the monthly export volume of VFY is generally above 7kt

From Jan to Jul this year, the monthly export volume of VFY is generally above 7kt, except that of Feb. The cumulative export volume has reached 61kt, an increase of 25% over the same period last year, and it has exceeded the historical annual export of 2020 and that before the COVID-19 outbreak. The customs data shows that VFY export of China in Jul is 8.914kt, an increase of 30% year-on-year and a month-on-month increase of 17.3%. It can be seen that the demand for the traditional peak season in the second half of the year has begun to exert force, and we can expect better performance afterwards. The export of VFY is expected to exceed 100kt this year.