People’s Bank of China published the statement on improving the quotation of the middle exchange rate of RMB against the U.S. dollar on August 11. RMB depreciates against US dollars almost 4.6% in 4 days. This is the biased correction ...
Tags: foreign trade situation, rate of RMB against the U.S.dollar
China's central bank has devalued the yuan by almost 2 per cent - its lowest rate against the US dollar in almost three years. The People's Bank of China (POBC) said the decision to devalue the yuan by 1.9 per cent was a "one-off ...
Tags: China Yuan, US dollar
The exports of garments from India are likely to cross the US$ 17 billion mark in fiscal year 2014-15, according to the Clothing Manufacturers' Association of India (CMAI). Addressing a press conference to announce the 59th National ...
The exports of garments from India are likely to cross the US$ 17 billion mark in fiscal year 2014-15, according to the Clothing Manufacturers' Association of India (CMAI). Addressing a press conference to announce the 59th National ...
Tags: Apparel, Accessories, Textile, Garment
Indonesian thermal coal prices were stable to higher on Monday with very few deals reported as the market awaits direction from India after the end of its month-long elections later this week, sources said. "Prices have been more or less ...
Tags: Thermal Coal, Indian demand
"Clariant had a promising start to the year with good volume growth and an increase in operating profitability," said CEO Hariolf Kottmann. "Overall, our businesses performed well in an improving but still mixed economic environment. The ...
Tags: Construction, Decoration, economy
There is uneasiness that, following the release of China’s cotton policy, there will be pressure from Chinese buyers on Indian spinners to further reduce prices. In recent months, Chinese buyers have already lowered yarn buying ...
ntly in January this year amid high stockpiles at power plants and strong hydropower generation, medium to long-term outlook remains positive given India's reliance on imported coal, Macquarie Research said in a note Monday. India's ...
Tags: Thermal Coal, Mineral
The Chinese import price for Indian-origin ferrochrome (58-60% Cr) inched higher to 84-86 cents/lb CIF China Friday, from 84-85 cents/lb CIF a week ago, as Chinese buyers lifted their price ideas amid a strengthening Chinese yuan against ...
Tags: Origin Material, Chemicals
In the week ending January 11, 2014, farmers and ginners in India held to their cotton without any fear of downtrend, says a weekly report on cotton market trends released by S. Ajay Kumar & Company. During the week, cotton market ...
Tags: Cotton Farmers, cotton market
The spot price for South African charge chrome (48-52% Cr) was assessed at 83-84 cents/pound CIF China Friday, down from 83-85 cents/lb CIF China assessed the previous week, amid slow demand. The spot price of Indian-origin high carbon ...
Tags: Metallurgy, Mineral, Energy
Clariant performance well on target after solid third quarter Sales from continuing operations in Q3 2013 grew 2% in local currencies and were 3% lower in Swiss francs, at CHF 1.443 billion, down from CHF 1.489 billion in the same period ...
Tags: economy, Construction
Profits at Sri Lanka's Piramal Glass Ceylon Plc (PGC) fell 93 percent to 18.7 million rupees in the September 2013 quarter from a year earlier as volumes dropped in a slowing economy but the firm said it boosted exports. The firm reported ...
Tags: Construction, Decoration, Glass
While Indian rupee has become all-time low against the US dollar, the textile and apparel exporters of the country are pondering on benefits of sharp fall in rupee on the industry. The Indian rupee was marked at Rs. 61.66 on August 18, 2013 ...
Tags: Textile Exporters
Cement imports from Pakistan through Attari-Wagah route has almost come to a halt with record rise in US dollar against rupee, eliminating the viability for its import, traders said here. "There are no fresh orders taking place for import ...
Tags: Cement, Construction