Latest News for: Commodity imports


China's Heilongjiang sees foreign trade in goods rise 23.5 pct in first 9 months 23 Oct 2021
Imports of key commodities in the province such as natural gas, timber and soybeans all registered robust growth. In particular, natural gas imports surged by 168 percent to reach 7.5 billion cubic meters during the period.

Excavating the role of Africans in the creation of the modern world

Mail Guardian South Africa 23 Oct 2021
There were new crops in great quantities, like coffee and cocoa, a bit later tea, together with sugar, which is the most important economic product of this entire era ... Cotton became, in a shockingly brief period of time, the world’s most important commodity, and the only commodity that other countries were basically desperate to buy from the US.

Wheat import and food security

Dawn 22 Oct 2021
AS the pandemic slows down, global markets are showing a massive rise in agricultural and mineral prices — with severe implications for commodity-importing countries, including Pakistan, that have significant trade and current account deficits ... It makes imports costlier and life more miserable for lower and lower-middle-income households.

Rising energy prices pose inflation risks: World Bank

Anadolu Agency 22 Oct 2021
... will continue, the World Bank said in its report titled Commodity Markets Outlook. Urbanization and Commodity Demand ... "High commodity prices, if sustained, could slow growth in energy importing countries and exacerbate food insecurity in low-income countries," the report noted.

ADM unveils plans to sell ethanol facility

Food Business News 22 Oct 2021
Amit Bhandari, chairman and chief executive officer of BioUrja, said the acquisition of the plant was an important step for the energy and agricultural commodity trader and supplier ... Juan Luciano, CEO of ADM, said the sale of the Peoria facility was an important element of the strategic review of its dry mill ethanol assets.

Turkey’s Fuel Stations Have to Update Pumps To Double-Digit Gas Price

Oil Price 22 Oct 2021
Turkey relies on imports for much of its energy demand. The recent price rallies of energy commodities have sent ...

Rupee hits new bottom; free fall feared to persist

The News International 22 Oct 2021
“Outflows in the form of imports exceed inflows from exports and remittances,” said Samiullah Tariq, the head of research at Pak-Kuwait Investment Company. The rupee has been facing a continual slide from the surging current account deficit as a result of higher imports ... Rupee may find some support as imports may eventually slow down on the back of.

Canada considers what to do with millions of unused COVID-19 vaccine doses

Canoe 22 Oct 2021
OTTAWA — Canada must decide what to do with millions of unused COVID-19 vaccine doses now that officials have confirmed they won’t be needed to vaccinate children. Story continues below ... Try refreshing your browser, or ... Dr ... “Vaccines are a valuable commodity and extremely important to Canada, but also the world,” Tam said at a briefing Friday ... .

Rupee up slightly as oil prices fall overnight; gilts steady

The Times of India 22 Oct 2021
NEW DELHI ... On Friday, the domestic currency opened at 74.8100 per US dollar as against 74.8600 per dollar on Thursday ... Given that India is the world’s third largest importer and consumer of crude oil, the hardening in price of the commodity has raised concerns of higher domestic inflation and a worsening trade deficit ... .

Xinhua Silk Road: Sixth Maritime Silk Road Port International Cooperation Forum held in Ningbo, E. ...

The Eastern Herald 22 Oct 2021
Under the backdrop of routine and targeted COVID-19 epidemic response in China, Zhejiang Province mapped out a 5-year development blueprint for Ningbo-Zhoushan Port and is striving to craft the Ningbo-Zhoushan Port into an important global logistics hub, bulk commodity storage ...

How to build an investor’s wine cellar

Moneyweek 22 Oct 2021
Of course that doesn't mean wine investment is without risk – it's important to get to grips with the history of the market, where it is now and where it's predicted to go. Being a commodity, it is also subject to fluctuations based on the state of the industry and trends ... With that in mind, it’s important to do your research.

Rolake Akinkugbe-Filani, scaling businesses across Africa

Business Day Online 22 Oct 2021
This exposure showed me just how important but challenging the work of government is ... I think the experience really helped me build a professional network in the Nigerian market, the opportunity to head the energy sector of such an important financial institution in a country where the main export commodity was and is still oil, was incredible.

Pakistan, IMF inch towards striking staff-level agreement

The News International 21 Oct 2021
"It is important to note that the surge in import bill is due to a combination of few one-off imports, rising global commodities and energy prices ... "Moreover, the sudden surge in import bill is the function of abnormal surge in commodity prices ... This will further reduce pressure on import bill.

The CFTC just gave $200 million to a whistleblower in its biggest-ever award to a ...

Business Insider 21 Oct 2021
Spencer Platt/Getty Images The Commodity Futures Trading Commission awarded $200 million to a single whistleblower.The CFTC said the award represented the biggest payment ever to a single whistleblower."The whistleblower's information led the CFTC to important, direct evidence of wrongdoing," the regulator said.

CAD exceeds annual target in 1QFY22

Dawn 21 Oct 2021
Meanwhile, the Ministry of Finance in a press statement stressed that the the surge in import bill was due to combination of few one-off imports, rising global commodities and energy prices ... Moreover, the sudden surge in import bill is function of abnormal surge in commodity prices ... This will further reduce pressure on import bill.”.