Panjiva Research

Lindt’s bunny beats COVID-19 disruptions as imports hop higher

April 8, 2020

The spread of coronavirus-linked lockdowns will sadly mean fewer Easter Egg hunts this year. Yet, shipments of chocolates have yet to see a significant downturn. U.S. imports rose by 1.3% year over year in January and February combined, with seaborne imports having only slipped 4.5% lower in M... Read more →

Panjiva Insights: Coronavirus – the global impact, your questions answered

April 8, 2020

Panjiva Research took part in a webinar on April 7 with our colleagues from S&P Global Ratings, LCD Research and 451 Research. This report provides an on-demand link to the event, which outlined the impact of the coronavirus outbreak on the global economy, supply chains, financing and business... Read more →

Panjiva Daily: Matson stays healthy, competitors weaker; tire industry loses grip as COVID-19 drags

April 8, 2020

Container-line Matson has withdrawn its earnings guidance due to the coronavirus outbreak, but nonetheless saw growth in U.S. shipments in Q1. The tire industry is suffering the knock-on effect from COVID-19’s drag on the autos industry. Also: Indian Oil uses exports to deal with COVID-19’s do... Read more →

No-one wins as coronavirus spreads but not all exporters will see a decline

April 8, 2020

The Asian Development Bank forecasts that the coronavirus outbreak will cut Asian export activity by 7.1% year over year in 2020, including an 8.5% dip in exports from China. Not all countries are expected to fall with the Philippines and Vietnam expected to grow by 0.8% and 5.8% respectively.... Read more →

COVID-19 car demand drop drives Aleris to cut production, Norsk Hydro cuts imports

April 8, 2020

The U.S. automotive industry is experiencing a drop in demand linked to the coronavirus outbreak. In turn that’s acting as a drag on demand for aluminum, leading Aleris among others to scale back production. U.S. imports are also in decline, after previously losing competitiveness due to wides... Read more →

Indian Oil uses exports to deal with COVID-19’s domestic demand drop

April 8, 2020

The Indian oil refining industry is tackling a coronavirus-linked drop in domestic demand by accelerating exports according to S&P Global Platts. India represented 4.1% of global refined oil exports in 2018, and saw a 57.4% surge in shipments in 2019 compared to a year earlier. The latter was ... Read more →

Tire industry loses grip as COVID-19 drags, Nokian bucks the U.S. trend

April 8, 2020

The global tire industry is starting to feel the drag from a coronavirus-driven downturn in automotive industry activity. Nokian Tyres has removed its earnings guidance while Pirelli has started a cost cutting program. The global tire industry, led by exports from China with 19.2% of the total... Read more →

Matson stays healthy as coronavirus weakens competitors’ volumes

April 7, 2020

Container-line Matson has withdrawn its earnings guidance for 2020 due to “economic uncertainties regarding the COVID-19 pandemic” but has also flagged that its Q1 earnings were better than expected. Matson’s been unusual in seeing a surge in China-to-U.S. traffic in March. Panjiva’s data show... Read more →

Panjiva Daily: Trade war risks rise; new ways to boost Purell, ventilator supplies

April 7, 2020

The risk of a return to trade hostilities between the U.S. and China may be rising as tariffs continue to weigh on U.S. imports while its exports to China are reversing, not growing. Tariff cuts and Mexican manufacturing may help U.S. healthcare supplies. Also: U.S. trade downturn extends to m... Read more →

Fisher & Paykel leads surge in Mexican ventilator exports to U.S.

April 7, 2020

The surging demand in medical ventilators in the U.S., caused by the coronavirus pandemic, will be met in part by increased exports from Mexico by Hill Rom and Fisher & Paykel among others. Mexican exports of ventilators and similar equipment jumped 36.2% year over year in February after risin... Read more →