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Although the current oversupply in the copper market has caused prices to fall, the long-term demand growth is expected to be strong, especially in the fields of electric vehicles and renewable energy. The outlook for copper investment remains optimistic.

In 2023, manufacturing output in the EU fell by 1.2%, but sales output value increased slightly, the main declining areas include chemicals, basic metals, while the automotive industry and mechanical equipment output value increased, showing technological innovation and market diversification potential.

As by EFE on July 20, a new direct maritime trade route between China and Mexico was officially opened. This route from the port of Dalian in northeastern China shortened the sailing time by more than 10 days, greatly improving the trade efficiency between China and Mexico. After the commercial ship Eastern Chinatown left the port, the route officially entered operation on September 19.

Despite the strict control of U.S. exports of semiconductor equipment to China, the proportion of U.S. manufacturers sales to China has not decreased, government subsidy policies promote domestic investment, and the importance of the Chinese market is highlighted.

According to the Ministry of Finance of Vietnam, the Ministry is actively working with relevant departments to apply to the Government and Prime Minister for the extension of the VAT reduction policy until the end of 2024. Specifically, from July 2024 to December 31, a 2% tax reduction policy will be implemented on some goods and services that are subject to 10% VAT. This policy is expected to reduce the national budget revenue by about 24 trillion euros.

In the first five months of 2024, Chinas synthetic rubber imports and exports grew comparatively, and the top three imports were rubber rubber, rubber rubber and rubber rubber, and exports grew similarly, showing strong domestic and foreign market demand.