about the Red Sea crisis and its impact on the global economy and peace
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Version 0.33 (2024-01-12 09:27:23.238000)
updates: UK economy concerns, modeling energy shock, Tesco, Next, Ikea, Danone delays, Tesla Berlin factory suspension
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Version 0.32 (2024-01-12 03:21:52.272000)
updates: The UK Treasury expresses concerns about the impact of Red Sea attacks on the economy
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Version 0.31 (2024-01-10 19:20:20.949000)
updates: Added information about Houthi attacks on Suez Canal and Egypt's economic crisis
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Version 0.3 (2024-01-09 03:19:25.119000)
updates: Added information about Suez route changes and their impact on shipping costs and supply chain
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Version 0.29 (2024-01-07 06:15:13.641000)
updates: Integration of additional global news developments
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Version 0.28 (2024-01-06 22:19:17.900000)
updates: Integration of new information about the Biden administration's economic advances and engagement with international partners to address global shipping delays
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Version 0.27 (2024-01-06 17:16:11.531000)
updates: Inclusion of information about weather disruptions and container shortage
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Version 0.26 (2024-01-06 16:18:44.756000)
updates: Inclusion of information about the Israel-Hamas war in the Red Sea and its impact on the global economy
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Version 0.25 (2024-01-06 07:17:46.730000)
updates: New information about the impact of the conflict on global maritime trade and the shortage of containers in Asia
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Version 0.24 (2023-12-31 02:05:55.736000)
updates: New information about the impact on New Zealand and retailers
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Version 0.23 (2023-12-30 07:06:26.506000)
updates: In addition to the impact on global trade, the Houthi attacks in the Red Sea are also affecting Indian tea exporters. The disruptions in the Red Sea have resulted in a significant decline in tea exports from India to Europe and the US. Exporters are facing losses due to the decline in exports to Iran and the rise in shipping costs. Container ships are being rerouted around southern Africa to avoid the Suez Canal, leading to increased shipping times and container rates. Importers from the US and European countries may opt to buy tea from Kenya instead of India. As a result, India's tea exports are expected to be down by around 10% this year compared to last year. The Red Sea crisis has completely halted India's exports through the Red Sea-Suez Canal route, causing significant challenges for Indian tea exporters.
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Version 0.22 (2023-12-29 15:04:36.568000)
updates: Integration of new information about Houthi attacks, geopolitical shifts, and impact on Indian tea exporters
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Version 0.21 (2023-12-25 00:01:51.027000)
updates: New information on the global economic crisis caused by Houthi attacks in the Red Sea and the impact on Indian tea exporters
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Version 0.2 (2023-12-24 21:02:03.076000)
updates: Inclusion of new information about Houthi attacks and the formation of a coalition to counter them in the Red Sea
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Version 0.19 (2023-12-24 16:02:40.291000)
updates: Addition of information about the impact on Indian tea exporters
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Version 0.18 (2023-12-24 12:00:32.721000)
updates: UK and US planning covert strategies to combat Houthi attacks in the Red Sea
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Version 0.17 (2023-12-24 03:59:32.017000)
updates: Covert strategies by UK and US to combat Houthi attacks
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Version 0.16 (2023-12-23 19:59:52.499000)
updates: The UK and US plan covert strategies to combat Houthi attacks in the Red Sea
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Version 0.15 (2023-12-23 10:59:46.452000)
updates: US closely monitors Houthi Attacks in the Red Sea, accuses Iran of involvement
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Version 0.14 (2023-12-23 06:59:23.793000)
updates: The White House assures minimal impact on holiday prices and product availability
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Version 0.13 (2023-12-23 04:59:26.287000)
updates: White House assures minimal impact on holiday prices and product availability
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Version 0.12 (2023-12-22 20:59:54.130000)
updates: White House monitoring Red Sea attacks and holiday products
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Version 0.11 (2023-12-22 20:02:09.638000)
updates: The White House's assurance of no significant impact on holiday products
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Version 0.1 (2023-12-22 20:01:23.064000)
updates: White House monitoring Red Sea attacks and holiday products
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Version 0.09 (2023-12-22 19:03:07.755000)
updates: The White House assures no significant impact on holiday products
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Version 0.08 (2023-12-22 19:02:35.172000)
updates: The White House is monitoring the Red Sea attacks and assures no significant impact on holiday products
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Version 0.07 (2023-12-22 05:07:14.456000)
updates: The U.S. is leading a multinational effort to protect commercial ships from being attacked by the Houthis in the Red Sea. A Yemeni Houthi leader warns that any American targeting of their country will be targeted by them.
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Version 0.06 (2023-12-21 21:00:30.678000)
updates: Updated information on Houthi attacks in the Red Sea and their impact on global supply chains and energy prices
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Version 0.05 (2023-12-21 13:02:43.001000)
updates: Disruptions in global supply chains and concerns about price increases
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Version 0.04 (2023-12-21 12:02:11.657000)
updates: Incorporated details about Houthi attacks on shipping in the Red Sea and the formation of a multinational naval task force to protect shipping in the region
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Version 0.03 (2023-12-21 03:01:23.403000)
updates: Integration of information about Houthi attacks on shipping in the Red Sea and the U.S. response
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Version 0.02 (2023-12-20 21:59:13.252000)
updates: Inclusion of information about the impact on the U.S. economy and consumers, the involvement of the U.S. military, and the potential need for businesses to diversify supply chains
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Version 0.01 (2023-12-20 05:00:06.835000)
updates: Updated information on the disruption of global supply chains due to the Israel-Hamas conflict in the Red Sea
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