Latest News for: Commodity imports

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Mumbai: 48-hour RT-PCR test rule for cargo carriers opposed

The Times of India 14 May 2021
The new rule is likely to hamper import-export trade, supply of vegetables, fruits and other essential commodities as it is contradictory to earlier statements for free movement of cargo.” Transport associations such as BGTA, All India Transporters Welfare Association (AITWA) ...
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Chinese EV makers may be looking at western markets – report

Mining Dot Com 14 May 2021
In CRU’s view, this means that if one more Chinese EV manufacturer is successful in scaling up the production of affordable NEVs that are accepted by the European market, then the global NEV landscape may experience an important transformation. The impact on commodities.
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Maharashtra’s new lockdown norms pose supply chain challenge

Business Line 14 May 2021
“This is impractical and can potentially brake the supply chain of medicines, critical supply for hospital equipment, FMCG, fruits, vegetables, oxygen tankers and concentrators, export import cargo and other essential commodities and manufacturing within the states,” stated Bal ...
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CPEC facilitates Pakistan's pursuit of becoming regional transshipment hub

Xinhua 14 May 2021
Apart from the government's efforts to provide accessibility to the Central Asian countries and Afghanistan to the Pakistani ports, Pakistani private traders also show a great interest in Central Asia to import raw materials and commodities from there at a lower cost as compared to other international markets.
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Why Rising Inflation Will Continue to Boost Lumber, Copper, and Steel Prices

Barrons 13 May 2021
The commodities that help build an economy have rallied, with lumber, copper, and iron ore reaching record prices in recent weeks ... “Clearly, commodities have been on a tear,” says Peter van der Welle, strategist at asset management firm Robeco ... Iron ore is among the most important commodities for the says Kartsonas.
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New Glencore Chief will be in plum position as group rides copper bull

Independent online (SA) 13 May 2021
... year on bullish commodity prices ... “I believe as the commodity industry continues to see an increase in demand, as lockdown restrictions are eased further and increased imports and exports are seen, Glencore will continue to perform and might even outperform the market outlook.”.
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What commodity prices are telling us, plus Sinovac results in Indonesia

The Manila Times 13 May 2021
It is only on what commodity prices and the cost of transporting them are telling us ... How are these goods transported? Air, rail and land are important, but the backbone of international trade for delivery of commodities and finished products across borders is shipping.
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Expo to spur China-CEEC trade

China Daily 13 May 2021
the CEEC exhibition, the international consumer goods exhibition and the permanent exhibition of imported commodities, said Zhu Congjiu, vice-governor of Zhejiang ... "In the coming five years, we will strive to import $20 billion of commodities from Central and Eastern European ...
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CX Daily: China’s Central Bank Seeks to Calm Inflation Jitters

Caixin Online 13 May 2021
China’s central bank sought to calm growing concerns that surging commodity costs will fuel increases in consumer prices, saying that imported inflation is “generally controllable” and factory-gate prices will stabilize after global production and supply recover from the Covid-19 pandemic.
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PLI scheme could help make India a hub for manufacturing lithium-ion batteries

Live Mint 13 May 2021
Hence, lithium as a commodity is tipped to replace crude oil as the most important commodity for economic growth in the coming decade ... Most manufacturers import critical parts of electric vehicles, like lithium-ion cells and electric motors from China in absence of a proper ecosystem for developing such components.
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Group seeks policy review on crops, food importation

Manila Standard Today 13 May 2021
urged the government to rethink the current support structure on crops and other agricultural commodities as well as the import policies on food ... The answer may not be in importation but an improvement on fiscal as well as non-fiscal support to industries in that needing urgent attention,” he said.
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GAIL seen gaining from spot LNG surge, CGDs insulated

Financial Express 13 May 2021
As FE reported earlier, experts pointed that the price surge may reduce natural gas imports as price-sensitive consumers in the power and fertiliser sectors are likely to refrain from using the commodity and switch to alternate fuels and feedstocks ... .
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Philippines to import more rice next year

The Philippine Star 13 May 2021
The Philippines is projected to import more rice next year to meet the rising demand for the commodity, according to the United States Department of Agriculture ... .
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News Analysis: CPEC facilitates Pakistan's pursuit of becoming regional transshipment hub

China.dot.org 13 May 2021
Apart from the government's efforts to provide accessibility to the Central Asian countries and Afghanistan to the Pakistani ports, Pakistani private traders also show a great interest in Central Asia to import raw materials and commodities from there at a lower cost as compared to other international markets.
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Corrupt elements to face music: Farrukh Habib

Urdu Point 13 May 2021
He was talking to the media after offering Eid prayer here at Samanabad ... "The looters have to return the public money so that the government could spend it on welfare of the poor and downtrodden", he added ... He said if other important commodities, including rice, corn and potatoes, could be included, the total subsidy jumped to Rs 11 billion ... ....

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