Latest News for: Commodity imports

Edit

UCC holds African National Policy Dissemination workshop on key sectors of economy

Joy Online 28 Jun 2022
According to him, Ghana is a commodity-dependent country that exports more goods than it imports, so there is a need to identify additional goods that can be exported, particularly in light of the creation of the African Free Continental Trade Area (AFCTA) ... commodity dependence.
Edit

India continuing to grapple with ‘severe and protracted power crisis’

The Siasat Daily 28 Jun 2022
India is continuing to grapple with a “severe and protracted” power crisis after a sustained surge in global coal prices in late-2021 was further aggravated by Russia’s invasion of Ukraine in February, S&P Global Commodity Insights said ... Commodity Insights said.
Edit

Firms are driving up inflation - why doesn't Johnson talk to them about restraint? | ...

The Guardian 28 Jun 2022
In the short term, inflation – most of which is caused by the rising prices of imported goods such as energy, food, metal and other commodities – poses a real cost to the UK economy that can’t be wished away.
Edit

Foreign firms send home $1.60 billion in July-May FY22

The News International 28 Jun 2022
KARACHI ... In May, foreign firms sent home $136 million worth of profits and dividends ... That compared with $1.382 billion in the corresponding period last year ... These earnings stood at $114.2 million a year earlier ... The surge in the current account gap was attributed to higher import payments amid a spike in global fuel prices and other commodities ... .
Edit

G-7 leaders renew pledge to support Ukraine

Waco Tribune-Herald 28 Jun 2022
“It is questionable whether countries like India and China will agree to cease purchasing Russian oil, especially as it is trading at a significant discount on the global market price,” said Carsten Fritsch, a commodities analyst at Commerzbank.
Edit

Zelenskyy tells G-7 summit Ukraine forces face urgent moment

Times Free Press 28 Jun 2022
"It is questionable whether countries like India and China will agree to cease purchasing Russian oil, especially as it is trading at a significant discount on the global market price," said Carsten Fritsch, a commodities analyst at Commerzbank.
Edit

A2 Briefs

News-Press Now 28 Jun 2022
"It is questionable whether countries like India and China will agree to cease purchasing Russian oil, especially as it is trading at a significant discount on the global market price," said Carsten Fritsch, a commodities analyst at Commerzbank.
Edit

Rupee to remain under pressure; may settle at around 79-80/USD in near term: Experts

The Times of India 27 Jun 2022
For a nation that is 85 per cent dependent on imports to meet its oil needs and 50 per cent for gas requirements, soaring international energy and commodity prices have worsened its external finances. India's crude oil imports bill had more than doubled in May to $19.19 billion.
Edit

Column: Iron ore needs China stimulus action, not just words

Mining Dot Com 27 Jun 2022
Iron ore imports ... iron ore imports in the coming months ... China, which buys almost 70% of global seaborne iron ore, is expected to import about 93.7 million tonnes, according to commodity analysts Kpler, while Refinitiv is tipping arrivals at a slightly higher 96.2 million tonnes.
Edit

Commodities face recession test even as Goldman stays bullish

Mining Dot Com 27 Jun 2022
— among the more bullish commodity-watchers — just said prices haven’t yet topped out. That’s even with Bloomberg’s index of spot commodities down 13% from a record. “We agree that when the economy is in a recession for long enough, commodity demand falls and hence prices, fall,” analysts including Jeffrey Currie wrote in a note.
Edit

Import of tea decreases 2% during July-May 2021-22

Urdu Point 27 Jun 2022
KARACHI, (UrduPoint / Pakistan Point News - 27th Jun, 2022 ) .Decline in tea import reflects that Pakistanis have trimmed down tea consumption in July-May 2021-22, showing 2 percent decrease in import of the commodity in the country.
Edit

Column-Iron ore needs China stimulus action, not just words: Russell

FX Empire 27 Jun 2022
Iron ore imports ... iron ore imports in coming months ... China, which buys almost 70% of global seaborne iron ore, is expected to import about 93.7 million tonnes, according to commodity analysts Kpler, while Refinitiv is tipping arrivals at a slightly higher 96.2 million tonnes.
Edit

Has the market bottomed out? 4 factors that will confirm it

The Times of India 27 Jun 2022
2) Commodity price correction ... The sharp price declines in commodities reflect growing concerns about a recession in the EU and the US in 2023, it said. "A mild recession in DM countries need not be bad for India as it will result in softer commodity prices and lower imported inflation.
Edit

Recession in advanced economies may cool prices in India | Mint

Live Mint 27 Jun 2022
India being a net importer of commodities should benefit on the inflation front," Samiran Chakraborty, managing director and chief economist for India at Citigroup, said in an interview with Bloomberg Television on Monday.
Edit

World Business Quick Take

Taipei Times 27 Jun 2022
Recessions in advanced economies might benefit India in a “perverse way,” as a moderation in global commodities prices would ... “India being a net importer of commodities should benefit on the inflation front,” Chakraborty said in an interview with Bloomberg Television yesterday.

Most Viewed

President of the Republic of Azerbaijan, Commander-in-Chief Ilham Aliyev has today visited the Central Command Post of the Ministry of Defense
Creative Commons / President.az
Russian President Vladimir Putin, left, and Iranian President Ebrahim Raisi, right, talk to each other during their meeting in the Kremlin in Moscow, Russia, Wednesday, Jan. 19, 2022
AP / Pavel Bednyakov, Sputnik, Kremlin Pool
US Soldiers in the 4th Battalion for support to Combined Joint Task Force-Operation Inherent Resolve (CJTF-OIR) eastern Syria
US Army / Spc. DeAndre Pierce
Russian President Vladimir Putin takes part in virtual format at the opening ceremony of the BRICS Business Forum via videoconference in Moscow region, in Moscow, Russia, Thursday, June 23, 2022.
AP / Mikhail Metzel/Sputnik, Kremlin Pool Photo via AP
Servicemen of the people's militia of the separatist Donetsk People's Republic pose for a photo in a street in front of apartment buildings damaged by shelling from fighting on the outskirts of Mariupol, Ukraine
AP / Alexei Alexandrov
×