Latest News for: Commodity imports

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Agricultural export performance ‘not as rosy’, opine sector experts

Capital Ethiopia 08 Aug 2022
Experts said that besides that contract farming, which is a very important concept, has become very dangerous and abused by traders who buy commodities against the trading system ... But they said it has affected the export earnings in the past season since the controlling was at a loss that allowed illegal actors to abuse the commodity market.
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Buyers demand price relief as dollar weakens

Dawn 07 Aug 2022
“In the given circumstances, any price relief for the people on imported commodities seems a remote possibility,” the KWGA chairman said while analysing the impact of Rs20 per kg on imported commodities when one dollar had reached Rs240 from Rs195-200 in the interbank market.
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Egypt's BoP records deficit of $7.3B in 9 months

Egypt Today 07 Aug 2022
Egypt's merchandise trade balance deficit also increased by $3 billion as a result of the increase in payments on commodity imports (oil and non-oil) by $14.9 billion compared to the preceding period of the prior fiscal year ... basic commodity prices,” the CBE commented.
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Rising shine to Chinese exports

Hong Kong Standard 07 Aug 2022
China's exports grew 18 percent in July compared with a year ago - the fastest pace this year ... Imports rose 2.3 percent compared with a 1 percent gain in June ... Inbound shipments of commodities, including soybeans, natural gas and copper, declined, while crude imports climbed. Exports have been an important factor in China's growth during the pandemic.
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China’s exports increase, but outlook is uncertain

Taipei Times 07 Aug 2022
After a shaky second quarter, most analysts have expected China’s import momentum to pick up modestly in the latter half of the year, supported by construction-related equipment and commodities as the government ramps up infrastructure spending. However, imports last month were again weaker than expected, suggesting domestic demand remains soft.
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Chinese exports growth gains steam

Gulf Daily News 07 Aug 2022
After a shaky second quarter, most analysts had expected China’s import momentum to pick up modestly in the latter half of the year, supported by construction-related equipment and commodities as the government ramps up infrastructure spending. But imports last month were again weaker than expected, suggesting domestic demand remains soft.
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China’s export sector posts stronger than expected figures for July

The Observer 07 Aug 2022
However, which exports played a part in boosting the figures, weaker imports were also a large factor ... Analysts have expected import momentum to pick up in the second half of the year, supported by construction-related equipment and commodities in the wake of increased infrastructure spending.
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China’s exports gain steam but outlook cloudy as global growth cools

Khaleejtimes 07 Aug 2022
IMPORTS STILL TEPID. After a shaky second quarter, most analysts had expected China’s import momentum to pick up modestly in the latter half of the year, supported by construction-related equipment and commodities as the government ramps up infrastructure spending. But imports last ...
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Good corporate governance and Ghana’s economic development

Joy Online 07 Aug 2022
This, however, was halted by the COVID19 pandemic; the March 2020 lockdown, and a sharp decline in commodity exports with an overall GDP as low as 0.4%. Imports, however, expanded faster than exports in early 2021, while external demand for commodities remained subdued ... We cannot over-emphasise the importance of Good Corporate Governance in Ghana.
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China's exports gain steam but outlook cloudy as global growth cools

Reuters 07 Aug 2022
After a shaky second quarter, most analysts had expected China's import momentum to pick up modestly in the latter half of the year, supported by construction-related equipment and commodities as the government ramps up infrastructure spending. But imports last month were again weaker than expected, suggesting domestic demand remains soft.
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Apart from N41tn Public Debt, FG Owes CBN $47bn, Report Reveals

This Day 07 Aug 2022
Cohen, who is also President of the Paris School of Economics, said the money would be used to “enhance” credit quality by providing guarantees and helping African commodity exporters and importers hedge against price volatility.
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Federally ordered fertilizer cut threatens food security, experts warn

Castanet 07 Aug 2022
Horner said what the province hears most about food is the importance of affordability and food security, with the world wanting the country to produce more agricultural commodities.
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Should investors and markets be preparing for a stagflation?

Gulf News 06 Aug 2022
The governments have been proactive in their response, by earmarking sizable monetary support for low-income citizens and stockpiling key commodities ... Higher domestic fuel prices and a rise in input costs leading to food and other commodities becoming costlier ... importing inflation.
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Finance ministry to come up with plan to replenish foreign currency reserve

Kuensel 06 Aug 2022
….no moratorium on the import of non-essential commodities for now ... As of February, the reserve was able to meet only 7.6 months of essential imports. Expressing concerns about imposing a moratorium on the import of non-essential commodities, the Cabinet stated that the decision had the potential to create market distortion.
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DA conducts goods, livestock cost workshop in Angeles City

Sun Star 06 Aug 2022
... the Updating Cost Structure of Provincial Priority Commodities of Central Luzon last August 3 in Angeles City ... Lapuz revealed how important and timely this workshop is in line with the constant increase in the price of basic commodities in the region.

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