Commodity Imports

Latest News for: Commodity imports

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ECONOMIC SURVEY 2022-23: Inflationary pressure intensifies amid global headwinds

Dawn 09 Jun 2023

The current financial crisis has made it difficult to import essential food commodities and inputs ... The poultry industry is facing a crisis due to high import costs and restrictions on soybean imports.Although international prices for agriculture-related commodities began ...

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PH trade deficit narrows in April

Manila Bulletin 09 Jun 2023

The Philippine Statistics Authority (PSA) reported on Friday, June 9, a contraction in the country's trade deficit for April, attributed to the slowdown in both exports and imports during the month ... The value of imported goods saw significant decreases in several commodity groups.

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Dip in exports, remittances offsets gains of low imports

Dawn 09 Jun 2023

The total imports during Jul-Mar, ... The impact of floods also offset the imports target as cotton production fell to 4.91m bales during FY2023, compared to 8.3m bales last year, forcing the government to import the commodity to meet the domestic requirement of around 15m bales.

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SamGyi Afrika Farms invests GH?5 million in piggery

Business Ghana 09 Jun 2023

Currently, the farms have about six kinds of pure and mixed breed pigs, including Duroc, Pietrain, Large Whites (Yorkshire), Landrace, Camborough, and TN70, all of which are imported from Europe ... Ghana imports ... Pig Meat was the 510th most imported commodity in Ghana the same year.

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There’s history behind S Korea’s nuclear desire

Asiatimes 09 Jun 2023

Photo. Yonhap ... South Korea is an important country for US farmers and ranchers ... Whereas many countries only import commodities from the US, the South Koreans’ biggest purchase, to the tune of $2.7 billion, was a value-added product, beef ... Perhaps as important as worries about US reliability is the increasing seriousness of the threat ... Map ... ....

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As expected, RBI's Monetary Policy review June 2023 remains status quo: Expert

International Business Times 09 Jun 2023

The MPC kept rates and stance unchanged, the latter with the expected dissent from Prof. Varma ... We delve into details below ... The stance ... He goes on ... Most of global rate hikes are behind us, the commodity price shock and supply congestion have largely unwound. Equally importantly, India's CPI and current account dynamics have improved substantially ... RBI ... .

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CLYDE RUSSELL: China’s imports of major commodities reflect mixed economic data

Business Day 08 Jun 2023

The overall performance is suggestive that commodity imports are starting to exhibit the same unevenness that has characterised the recovery in the world’s second-largest economy after Beijing ended its strict zero-Covid-19 policies that had put a straitjacket on growth in 2022.

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Deputies raise eyebrows over continuous govt borrowing

The Point 08 Jun 2023

The loan is meant for the importation of petroleum products, food and other essential commodities from African and Arab countries ... He elaborated that BADEA is committed to provide support to The Gambia government through this loan, which he said would provide an inflow of foreign exchange to ease importation of the essential commodities.

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Indonesia, Malaysia should collaborate on palm oil, Widodo says

Al Jazeera 08 Jun 2023

... the commodity. The EU passed a law this year banning imports of commodities linked to deforestation, a move that is expected to hurt palm oil. Indonesia and Malaysia are the world’s top two producers and exporters of palm oil, a commodity used in everything from lipstick to pizza.

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Indonesia and Malaysia unite against EU palm oil ‘discrimination’

Business Day 08 Jun 2023

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China’s imports of major commodities reflect mixed economic data

Hellenic Shipping News Worldwide 08 Jun 2023

The overall performance is suggestive that commodity imports are ...

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Indonesia, Malaysia aim to fight 'discrimination' against palm oil

Reuters 08 Jun 2023

The EU passed a law this year banning imports of commodities linked to deforestation, a move that is expected to hurt palm oil. Indonesia and Malaysia are the world's top two producers and exporters of palm oil, a commodity used in everything from lipstick to pizza.

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Kenyan economy accelerating World Bank

Beijing News 08 Jun 2023

"External risks include weaker than anticipated growth in Europe, elevated global commodity prices that can increase Kenya's import bill and increase the cost of reducing inflation, and further tightening of financial conditions in advanced economies," the report concluded.

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Kenyan economy accelerating – World Bank

Russia Today 08 Jun 2023

“External risks include weaker than anticipated growth in Europe, elevated global commodity prices that can increase Kenya's import bill and increase the cost of reducing inflation, and further tightening of financial conditions in advanced economies,” the report concluded.

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WB: Gambia's economy shows resilience amid global challenges

The Point 08 Jun 2023

However, challenges such as rising commodity prices and limited availability of manufacturing inputs have tempered the country's overall performance." ... Furthermore, trade disruptions and negative terms of trade have weighed on the economy, as the country is a net oil and commodity (food) importer and recorded negative terms of trade in 2022.