Analysis of pulp price trends post-holiday, supply-demand imbalances, inventory pressures, and market outlook. Covers softwood/hardwood divergence, import costs, and downstream impacts.

On March 1, Jiangnan Shipbuilding started construction of the world's first 150000 cubic meter MARK III thin-film very large ethane transport ship (ULEC) with the largest capacity for Eastern Pacific Shipping Company. The ship uses the Mark III membrane enclosure system of French GTT company, which is ready to load ethane, ethylene, LPG and LNG, realizing the maximum capacity and high flexibility of cargo loading. This project marks a major breakthrough for Jiangnan Shipbuilding in the field of super large liquefied gas carriers.

On February 27, the "Weifang-Cambodia" grocery route was officially opened in the Weifang Port area of Shandong Port Bohai Bay Port. This route is the only Cambodian grocery route in northern China. The first route carries 75 engineering vehicles and complete sets of equipment to Sihanoukville Port, setting a record for single-ship bulk transportation of complete vehicles in Bohai Bay Port. Relying on the location advantages of Sihanouk Port, the route has built a new logistics channel connecting Shandong and Southeast Asian markets, and improved transportation efficiency and service capabilities through innovative stacking schemes and multi-sectoral collaborative safeguards.

On March 1, the first LNG ship "Orchid" in the Year of the Horse successfully berthed at Zhangzhou LNG receiving terminal under the escort of Fujian Zhangzhou Maritime Safety Administration and Xiamen Navigation Mark Office. The ship unloaded about 68700 tons of natural gas, providing important clean energy guarantee for people's livelihood and industrial production. Through the whole chain guarantee mechanism, the maritime department uses electronic cruise and intelligent supervision to ensure the safe and efficient operation of ships, demonstrating China's security capability in the waterway transportation of key energy materials.

Analysis of global pulp market trends: firm offshore prices, ample supply, and modest demand recovery. Focus on China's high inventory, slow post-holiday rebound, and outlook for 'Golden March, Silver April' season.

Analysis of tightening global cotton supply, rising prices, and China's strong market performance amid production cuts, policy shifts, and recovering demand in the textile industry.

January 2026 China cotton report: domestic cotton prices extend rally amid improving market confidence. Analysis of market trends and price drivers.

The Shanghai Municipal Commission of Transportation and the Bureau of Finance jointly issued the "Implementation Rules for the Management of Innovative Funds for Promoting Modern Shipping Service Industry in Shanghai", which aims to support the innovative application of shipping technology, breakthroughs in high-end shipping services, participation in international shipping affairs and research on major topics through special funds to promote The construction of Shanghai International Shipping Center will enhance its international influence and resource allocation capabilities.

According to data from the General Administration of Customs, the import and export volume of Sino-German trade in goods reached 1.51 trillion billion yuan in 2025, an increase of 5.2 percent over the same period last year, 1.4 percentage points higher than the overall growth rate of China's foreign trade. Germany maintains China's position as the largest trading partner in Europe, and China returns to Germany's largest trading partner. Mechanical and electrical products are the main force of bilateral trade, accounting for more than 70% of the trade scale. During the same period, German Chancellor Mertz led an economic and trade delegation to visit China, demonstrating a strong will to deepen bilateral economic and trade relations.

On February 25, the Hainan International Ship Registration Administration efficiently completed the registration procedures for the newly built oil tanker "Yu Neng Kunpeng", marking a historic breakthrough of 8 million deadweight tons in the total capacity of ships registered in "China Yangpu Port. The ship is independently designed and built by China, with advanced technology and green environmental protection characteristics. Through the full-process closed-loop service of early deployment and online and offline combination, the Administration has realized the "immediate naturalization" of ships ". This move completed the 2026 target for the construction of Yangpu International Shipping Hub ahead of schedule, demonstrating the efficient level and strong development momentum of shipping services at Hainan Free Trade Port.

Recently, IBI founder and CEO Qian Xiaojun attended the Fengtai Two Sessions' special program "Dialogue with Leaders" and the 2026 Fengtai Conference on High-Quality Development of Private Economy. He discussed the implementation of the regional "15th Five-Year Plan" and the innovative development of the private economy, systematically conveying the practical paths and responsibilities of enterprises in deepening industrial digitization and assisting regional upgrades. As a guest on the Fengtai Two Sessions' "Dialogue with Leaders," Qian Xiaojun, representing key enterprises, engaged in dialogue with guests such as Lu Yingbo, Director of the Fengtai District Development and Reform Commission. He stated that IBI, during the "14th Five-Year Plan"...

Ye Niuping meets with IBI CEO Qian Xiaojun On January 20, Mayor Ye Niuping met with Qian Xiaojun, founder and CEO of Beijing IBI Video Information Technology Co., Ltd., and his delegation. Both parties expressed their intention to leverage Xi'an's advantages in abundant scientific and educational resources, a complete industrial system, and strong innovation capabilities. They aim to actively utilize IBI's excellent operational model and rich platform resources in industrial e-commerce, digital supply chains, and industrial big data to deepen data empowerment, strengthen industrial collaboration, and promote the deep integration of technological innovation and industrial innovation. They will continue to enhance the development of the digital economy, industrial digital transformation, and cross-border commodity transactions.

To thoroughly implement the national "Belt and Road" initiative and actively respond to the call for coordinated development of cross-border industrial and supply chains, the FDD platform under IBI, with industrial internet as its core link, continues to expand its global business layout and deepen international agricultural and industrial ecological cooperation. Recently, a delegation led by IBI Vice President and FDD CEO Yin Haifeng, FDD Singapore E-commerce Co., Ltd. General Manager Wang Qing, and FDD Cross-border Business Department Director Zhang Yi visited Sri Lanka for a multi-day business visit. The delegation engaged with local government departments, key institutions, and leading enterprises, focusing on agricultural modernization and cross-border supply chain construction.

On January 15, the delegation led by Shi Zhongjun, the Secretary-General of the China-ASEAN Center, visited IBI and engaged in discussions with Liu Zhai, IBI board member and Senior Vice President, among others. Shao Zhaojun, IBI Vice President and TDD Senior Vice President, accompanied them throughout the visit. Both parties engaged in in-depth discussions on topics such as the strategic layout of the Guangxi and ASEAN markets, B2B platform development, and the advancement of regional headquarters construction, jointly exploring new paths for digitally upgrading economic and trade cooperation between China and ASEAN countries. The visiting delegation also toured the digital economy exhibition hall, gaining insights into IBI's current operational model of the Duoduo platform, cross-border operational strategies for industrial belts, and the application and practice strategies of the IBI Cloud.