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Letter of Credit
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Everything You Need to Know About Chinese Wholesale
May 13, 2019Finding Manufactures Discovering Chinese Wholesale Suppliers can be as simple as you want it to be. If you have been scouring the Internet, searching for manufactures, keep it up. Every person searching for a Chinese wholesale supplier ...
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Spot Import Premiums Is Dampened by Weak Interest
Aug 21, 2014Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis slipped for a second consecutive week, dampened by persistently weak physical buying interest during the current summer lull, market ...
Tags: Metal, Copper, Metallurgy
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Iranian Petrochemical Traders Sell Products on a CFR Basis to Avoid Payment Issues
May 29, 2014Iranian petrochemical traders currently sell all their products on a CFR basis in Asia instead of FOB to avoid payment issues, trade sources in Iran and Dubai said Tuesday. "We sell products on a CFR basis in countries like China so as to ...
Tags: Petrochemical
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Chinese Iron Ore Importers Denied They Were Under Pressure to Sell Their Port Stocks
Apr 24, 2014Chinese iron ore importers on Monday denied they were under pressure to sell their port stocks so that they repay their debts to the country's banks, refuting recent local media reports. The importers added that the price of the more than ...
Tags: Iron Ore, steel mills
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Sears Holdings Corporation Announced Lands'End Has Been Separated From Sears Holdings
Apr 9, 2014Sears Holdings Corporation announced that its pro-rata spin-off of Lands' End, Inc. ("Lands' End") from Sears Holdings closed on April 4, 2014. Lands' End has now been separated from Sears Holdings and its common stock is expected to begin ...
Tags: Sears Holdings, Lands'End Business
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You Can Still Sell Coal to China, But Prices Are an Issue
Feb 27, 2014Spot deals for Indonesian thermal coal were hard to come by as bids from both Indian and Chinese buyers are not firm due to rising freight rates, sources said Tuesday. "You can still sell coal to China, but prices are an issue," a ...
Tags: Thermal Coal, Mineral
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Learn Trade Knowledge - Win New Year Gifts
Jan 11, 2014Activity Date: January 10th ~ January 31st (GMT+8:00) Happy New Year! Thank you for joining in our activity. Good luck for you to win a wonderful new year gift during the lucky draw! We will update the previous quiz answer every ...
Tags: Trade Knowledge, New Year Gifts, Trading Quiz, Lucky Draw
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Indian Govt Amended Procedure for Issue of Rcs for Export Including Cotton and Cotton Yarn
Jan 6, 2014The Director General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India has amended the procedure for issue of Registration Certificates (RCs) for export of various commodities, including cotton and cotton yarn. ...
Tags: Cotton, Yarn Exports
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The European RMB Boss - Luxembourg
Dec 10, 2013Although Luxembourg trade volume is not large, but it's ranked first Yuan trade financing countries in Europe. The data from PWC showed that, the total of RMB trade finance in Luxembourg from January 2013 to September was 70.1 billion Yuan, ...
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Arch Coal Announced That It Entered Into an Agreement for $16 Million in Cash
Oct 12, 2013Arch Coal, Inc. announced Thursday that it has entered into an agreement to acquire the Guffy property from Patriot Coal Corporation for $16 million in cash. The Guffy reserves are owned in-fee, are contiguous to Arch's Tygart Valley ...
Tags: Arch Coal, Patriot Coal
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There Are Some Measures for Importing From China to The USA
May 27, 2013Focus on the import duties. Import duties will be based on the HS code of the products you import, the countries of origin which is China and the destination. In case your Chinese supplier has some export knowledge, he must know exactly ...
Tags: Importing From China
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Top 10 Things That You Should Keep in Mind When Importing From China
May 27, 20131. Know about your potential suppliers. It is best if you have information of whether your potential suppliers are third party suppliers, exporters, or actual manufacturers in China. Keep in mind that in international trade, business ...
Tags: Importing From China
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Hyundai Steel Company Issued a USD 17.2 Million Letter of Credit
Jan 6, 2013It is reported that Hyundai Steel Company issued a USD 17.2 million letter of credit to Australian iron ore company Pluton Resources against the purchase of four shipments commencing in August 2013. Mr Tony Schoer MD of Pluton Resources ...
Tags: Hyundai Steel Company, Australia, iron ore, Pluton Resources
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Uttam Galva Group Would Turn Around The Fortunes of The Acquired Company
Dec 29, 2012Economic Times reported that Uttam Galva group,which recently acquired majority stake in the ailing Lloyds Steel,would turn around the fortunes of the acquired company and planned to double its operating profit in about a year. Mr ...
Tags: Lloyds Steel, Economic
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How Keep Your Business Safe
Dec 27, 20121. How to protect trade secrets and processes? The best thing your company can do is to only disseminate trade secrets to those who have a need to know the information. When outsourcing manufacturers you may consider separating your ...
Tags: Focus Vision, Service, Business Safe
