The high-level strategic dialogue between China and the United States held in May 2024 triggered a violent shock in the global financial market, and the chain reaction it produced is deeply affecting the international trade environment. As a company deeply engaged in the field of cross-border trade, DINSEN has always maintained a professional and responsible attitude. The latest market dynamics and our response measures are hereby announced as follows:
The US dollar exchange rate has risen strongly. The US dollar index broke through the 107 mark, creating the largest weekly increase in 20 years
The RMB central parity rate against the US dollar depreciated by 1.8% in a single week, and the forward NDF market showed that depreciation expectations continued to increase.The hawkish stance of the Federal Reserve and the geopolitical risk aversion demand have formed a double driving force. Analysis of gold price changes, COMEX gold futures fell below the key support level of $1,950/ounce. Actual profit The positive rate weakened the gold’s value-preserving properties, and the SPDR Gold ETF’s holdings dropped sharply by 3.2%. The technical side showed a head and shoulders top pattern, and the medium-term downward channel was established
The international shipping system was under pressure：In Europe, shipping company Maersk rose nearly 12% to become the highest gainer of the day. After the news came out, the share prices of other European logistics companies also rose. Shipping and container transport company Hapag-Lloyd rose more than 10%. The Shanghai Export Container Freight Index (SCFI) fell 5.7% this week. The drought in the Panama Canal caused a 22% increase in transit fees, and the utilization rate of the Asia-Europe route fell to 68%。There is no doubt that DINSEN’s supply chain management business has also been affected！For the latest quotes on sea, land, RoRo, LCL and FCL, please consult our staff.
Based on the above market environment changes, in order to ensure the rights and interests of both parties, the following arrangements are made for the quotation execution standards:
▶ Supply Chain Management Price Protection Window
Deadline: 24:00, May 18, 2025 (GMT+8)
Applicable conditions: Must be met at the same time
✓ Formal contract signing and stamping
✓ Bank payment slip issuance
✓ Production schedule confirmation and return
Special reminder:
Due to the large exchange rate changes, if the original quotation can be confirmed this week (i.e. before May 18), it needs to be signed and stamped and the payment receipt is provided as the basis. The company maintains the price unchanged for the sake of reputation, and the price of unconfirmed orders needs to be adjusted.
DINSEN always regards commercial reputation as the lifeline. This special price protection window period is set up to practice “a promise is worth a thousand gold”. Seize opportunities in this challenging market environment and achieve win-win cooperation.
Post time: May-13-2025
