Testimonials

RW Freight offer a marvelous service for my imports from Sweden. The cargo always arrives on time and we are always kept up to date.

Sweden Import Shipping
74146

The booking process in place at RW Freight is very simple and works very well. When I needed to book a collection for my freight export to Finland, I simply called up with all the information and they came the very next day to collect. All the staff that I spoke to were always happy to help.

Finland Export Freight
75466

Always receive a fantastic service from RW Freight. They are the best carrier I’ve used.

Freight Forwarding Customer
54925

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

China imports less gold

Tags: ,

Banks in China have been importing less gold over the past month as demand reduced after the festival season. Cheaper prices at home due to a softer yuan also curbed overseas purchases of the precious metal, banking sources and traders said. A significant drop in import volumes by China, which overtook India as the world’s top gold consumer last year, may reduce hurt global prices of the metal. Gold prices fell 3 percent in March as investors shifted money to better-performing equities.

The cost of importing and delivering gold into China is between $2.50 and $3 an ounce, so banks have to take this into account when considering importing. In 2013, China’s gold imports reached a record 1,158.162 tonnes of gold from Hong Kong – the main conduit for gold into the mainland.